Partner of Synergy Partners participaed as an arbitrator
Mr. Nurzhan Stamkulov, Partner of Synergy Partners Law Firm, resolved the commercial dispute as the arbitrator appointed in accordance with the rules of the Arbitration Center of the National Chamber of Enterpreneurs Atameken.
The arbitration clause of the contract refered to all disputes to be resolved by the rules of Arbitration Center of the National Chamber of Enterpreneurs Atameken (http://www.aca.kz). When the dispute appeared, the parties of the contract had chosen Mr. Nurzhan Stamkulov as a single arbitrator to resolve their commercial dispute.
In recent years the arbitration centers in the Republic of Kazakhstan gains popularity among business community. Our litigation practice shows that Kazkahstan arbitration as a forum will be more popular in terms of justice, terms of review and enforceability compare to state civil courts.