Kumtor developments: Court denies motion for appeal as of right of Kyrgyzstan

2021-10-25 13:30

Senior Judge of the United States District Court for the Southern District of New York Alvin K. Hellerstein denied the motion of the Kyrgyz Republic to appeal the order entered by the Bankruptcy Court of the Southern District of New York on July 20, 2021, finding the republic in contempt of violating the court’s automatic worldwide stay under 11 U.

S. C. § 362(a) and ordering it to pay the attorney’s fees of Kumtor Gold Company CJSC and Kumtor Operating Company CJSC - Centerra Gold Inc. subsidiaries - as sanction. The court order says. .

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