News and Insights
Explore current news, industry trends, and expert viewpoints. Stay up to date with insights that inform and inspire.
Recent News
Successful Defense in Mining Sector Damages Claim Upheld on Cassation
We have concluded a civil damages dispute with a strong outcome for our client in the mining sector - the respondent’s position was affirmed on appeal and upheld on cassation. The appellate court found that a material part of the claim was not proven and amended the first-instance decision, awarding only the amount supported by evidence and a demonstrated causal link. The cassation court left the appellate ruling unchanged. Three takeaways: 1. A “calculation/estimate” is not the same as proven loss. 2. Causation, necessity and reasonableness remain decisive. 3. Expert evidence and disciplined proof strategy win cases.
Rankings in Chambers and IFLR1000
The firm earned the following individual rankings for 2026: Chambers Asia-Pacific / Global: Kazakhstan: Energy & Natural Resources - Klara Nurgaziyeva; IFLR1000: Kazakhstan: Energy & Infrastructure - Klara Nurgaziyeva; IFLR1000: Kazakhstan: Banking - Karina Ilyussizova.
BI Group's Acquisition in Uzbekistan
IMN advised BI Group on its acquisition of Murad Buildings’ stake in NRG. Karina Ilyussizova led the transaction from negotiations to closing, ensuring efficient execution and full legal support.
Successful Re-domicilation to the AIFC
Our team finalized the re-domiciliation of a company from Cyprus to the Astana International Financial Centre (AIFC). This marks another milestone in our growing track record of assisting both private and public companies in relocating their corporate presence to the AIFC. With several projects completed, we have gained hands-on experience in navigating this practice-driven process. The AIFC continues to attract companies seeking a common law environment, investor-friendly jurisdiction, and access to regional markets across Central Asia and beyond. We are proud to support our clients in leveraging these advantages.
