Emergency arbitrator rejects ENA shareholders` new claims

ArmInfo. The emergency arbitrator has rejected the new claims of the ENA shareholders, the press service of the Armenian government reports.

Specifically, according to the information, "Liormand Holdings  Limited, Samvel Karapetyan, Eteri Karapetyan, Sargis Karapetyan and  Karen Karapetyan ("Claimants") on July 29, 2025 again applied to the  Emergency Arbitrator appointed under the Arbitration Rules of the  Stockholm Chamber of Commerce Arbitration Institute, requesting to  supplement the Emergency Arbitrator's arbitral award of July 22, 2025  in the framework of case EA 2025/121 with the following content:

1. Declare that the Republic of Armenia has a legal obligation to  implement the said arbitral award, 2. Oblige Armenia to restore the  status quo existing as of the date of the Claimants' first  application (July 16, 2025), and 3. Oblige Armenia to inform the  Emergency Arbitrator and the Claimants of all steps taken to comply  with the arbitral award (including to restore the status quo), as  well as to confirm the implementation of interim measures within the  time limit(s) set by the Emergency Arbitrator.  "By its decision of  August 3, 2019, the arbitrator completely rejected the Claimants'  claim on the grounds that new claims were submitted compared to the  initial claim and that its jurisdiction and powers do not extend to  the requested security measures," the statement released by the Prime  Minister's Office states. 

The RA government also recalled that in the arbitration award of July  22, the Emergency Arbitrator rejected the Claimants' claims to  release Samvel Karapetyan from pre-trial detention or replace him by  another means, as well as to refrain from initiating a criminal case  against the management or employees of the organization belonging to  the Tashir Group.