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.
