JSC BTA Bank is pleased to announce that on 6 January 2011, the United States Bankruptcy Court for the Southern District of New York (the "Bankruptcy Court") granted BTA's motion to close BTA's proceedings under chapter 15 of the United States Bankruptcy Code ("Chapter 15") and granted a permanent injunction against actions in the U.S. which violate the terms of the restructuring plan approved by the Specialised Financial Court of Almaty in the Bank's restructuring proceedings in Kazakhstan.

Source: BTA Bank

http://www.bta.kz/en/press/news/2011/01/11/401/