Matter
Alpha Petrovision Holding AG v IPSA Holding SAS (Paris Court of Appeal RG 17/09133)
- 23 December 2016Arbitration
23 December 2016Arbitration
Arbitral Award rendered in Zurich on 23 December 2016
- Decision summary
- The arbitral tribunal ordered IPSA Holding SAS to pay Alpha Petrovision Holding AG EUR 3,310,399.16 in principal and interest, with subsequent interest, fees, and costs.
Supporting details
5 participants17 days later · 17 days
- 9 January 2017France
9 January 2017France
Judgment of the Paris Commercial Court opening safeguard proceedings dated 9 January 2017
Paris Commercial Court
- Decision summary
- The Paris Commercial Court opened safeguard proceedings against IPSA Holding SAS.
Supporting details
1 participantIPSA Holding SAS
Paris Commercial Court
2 months and 1 day later · 60 days
- 10 March 2017France
10 March 2017France
Order of the Tribunal de grande instance de Paris granting exequatur dated 10 March 2017
Tribunal de grande instance de Paris
- Decision summary
- The delegate of the President of the Tribunal de grande instance de Paris granted exequatur to the Zurich arbitral award rendered on 23 December 2016.
Supporting details
2 participantsAlpha Petrovision Holding AG
IPSA Holding SAS
Tribunal de grande instance de Paris
10 months and 1 day later · 307 days
- 11 January 2018Switzerland
11 January 2018Switzerland
Judgment of the Swiss Federal Supreme Court dated 11 January 2018
Swiss Federal Supreme Court
- Decision summary
- The Swiss Federal Supreme Court rejected IPSA Holding SAS's appeal seeking annulment of the Zurich arbitral award.
Supporting details
2 participantsIPSA Holding SAS
Alpha Petrovision Holding AG
Swiss Federal Supreme Court
4 months and 11 days later · 131 days
- 22 May 2018France
22 May 2018France
Order of the supervisory judge of the Paris Commercial Court dated 22 May 2018
Paris Commercial Court
- Decision summary
- The supervisory judge stayed the decision on admission of APV's claim against IPSA Holding pending the decision on the appeal against the exequatur order.
Supporting details
2 participantsAlpha Petrovision Holding AG
IPSA Holding SAS
Paris Commercial Court
11 months and 22 days later · 357 days
- 14 May 2019France
14 May 2019France
Judgment of the Paris Court of Appeal, Division 1 - Chamber 1 in case RG 17/09133 dated 14 May 2019
Paris Court of Appeal, Division 1 - Chamber 1
- Decision summary
- The court held that the principle of contradiction was respected. It confirmed recognition and opposability in France of the Zurich award after APV declared its claim in the safeguard proceedings, but set aside the exequatur order insofar as it made the monetary condemnation enforceable; it rejected the Article 700 applications and ordered each party to bear its own costs.
Supporting details
2 authorities · 19 participantsIPSA Holding SAS
- Representative
- Me Luca DE MARIA (For: IPSA Holding SAS)
- Representative
- SELARL PELLERIN - DE MARIA - GUERRE (For: IPSA Holding SAS)
- Representative
- Me Gilles PODEUR (For: IPSA Holding SAS)
S.C.P. CBF ASSOCIES
- Representative
- Maître U... F... (For: S.C.P. CBF ASSOCIES)
SCP P... W...
- Representative
- Me MENEGHETTI (For: SCP P... W...)
- Representative
- Me Bernard VATIER (For: SCP P... W...)
- Representative
- Me Y... W... (For: SCP P... W...)
Alpha Petrovision Holding AG
- Representative
- Me Christian VALENTIE (For: Alpha Petrovision Holding AG)
- Representative
- Me BENSOUSSAN-CREMIEUX (For: Alpha Petrovision Holding AG)
SELAS SELASU A... V...
- Representative
- Maître A... V... (For: SELAS SELASU A... V...)
Paris Court of Appeal, Division 1 - Chamber 1
- Judge
- Mme Dominique GUIHAL
- Judge
- Mme Anne BEAUVOIS
- Judge
- M. François ANCEL
Other
- Institutional administrator
- Mme Mélanie PATE