Arbitral Digest

Matter

Alpha Petrovision Holding AG in liquidation v Ipsa Holding — safeguard proceedings and related arbitration

  1. 23 December 2016Arbitration

    23 December 2016Arbitration

    Zurich Arbitral Tribunal Award dated 23 December 2016

    Decision summary
    The Zurich arbitral tribunal ordered Ipsa Holding to pay Alpha Petrovision Holding EUR 3,310,399.16, including the earn-out claim, together with further interest, fees, and costs.

    Supporting details

    2 participants
    Alpha Petrovision Holding AG in liquidation
    Ipsa Holding

    17 days later · 17 days

  2. 9 January 2017France

    9 January 2017France

    Judgment of the Paris Commercial Court dated 9 January 2017 (safeguard proceedings)

    Paris Commercial Court

    Decision summary
    The court opened safeguard proceedings for Ipsa Holding and appointed an administrator and a judicial representative.

    Supporting details

    2 participants
    Alpha Petrovision Holding AG in liquidation
    Ipsa Holding
    Paris Commercial Court

    1 year, 8 months and 23 days later · 631 days

  3. 2 October 2018France

    2 October 2018France

    Judgment of the Paris Commercial Court dated 2 October 2018 (closure application)

    Paris Commercial Court

    Decision summary
    The court dismissed Alpha Petrovision Holding's application to close Ipsa Holding's safeguard proceedings and ordered Alpha Petrovision to pay EUR 3,000 under article 700 of the French Code of Civil Procedure and the costs.

    Supporting details

    2 participants
    Alpha Petrovision Holding AG in liquidation
    Ipsa Holding
    Paris Commercial Court
  4. 2 October 2018France

    2 October 2018France

    Judgment of the Paris Commercial Court dated 2 October 2018 (safeguard plan)

    Paris Commercial Court

    Decision summary
    The court adopted a four-year safeguard plan for Ipsa Holding.

    Supporting details

    2 participants
    Alpha Petrovision Holding AG in liquidation
    Ipsa Holding
    Paris Commercial Court

    3 months and 27 days later · 119 days

  5. 29 January 2019France

    29 January 2019France

    Judgment of the Paris Commercial Court dated 29 January 2019 (third-party opposition)

    Paris Commercial Court

    Decision summary
    The court rejected Alpha Petrovision Holding's third-party opposition to the safeguard-plan judgment, leaving the plan in place.

    Supporting details

    2 participants
    Alpha Petrovision Holding AG in liquidation
    Ipsa Holding
    Paris Commercial Court

    6 months and 8 days later · 189 days

  6. 6 August 2019France

    6 August 2019France

    Decision of the Paris Court of Appeal, Division 5, Chamber 8 in case RG 18/22000 dated 6 August 2019

    Paris Court of Appeal, Division 5, Chamber 8

    Case no.
    RG 18/22000
    Decision summary
    The court held Alpha Petrovision Holding AG in liquidation's appeal against the refusal to close Ipsa Holding's safeguard proceedings admissible, rejected it on the merits, and confirmed the judgment. It ordered Alpha Petrovision to pay EUR 1,500 each to Ipsa Holding and the judicial representative under article 700 of the French Code of Civil Procedure, plus the costs.

    Supporting details

    2 authorities · 14 participants
    Alpha Petrovision Holding AG in liquidation
    Representative
    Stéphane Fertier (For: Alpha Petrovision Holding AG in liquidation)
    Representative
    Patricia Le Marchand (For: Alpha Petrovision Holding AG in liquidation)
    Ipsa Holding
    Representative
    Luca De Maria (For: Ipsa Holding · SCP CBF Associés, represented by Maître [E] [Y])
    Representative
    Gilles Podeur (For: Ipsa Holding · SCP CBF Associés, represented by Maître [E] [Y])
    Paris Court of Appeal, Division 5, Chamber 8
    Other
    Institutional administrator
    SCP [Q], represented by Maître [S] [R]
    Representative
    Vincent Gallet (For: SCP [Q], represented by Maître [S] [R])
    Court Reporter
    Marie Bounaix
    Court Reporter
    Liselotte Fenouil

    Authorities cited

    2
    • French Commercial Code, Articles L 621-3, L 661-1, L 661-6, R 626-17, R 626-18 and R 662-1
      statute
    • French Code of Civil Procedure, Articles 450, 455, 700 and 785
      statute

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Alpha Petrovision Holding AG in liquidation v Ipsa Holding — safeguard proceedings and related arbitration · Matter