Arbitral Digest

Matter

Annahold BV v L'Oréal (Court of Cassation, First Civil Chamber, 4 July 2006)

  1. 21 December 1998Switzerland

    21 December 1998Switzerland

    Decision of the Swiss Federal Tribunal dated 21 December 1998

    Swiss Federal Tribunal

    Decision summary
    The Swiss Federal Tribunal rejected Annahold BV's unjust-enrichment action against Mr X... seeking restitution of 20 million French francs connected with the share-price dispute.

    Supporting details

    2 participants
    Annahold BV
    Mr X...
    Swiss Federal Tribunal

    5 years, 2 months and 20 days later · 1908 days

  2. 12 March 2004France

    12 March 2004France

    Decision of the Paris Court of Appeal dated 12 March 2004

    Paris Court of Appeal

    Decision summary
    The Paris Court of Appeal upheld the conclusion that Annahold BV's French restitution and nullity action against Mr X... and L'Oréal was barred by the res judicata effect of the Swiss decisions.

    Supporting details

    3 participants
    Annahold BV
    Mr X...
    L'Oréal
    Paris Court of Appeal

    2 years, 3 months and 22 days later · 844 days

  3. 4 July 2006France

    4 July 2006France

    Decision of the Court of Cassation, First Civil Chamber dated 4 July 2006

    Court of Cassation, First Civil Chamber

    Decision summary
    The Court of Cassation rejected Annahold BV's appeal. It held that the French restitution action against Mr X... was barred by the res judicata effect recognized for the Swiss decisions under article 26 of the Lugano Convention of 16 September 1988; the forced intervention of L'Oréal did not alter that result. Annahold BV was ordered to pay the costs, and the requests under article 700 of the new Code of Civil Procedure were rejected.

    Supporting details

    5 authorities · 3 participants
    Annahold BV
    Mr X...
    L'Oréal
    Court of Cassation, First Civil Chamber

    Authorities cited

    5
    • French Civil Code, article 1351
      statute
    • French Civil Code, article 1108
      statute
    • French Civil Code, article 1131
      statute
    • Lugano Convention of 16 September 1988, article 26
      treaty
    • French Code of Civil Procedure, article 700
      statute
  4. Date not availableArbitration

    Date not availableArbitration

    Arbitral sentence fixing the price of Annahold BV's shares in the Panavision transaction

    Decision summary
    The arbitral sentence fixed the price of Annahold BV's shares in the transaction with L'Oréal.

    Supporting details

    2 participants
    Annahold BV
    L'Oréal

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Annahold BV v L'Oréal (Court of Cassation, First Civil Chamber, 4 July 2006) · Matter