Matter
Arab Consortium International Finance and Investment Company v Banque Franco-Tunisienne
- 23 July 1987Arbitration
23 July 1987Arbitration
Arbitral award of 23 July 1987
- Decision summary
- The arbitral award ordered Banque Franco-Tunisienne to pay various sums to Arab Consortium International Finance and Investment Company in the dispute concerning BFT shares subscribed by ABCI.
Supporting details
2 participantsArab Consortium International Finance and Investment Company
Banque Franco-Tunisienne
1 month and 11 days later · 42 days
- 3 September 1987Arbitration
3 September 1987Arbitration
Exequatur order of 3 September 1987
Supporting details
2 participantsArab Consortium International Finance and Investment Company
Banque Franco-Tunisienne
9 years, 5 months and 24 days later · 3465 days
- 27 February 1997France
27 February 1997France
Judgment of the Paris Court of Appeal dated 27 February 1997
Paris Court of Appeal
- Decision summary
- The Paris Court of Appeal declared inadmissible Banque Franco-Tunisienne's application to set aside the 23 July 1987 arbitral award.
Supporting details
2 participantsBanque Franco-Tunisienne
Arab Consortium International Finance and Investment Company
Paris Court of Appeal
2 years, 10 months and 15 days later · 1048 days
- 11 January 2000France
11 January 2000France
Judgment of the French Court of Cassation dated 11 January 2000
French Court of Cassation
- Decision summary
- The French Court of Cassation rejected Banque Franco-Tunisienne's appeal from the decision declaring its challenge to the arbitral award inadmissible.
Supporting details
2 participantsBanque Franco-Tunisienne
Arab Consortium International Finance and Investment Company
French Court of Cassation
6 months later · 182 days
- 11 July 2000France
11 July 2000France
Judgment of the Enforcement Judge dated 11 July 2000
Enforcement Judge
- Decision summary
- The enforcement judge dismissed Banque Franco-Tunisienne's application to annul and lift the attachment seizures made to enforce the arbitral award.
Supporting details
2 participantsBanque Franco-Tunisienne
Arab Consortium International Finance and Investment Company
Enforcement Judge
8 months and 18 days later · 261 days
- 29 March 2001France
29 March 2001France
Judgment of the Paris Court of Appeal dated 29 March 2001
Paris Court of Appeal
- Decision summary
- The Paris Court of Appeal declared the attachment seizures regular and ordered Banque Franco-Tunisienne to pay ABCI 30,000 French francs under Article 700 of the New Code of Civil Procedure.
Supporting details
2 participantsBanque Franco-Tunisienne
Arab Consortium International Finance and Investment Company
Paris Court of Appeal
2 years, 10 months and 19 days later · 1055 days
- 17 February 2004France
17 February 2004France
Judgment of the French Court of Cassation, First Civil Chamber dated 17 February 2004
French Court of Cassation, First Civil Chamber
- Decision summary
- The French Court of Cassation rejected Banque Franco-Tunisienne's appeal. It held that the attachment seizures rested on the exequatur-backed arbitral award and the 27 February 1997 judgment as an inseparable enforceable title, and that the enforcement judge could not reopen the title's validity. BFT was condemned to costs and ordered to pay ABCI 2,000 euros under Article 700 of the New Code of Civil Procedure.
Supporting details
8 authorities · 2 participantsBanque Franco-Tunisienne
Arab Consortium International Finance and Investment Company
French Court of Cassation, First Civil Chamber