Matter
Mr [B] [K] v Kyrgyz Republic (French Court of Cassation W 17-17.981)
- 24 October 2014Arbitration
24 October 2014Arbitration
Arbitral Award rendered in Paris on 24 October 2014
- Decision summary
- The tribunal ordered the Kyrgyz Republic to pay Mr [B] [K] USD 15,020,000, plus interest and procedural costs, and ordered Mr [K] to transfer his participation in Manas Bank; it rejected the remaining claims.
Supporting details
2 authorities · 5 participants2 years, 3 months and 28 days later · 851 days
- 21 February 2017France
21 February 2017France
Judgment of the Paris Court of Appeal, Pôle 1, Chambre 1 in case 15/01650 dated 21 February 2017
Paris Court of Appeal, Pôle 1, Chambre 1
- Decision summary
- The court annulled the 24 October 2014 arbitral award, holding that its recognition or enforcement would violate French international public policy by benefiting Mr [K] from the proceeds of criminal activities. It rejected Mr [K]'s claim for damages for abusive proceedings and ordered him to pay EUR 300,000 to the Kyrgyz Republic under article 700 of the French Code of Civil Procedure.
Supporting details
4 authorities · 10 participantsKyrgyz Republic
- Representative
- Center of Court Representation (For: Kyrgyz Republic)
- Representative
- SCP AFG (For: Kyrgyz Republic)
- Representative
- Alain Fisselier (For: Kyrgyz Republic)
Mr [B] [K]
- Representative
- SELARL Pellerin - De Maria - Guerre (For: Mr [B] [K])
- Representative
- Florence Guerre (For: Mr [B] [K])
Paris Court of Appeal, Pôle 1, Chambre 1
5 years, 1 month and 2 days later · 1856 days
- 23 March 2022France
23 March 2022France
Judgment of the French Court of Cassation, First Civil Chamber in case W 17-17.981 dated 23 March 2022
French Court of Cassation, First Civil Chamber
- Decision summary
- The court dismissed Mr [K]'s appeal and upheld the annulment of the arbitral award. It held that the Paris Court of Appeal properly examined whether recognition or enforcement would be compatible with international public policy and correctly found a characterised violation because enforcement would benefit Mr [K] from the proceeds of criminal activities.
Supporting details
2 authorities · 9 participantsMr [B] [K]
- Representative
- SARL Ortscheidt (For: Mr [B] [K])
Kyrgyz Republic
- Representative
- Center of Court Representation (For: Kyrgyz Republic)
- Representative
- SCP Piwnica et Molinié (For: Kyrgyz Republic)
French Court of Cassation, First Civil Chamber
Other
- Court Reporter
- Vignes