Bank Tejarat Iran v Italricambi SRL (Paris Court of Appeal 10/08856)

Procedural record

1. 2 March 2010Italy

   2 March 2010Italy

   Judgment of the Bologna Court dated 2 March 2010

   Bologna Court

   Decision summary

   The Bologna Court ordered Bank Tejarat Iran to pay the Italricambi bankruptcy estate EUR 1,885,816.34 on the basis of 24 bills of exchange.

   Participants

   Bank Tejarat Iran

   Italricambi SRL bankruptcy estate

   Bologna Court

   16 days later · 16 days

2. 18 March 2010France

   18 March 2010France

   Decision of the Chief Clerk of the Paris Regional Court dated 18 March 2010

   Paris Regional Court

   Decision summary

   The Chief Clerk of the Paris Regional Court declared the 2 March 2010 Bologna judgment enforceable in France under Council Regulation (EC) No. 44/2001.

   Participants

   Bank Tejarat Iran

   Italricambi SRL bankruptcy estate

   Paris Regional Court

   10 months and 8 days later · 314 days

3. 26 January 2011Italy

   26 January 2011Italy

   Decision of the Bologna Ordinary Court dated 26 January 2011

   Bologna Ordinary Court

   Decision summary

   The Bologna Ordinary Court rejected Bank Tejarat Iran's request to suspend provisional enforcement of the 2 March 2010 Bologna judgment.

   Participants

   Bank Tejarat Iran

   Italricambi SRL bankruptcy estate

   Bologna Ordinary Court

   1 month and 5 days later · 36 days

4. 3 March 2011France

   3 March 2011France

   Judgment of the Paris Court of Appeal, Division 1 - Chamber 1 in case 10/08856 dated 3 March 2011

   Paris Court of Appeal, Division 1 - Chamber 1

   Case no.

   10/08856

   Decision summary

   The Paris Court of Appeal rejected Bank Tejarat Iran's request to revoke the declaration making the 2 March 2010 Bologna judgment enforceable in France, rejected its requests for a stay, security, and damages, and ordered it to pay EUR 5,000 in costs and the procedural costs.

   Participants

   Bank Tejarat Iran

   Representative

   SCP Monin D'Auriac de Brons (For: Bank Tejarat Iran)

   Representative

   Bertrand Moreau (For: Bank Tejarat Iran)

   Italricambi SRL bankruptcy estate

   Representative

   SCP Hardouin (For: Italricambi SRL bankruptcy estate)

   Representative

   Denis Laurent (For: Italricambi SRL bankruptcy estate)

   Representative

   Mr [J] [E] (For: Italricambi SRL bankruptcy estate)

   Paris Court of Appeal, Division 1 - Chamber 1

   Judge

   Matet

   Judge

   Guihal

   Judge

   Dallery

   Other

   Institutional administrator

   Pate

   Institutional administrator

   Girier-Dufournier

   Authorities cited

   4

   • Council Regulation (EC) No. 44/2001 of 22 December 2000
     statute
   • French Code of Civil Procedure
     statute
   • Judgment of the Commercial Court of Bologna of 13 March 2000
     case-law
   • Judgment of 25 September 2003
     case-law