Arbitral Digest

Matter

Banque BIA v Cross Continental Trading Limited and others (French Court of Cassation, appeals U 18-18.374 and X 18-20.263)

French proceedings concerning jurisdictional objections and the arbitration clause in a dispute between Banque BIA and Cross Continental Trading.

  • Jurisdiction and arbitration agreements

Procedural record

  1. 4 December 2019France

    4 December 2019France

    Decision of the French Court of Cassation, First Civil Chamber, dated 4 December 2019 in appeal U 18-18.374

    French Court of Cassation, First Civil Chamber

    Case no.
    U 18-18.374
    Citation
    Decision No. 10678 F
    Decision summary
    The Court rejected Banque BIA's appeal against the Paris Court of Appeal's jurisdictional decision. It ordered Banque BIA to pay the costs and EUR 3,000 to Cross Continental Trading Limited under Article 700 of the French Code of Civil Procedure.

    Participants

    Banque BIA
    Representative
    SCP Nicolaÿ, de Lanouvelle et Hannotin (For: Banque BIA)
    Cross Continental Trading Limited
    Representative
    SCP Potier de La Varde, Buk-Lament et Robillot (For: Cross Continental Trading Limited)
    The International Banking Corporation BSC
    Representative
    SCP Piwnica et Molinié (For: The International Banking Corporation BSC · Cabinet Trowers and Hamlins LLP)
    Cabinet Trowers and Hamlins LLP
    Representative
    SCP Piwnica et Molinié (For: The International Banking Corporation BSC · Cabinet Trowers and Hamlins LLP)
    French Court of Cassation, First Civil Chamber
    Judge
    Ms Batut
    Judge
    Mr Hascher
    Judge
    Ms Auroy
    Other
    Institutional administrator
    Ms Berthomier

    Authorities cited

    2
    • French Code of Civil Procedure
      statute
    • French Civil Code
      statute
  2. 4 December 2019France

    4 December 2019France

    Decision of the French Court of Cassation, First Civil Chamber, dated 4 December 2019 in appeal X 18-20.263

    French Court of Cassation, First Civil Chamber

    Case no.
    X 18-20.263
    Citation
    Decision No. 10679 F
    Decision summary
    The Court rejected the appeal by The International Banking Corporation BSC and Cabinet Trowers and Hamlins LLP against the Paris Court of Appeal's jurisdictional decision. It ordered them to pay the costs and jointly EUR 3,000 to Banque BIA under Article 700 of the French Code of Civil Procedure.

    Participants

    The International Banking Corporation BSC
    Representative
    SCP Piwnica et Molinié (For: The International Banking Corporation BSC · Cabinet Trowers and Hamlins LLP)
    Cabinet Trowers and Hamlins LLP
    Representative
    SCP Piwnica et Molinié (For: The International Banking Corporation BSC · Cabinet Trowers and Hamlins LLP)
    Banque BIA
    Representative
    SCP Nicolaÿ, de Lanouvelle et Hannotin (For: Banque BIA)
    Cross Continental Trading Limited
    French Court of Cassation, First Civil Chamber
    Judge
    Ms Batut
    Judge
    Mr Hascher
    Judge
    Ms Auroy
    Other
    Institutional administrator
    Ms Berthomier

    Authorities cited

    2
    • French Code of Civil Procedure
      statute
    • French Civil Code
      statute

Matter record

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Banque BIA v Cross Continental Trading Limited and others (French Court of Cassation, appeals U 18-18.374 and X 18-20.263) · Matter