Matter
Banque Centrale d'Irak v Cardno ME Limited (Paris Court of Appeal, RG 23/05511, 21 January 2025)
- 18 January 2023Arbitration
18 January 2023Arbitration
Procedural Order No. 4 dated 18 January 2023
International Chamber of Commerce
- Decision summary
- The tribunal rejected the Banque centrale d'Irak's request to reopen the proceedings and stated that no further submissions would be accepted.
Supporting details
3 participants1 month and 8 days later · 39 days
- 26 February 2023Arbitration
26 February 2023Arbitration
Arbitral Award No. 26290/AYZ/ELU dated 26 February 2023
International Chamber of Commerce
- Decision summary
- The tribunal held that it had jurisdiction and that Cardno ME Limited's claims were admissible. It found that the Banque centrale d'Irak breached the consultancy contract, awarded Cardno ME Limited USD 5,847,530 for unpaid invoices, USD 4,342,924.15 in damages, interest, USD 14,506 in Dubai proceedings costs, and specified arbitration and other costs, ordered release of the bank guarantee, and rejected the remaining claims.
Supporting details
1 authority · 3 participants8 months and 14 days later · 256 days
- 9 November 2023France
9 November 2023France
Order of the Case Management Judge of the Paris Court of Appeal dated 9 November 2023
Paris Court of Appeal, Case Management Judge
- Decision summary
- The case-management judge granted exequatur to Arbitral Award No. 26290/AYZ/ELU, rejected the request to stay execution, declined to modify execution, and ordered the Banque centrale d'Irak to pay EUR 8,000 to Cardno ME Limited under article 700 of the French Code of Civil Procedure and to bear the incident costs.
Supporting details
1 authority · 2 participantsBanque centrale d'Irak
Cardno ME Limited
Paris Court of Appeal, Case Management Judge
1 year, 2 months and 12 days later · 439 days
- 21 January 2025France
21 January 2025France
Judgment of the Paris Court of Appeal, International Commercial Chamber, in case RG 23/05511 dated 21 January 2025
Paris Court of Appeal, International Commercial Chamber, Pole 5, Chamber 16
- Citation
- Paris Court of Appeal, International Commercial Chamber, Pole 5, Chamber 16, judgment no. 2/2025, RG 23/05511
- Decision summary
- The Paris Court of Appeal rejected the Banque centrale d'Irak's application to set aside ICC Arbitral Award No. 26290/AYZ/ELU dated 26 February 2023. It held that the public-policy grounds were partly inadmissible, that the mission-based ground was admissible but unfounded, and that the award did not violate impartiality, contradiction, or equality-of-arms requirements. The court ordered the Banque centrale d'Irak to pay costs and EUR 200,000 to Cardno ME Limited under article 700 of the French Code of Civil Procedure.
Supporting details
3 authorities · 17 participantsBanque centrale d'Irak
- Representative
- Benjamin Moisan (For: Banque centrale d'Irak)
- Representative
- SELARL Baechlin Moisan Associés (For: Banque centrale d'Irak)
- Representative
- Jean-Yves Garaud (For: Banque centrale d'Irak)
- Representative
- Laurie Achtouk-Spivak (For: Banque centrale d'Irak)
- Representative
- Andrew Bernstein (For: Banque centrale d'Irak)
- Representative
- Cleary Gottlieb Steen & Hamilton LLP (For: Banque centrale d'Irak)
Cardno ME Limited
- Representative
- Matthieu Boccon Gibod (For: Cardno ME Limited)
- Representative
- SELARL LX Paris-Versailles-Reims (For: Cardno ME Limited)
- Representative
- Michael OSTROVE (For: Cardno ME Limited)
- Representative
- Serena Salem (For: Cardno ME Limited)
- Representative
- Mamadou Gacko (For: Cardno ME Limited)
Paris Court of Appeal, International Commercial Chamber, Pole 5, Chamber 16
- Judge
- Daniel Barlow
- Judge
- Fabienne Schaller
- Judge
- Jacques Le Vaillant
Other
- Court Reporter
- Najma El Farissi
- Date not availableArbitration
Date not availableArbitration
Procedural Order No. 1
International Chamber of Commerce
- Decision summary
- The tribunal rejected Cardno ME Limited's request for interim relief.
Supporting details
3 participants - Date not availableArbitration
Date not availableArbitration
Procedural Order No. 2
International Chamber of Commerce
- Decision summary
- The tribunal rejected Cardno ME Limited's request for interim relief.
Supporting details
3 participants