Matter
Benvenutti et Bonfant v People's Republic of the Congo
Benvenutti et Bonfant v People's Republic of the Congo arbitration concerning award, with related court proceedings.
Procedural record
- 8 August 1980Arbitration
8 August 1980Arbitration
ICSID Arbitral Award of 8 August 1980
International Centre for Settlement of Investment Disputes
- Decision summary
- The award ordered the People's Republic of the Congo to pay Benvenutti et Bonfant 6,463,583 French francs in principal.
Participants
Benvenutti et Bonfant
People's Republic of the Congo
International Centre for Settlement of Investment Disputes
4 years, 7 months and 4 days later · 1677 days
- 12 March 1985France
12 March 1985France
Judgment of the Paris Court of Appeal dated 12 March 1985
Paris Court of Appeal
- Decision summary
- The Paris Court of Appeal declared void the attachment made against Banque commerciale congolaise in an effort to obtain payment of the Congo's debt to Benvenutti et Bonfant.
Participants
Benvenutti et Bonfant
People's Republic of the Congo
Banque commerciale congolaise
Crédit lyonnais
Paris Court of Appeal
2 years, 4 months and 9 days later · 861 days
- 21 July 1987France
21 July 1987France
Judgment of the French Court of Cassation in Benvenutti et Bonfant v People's Republic of the Congo
French Court of Cassation
- Decision summary
- The Court of Cassation rejected Benvenutti et Bonfant's appeal and upheld the conclusion that Banque commerciale congolaise was a distinct commercial company, not an emanation of the Congolese state; the creditor therefore could not treat the bank as liable for the Congo's debt or attach its account on that basis.
Participants
Benvenutti et Bonfant
People's Republic of the Congo
Banque commerciale congolaise
Crédit lyonnais
French Court of Cassation