Matter
BNP Paribas Cardif and Darnell Limited v Prévoir vie Groupe Prévoir
- 27 January 2010Arbitration
27 January 2010Arbitration
French arbitral award of 27 January 2010
- Decision summary
- The French tribunal excluded claims by BNP Paribas Cardif against Prévoir vie Groupe Prévoir from its jurisdiction and awarded reparation to BNP Paribas Cardif against Prévoir Vietnam for the contractual breach arising from the partnership, without awarding substantial damages because the proof of loss was insufficient.
Supporting details
2 participantsBNP Paribas Cardif
Prévoir Vietnam
2 years, 5 months and 1 day later · 883 days
- 28 June 2012France
28 June 2012France
Judgment of the Paris Commercial Court of 28 June 2012
Paris Commercial Court
- Decision summary
- The Paris Commercial Court held that it could hear BNP Paribas Cardif and Darnell Limited's claims against Prévoir vie Groupe Prévoir concerning losses from the partnership, except for lost-profit loss tied to the reinsurance agreement; it dismissed the damages claims for lack of proven fault and rejected Prévoir's abuse-of-process counterclaim.
Supporting details
3 participantsBNP Paribas Cardif
Darnell Limited
Prévoir vie Groupe Prévoir
Paris Commercial Court
1 year, 1 month and 5 days later · 400 days
- 2 August 2013Arbitration
2 August 2013Arbitration
Irish arbitral award of 2 August 2013
- Decision summary
- The Irish tribunal awarded Darnell Limited reparation for contractual loss caused by the abusive termination of the reinsurance treaty, declined jurisdiction over claims concerning termination of the wider partnership and alleged tortious liability of Prévoir vie Groupe Prévoir, and rejected the know-how and moral-prejudice claims described in the judgment.
Supporting details
2 participantsDarnell Limited
Prévoir Vietnam
6 months and 4 days later · 188 days
- 6 February 2014France
6 February 2014France
Judgment of the Paris Court of Appeal dated 6 February 2014
Paris Court of Appeal
- Decision summary
- The Paris Court of Appeal held that BNP Paribas Cardif's lost-profit claim against Prévoir vie Groupe Prévoir belonged before the arbitral tribunal under the shareholders' agreement, upheld dismissal of the other partnership-loss claims for lack of proven fault, rejected Prévoir's abuse-of-process claim, and imposed a EUR 3,000 civil fine on BNP Paribas Cardif.
Supporting details
3 participantsBNP Paribas Cardif
Darnell Limited
Prévoir vie Groupe Prévoir
Paris Court of Appeal
1 year, 10 months and 2 days later · 670 days
- 8 December 2015France
8 December 2015France
Judgment of the French Court of Cassation, Commercial, Financial and Economic Chamber, dated 8 December 2015 (appeal no. 14-16.800)
French Court of Cassation, Commercial, Financial and Economic Chamber
- Decision summary
- The French Court of Cassation rejected Prévoir vie Groupe Prévoir's incidental appeal and quashed the Paris Court of Appeal judgment in full. It held that the appeal court had mischaracterized BNP Paribas Cardif's contractual claims, improperly referred claims to arbitration under clauses to which Prévoir Groupe was not a party, and erred in its treatment of Darnell Limited's claim; the case was remanded to a differently composed Paris Court of Appeal. Prévoir vie Groupe Prévoir was ordered to pay costs and EUR 3,000 under Article 700.
Supporting details
2 authorities · 4 participantsBNP Paribas Cardif
- Representative
- SCP de Chaisemartin and Courjon (For: BNP Paribas Cardif · Darnell Limited)
Darnell Limited
- Representative
- SCP de Chaisemartin and Courjon (For: BNP Paribas Cardif · Darnell Limited)
Prévoir vie Groupe Prévoir
French Court of Cassation, Commercial, Financial and Economic Chamber