Matter
BNP Paribas Cardif v Prévoir Vie Groupe Prévoir partnership dispute
- 27 January 2010Arbitration
27 January 2010Arbitration
Paris arbitral award of 27 January 2010 between BNP Paribas Cardif and Prévoir Vietnam
- Decision summary
- The tribunal held Prévoir Vietnam responsible for the termination of the contractual relationship, but did not award BNP Paribas Cardif substantial damages because the claimed loss was insufficiently proved.
Supporting details
2 participantsSA BNP PARIBAS CARDIF
PREVOIR VIETNAM LIFE INSURANCE COMPANY LIMITED
2 years, 5 months and 1 day later · 883 days
- 28 June 2012France
28 June 2012France
Judgment of the Paris Commercial Court dated 28 June 2012
Paris Commercial Court
- Decision summary
- The court found BNP Paribas Cardif's anticipated-profit claim against Prévoir Vie Groupe Prévoir inadmissible, declined jurisdiction over Darnell Limited's reinsurance-treaty claim in favor of arbitration, retained jurisdiction over BNP Paribas Cardif's other partnership-loss claims, rejected BNP Paribas Cardif's damages claim for lack of fault by Prévoir, rejected Prévoir's abuse-of-process claim, and made no order for recoverable costs.
1 year, 1 month and 5 days later · 400 days
- 2 August 2013Arbitration
2 August 2013Arbitration
Irish arbitral award of 2 August 2013 between Darnell Limited and Prévoir Vietnam
- Decision summary
- The tribunal awarded Darnell Limited €67,000 for loss caused by termination of the reinsurance treaty and declined jurisdiction over claims concerning the partnership as a whole.
Supporting details
2 participantsDARNELL LIMITED
PREVOIR VIETNAM LIFE INSURANCE COMPANY LIMITED
6 months and 4 days later · 188 days
- 6 February 2014France
6 February 2014France
Decision of the Paris Court of Appeal, Division 5 - Chamber 9 in the case RG 12/14466 dated 6 February 2014
Paris Court of Appeal, Division 5 - Chamber 9
- Decision summary
- The court held that the state courts lacked jurisdiction over Darnell Limited's treaty claim and BNP Paribas Cardif's treaty-related and shareholder-agreement profit claims, referring those claims to arbitration. It upheld BNP Paribas Cardif's standing to pursue claims against Prévoir Vie Groupe Prévoir for partnership-related losses, but rejected damages for lack of a proven tortious fault, rejected Prévoir's abuse-of-process claim, left each party's unrecoverable costs in place, ordered BNP Paribas Cardif to pay the costs, and imposed a €3,000 civil fine.
Supporting details
3 authorities · 13 participantsSA BNP PARIBAS CARDIF
- Representative
- Bruno QUINT (For: SA BNP PARIBAS CARDIF · DARNELL LIMITED)
- Representative
- SCP GRANRUT Société d'Avocats (For: SA BNP PARIBAS CARDIF · DARNELL LIMITED)
DARNELL LIMITED
- Representative
- Bruno QUINT (For: SA BNP PARIBAS CARDIF · DARNELL LIMITED)
- Representative
- SCP GRANRUT Société d'Avocats (For: SA BNP PARIBAS CARDIF · DARNELL LIMITED)
SA PREVOIR VIE GROUPE PREVOIR
- Representative
- Philippe GALLAND (For: SA PREVOIR VIE GROUPE PREVOIR)
- Representative
- SCP GALLAND - VIGNES (For: SA PREVOIR VIE GROUPE PREVOIR)
- Representative
- Thierry COTTY (For: SA PREVOIR VIE GROUPE PREVOIR)
- Representative
- SELAS Cotty Vivant Marchisio & Lauzeral (For: SA PREVOIR VIE GROUPE PREVOIR)
Paris Court of Appeal, Division 5 - Chamber 9
- Judge
- François FRANCHI
- Judge
- Gérard PICQUE
- Judge
- Michèle PICARD
Other
- Institutional administrator
- Violaine PERRET