Arbitral Digest

Matter

CAT SA v Priosma Limited (Paris Court of Appeal 16/12944)

  1. 10 May 2016Arbitration

    10 May 2016Arbitration

    Ad hoc arbitral award rendered in Paris on 10 May 2016

    Decision summary
    The ad hoc tribunal, sitting as amiable compositeur, ordered Priosma to pay CAT SA EUR 556,958 for the retrocession of half of the commissions received.

    Supporting details

    5 participants
    CAT SA
    Priosma Limited
    Institution
    Arbitrator
    M. Mettetal
    Arbitrator
    M. X...
    Arbitrator
    M. Y...

    2 years and 19 days later · 749 days

  2. 29 May 2018France

    29 May 2018France

    Judgment of the Paris Court of Appeal in case 16/12944 dated 29 May 2018

    Paris Court of Appeal, Pôle 1, Chamber 1

    Case no.
    16/12944
    Decision summary
    The Paris Court of Appeal rejected Priosma Limited's application to set aside the 10 May 2016 ad hoc arbitral award, holding that Priosma had accepted the arbitration clause incorporated from the 2011 co-brokerage agreement. It ordered Priosma to pay CAT SA EUR 20,000 under article 700 of the French Code of Civil Procedure and the costs.

    Supporting details

    1 authority · 10 participants
    Priosma Limited
    Representative
    François Z... (For: Priosma Limited)
    Representative
    Karel A... (For: Priosma Limited)
    CAT SA
    Representative
    Christian B... (For: CAT SA)
    Representative
    Isabelle F... E... (For: CAT SA)
    Paris Court of Appeal, Pôle 1, Chamber 1
    Other
    Institutional administrator
    Mélanie Pate

    Authorities cited

    1
    • French Code of Civil Procedure
      statute

    1 year, 6 months and 5 days later · 554 days

  3. 4 December 2019France

    4 December 2019France

    Judgment of the Court of Cassation, First Civil Chamber, case P 18-23.176 dated 4 December 2019

    Court of Cassation, First Civil Chamber

    Case no.
    P 18-23.176
    Citation
    Arrêt No. 1029 F-D
    Decision summary
    The Court of Cassation rejected Priosma Limited's appeal against the judgment refusing to set aside the 10 May 2016 arbitral award. It upheld the finding that Priosma had accepted the arbitration clause in the 2011 agreement and ordered Priosma to pay CAT SA EUR 3,000 under article 700 of the French Code of Civil Procedure and the costs.

    Supporting details

    1 authority · 8 participants
    Priosma Limited
    Representative
    SCP Foussard et Froger (For: Priosma Limited)
    CAT SA
    Representative
    SCP Piwnica et Molinié (For: CAT SA)
    Court of Cassation, First Civil Chamber
    Judge
    Batut
    Judge
    Auroy
    Other
    Institutional administrator
    Berthomier

    Authorities cited

    1
    • French Code of Civil Procedure
      statute

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CAT SA v Priosma Limited (Paris Court of Appeal 16/12944) · Matter