Arbitral Digest

Matter

Commercial Bank Guinéa Ecuatorial v Republic of Equatorial Guinea (French Court of Cassation, U 24-10.394)

  1. 24 May 2009Arbitration

    24 May 2009Arbitration

    Arbitral Award of the Common Court of Justice and Arbitration of Abidjan dated 24 May 2009

    Common Court of Justice and Arbitration of Abidjan

    Decision summary
    The arbitral tribunal condemned the Republic of Equatorial Guinea to pay an amount to Commercial Bank Guinéa Ecuatorial.

    Supporting details

    3 participants
    Commercial Bank Guinéa Ecuatorial
    Republic of Equatorial Guinea
    Common Court of Justice and Arbitration of Abidjan

    1 month and 21 days later · 52 days

  2. 15 July 2009France

    15 July 2009France

    Order of the Judicial Court dated 15 July 2009

    Judicial Court

    Decision summary
    The court granted exequatur to the 24 May 2009 arbitral award against the Republic of Equatorial Guinea.

    Supporting details

    2 participants
    Commercial Bank Guinéa Ecuatorial
    Republic of Equatorial Guinea
    Judicial Court

    1 year, 4 months and 3 days later · 491 days

  3. 18 November 2010France

    18 November 2010France

    Court of Appeal judgment dated 18 November 2010

    Court of Appeal

    Decision summary
    The court confirmed the exequatur of the 24 May 2009 arbitral award against the Republic of Equatorial Guinea.

    Supporting details

    2 participants
    Commercial Bank Guinéa Ecuatorial
    Republic of Equatorial Guinea
    Court of Appeal

    12 years, 5 months and 3 days later · 4537 days

  4. 21 April 2023France

    21 April 2023France

    Order of the Enforcement Judge of the Judicial Court dated 21 April 2023

    Enforcement Judge of the Judicial Court

    Decision summary
    The enforcement judge rejected Commercial Bank Guinéa Ecuatorial's request for authorization to make a conservatory seizure of the sale proceeds of confiscated real property.

    Supporting details

    1 participant
    Commercial Bank Guinéa Ecuatorial
    Enforcement Judge of the Judicial Court

    6 months and 12 days later · 195 days

  5. 2 November 2023France

    2 November 2023France

    Judgment of the Paris Court of Appeal, Pôle 1, Chamber 10 dated 2 November 2023

    Paris Court of Appeal, Pôle 1, Chamber 10

    Decision summary
    The Paris Court of Appeal confirmed the rejection of Commercial Bank Guinéa Ecuatorial's request to seize the sale proceeds of confiscated real property.

    Supporting details

    1 participant
    Commercial Bank Guinéa Ecuatorial
    Paris Court of Appeal, Pôle 1, Chamber 10

    8 months and 9 days later · 252 days

  6. 11 July 2024France

    11 July 2024France

    Judgment of the French Court of Cassation, Second Civil Chamber in case U 24-10.394 dated 11 July 2024

    French Court of Cassation, Second Civil Chamber

    Case no.
    U 24-10.394
    Decision summary
    The Court of Cassation held that the constitutional questions concerning the statutory treatment of proceeds from the sale of confiscated property were neither new nor serious and declined to refer them to the Constitutional Council.

    Supporting details

    8 authorities · 17 participants
    Commercial Bank Guinéa Ecuatorial
    Representative
    SCP Le Bret-Desaché (For: Commercial Bank Guinéa Ecuatorial)
    Attorney General at the Paris Court of Appeal
    French Court of Cassation, Second Civil Chamber
    Judge
    Jollec
    Advocate General
    Adida-Canac
    Judge
    Bohnert
    Judge
    Cardini
    Judge
    Bonnet
    Judge
    Chevet
    Other
    Court Reporter
    Cathala

    Authorities cited

    8
    • French Constitution of 4 October 1958
      constitution
    • United Nations Convention against Corruption of 31 October 2003
      treaty
    • Declaration of the Rights of Man and of the Citizen
      declaration
    • French Law No. 2021-1031 of 4 August 2021
      statute
    • French Code of Criminal Procedure
      code
    • French Criminal Code
      code
    • French Code of Civil Procedure
      code
    • French Civil Code
      code

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Commercial Bank Guinéa Ecuatorial v Republic of Equatorial Guinea (French Court of Cassation, U 24-10.394) · Matter