Matter
Commisimpex v Republic of Congo (French Court of Cassation, Y 14-29.264)
- 21 January 2013Arbitration
21 January 2013Arbitration
ICC Arbitral Award dated 21 January 2013
International Court of Arbitration of the International Chamber of Commerce
- Decision summary
- The arbitral tribunal ordered the Republic of the Congo to perform its obligations under the 23 August 2003 protocol concerning its debt to Commisimpex, awarding approximately EUR 754 million in principal, costs and interest as calculated on 15 October 2016.
Supporting details
3 participantsCommissions Import Export (Commisimpex)
Republic of the Congo
International Court of Arbitration of the International Chamber of Commerce
- Institutional administrator
- International Court of Arbitration of the International Chamber of Commerce
3 years, 4 months and 4 days later · 1220 days
- 25 May 2016France
25 May 2016France
Judgment of the French Court of Cassation in case Y 14-29.264 dated 25 May 2016
French Court of Cassation, First Civil Chamber
- Citation
- Arrêt no 551 F-D
- Decision summary
- The French Court of Cassation dismissed the Republic of the Congo's appeal against the Paris Court of Appeal judgment rejecting its application to annul the 21 January 2013 ICC award. It held that the award's treatment of the 2003 debt protocol and Commisimpex's liquidation did not establish a violation of international public policy, arbitral jurisdiction, or the adversarial principle, and ordered the Congo to pay EUR 5,000 in costs.
Supporting details
1 authority · 8 participantsRepublic of the Congo
- Representative
- SCP Rousseau et Tapie (For: Republic of the Congo)
Commissions Import Export (Commisimpex)
- Representative
- SCP Ortscheidt (For: Commissions Import Export (Commisimpex))
French Court of Cassation, First Civil Chamber
- Judge
- Batut
- Judge
- Hascher
- Judge
- Bignon
- Judge
- Pecquenard