Arbitral Digest

Matter

Company [Y] [X] [M] and Sons v Libyan Investment Authority (French Court of Cassation, Appeal S 19-21.964)

  1. 3 November 2021France

    3 November 2021France

    Decision of the French Court of Cassation, First Civil Chamber in appeal S 19-21.964 dated 3 November 2021

    French Court of Cassation, First Civil Chamber

    Case no.
    S 19-21.964
    Citation
    Arrêt No. 653 FS-D
    Decision summary
    The Court of Cassation stayed the appeal until the Court of Justice of the European Union decides whether seizure-attribution measures may be taken against assets subject to the Libyan asset freeze without prior authorization; it reserved the costs.

    Supporting details

    9 authorities · 19 participants
    Company [Y] [X] [M] and Sons
    Representative
    SCP Alain Bénabent (For: Company [Y] [X] [M] and Sons)
    Libyan Investment Authority
    Representative
    SCP Delvolvé et Trichet (For: Libyan Investment Authority)
    French Court of Cassation, First Civil Chamber
    Judge
    Ms Dard
    Judge
    Ms Azar
    Advocate General
    Ms Caron-Déglise
    Other
    Institutional administrator
    Ms Berthomier

    Authorities cited

    9
    • United Nations Security Council Resolution 1970 (2011)
      international instrument
    • United Nations Security Council Resolution 1973 (2011)
      international instrument
    • French Code of Civil Procedure
      statute
    • French Code of Civil Enforcement Procedures
      statute
    • Council Regulation (EU) No. 2016/44 of 18 January 2016
      statute
    • Council Regulation (EU) No. 204/2011 of 2 March 2011
      statute
    • Regulation No. 965/2011 of 28 September 2011
      statute
    • French Court of Cassation, Full Court, 10 July 2020, Appeals Nos. 18-18.542 and 18-21.814
      case-law
    • French Judicial Organisation Code
      statute
  2. Date not availableArbitration

    Date not availableArbitration

    Arbitral Award rendered in Cairo against the State of Libya

    Supporting details

    2 participants
    Company [Y] [X] [M] and Sons
    State of Libya

Matter record

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Company [Y] [X] [M] and Sons v Libyan Investment Authority (French Court of Cassation, Appeal S 19-21.964) · Matter