Arbitral Digest

Matter

Consorts [F] v purchasers of Sogafric group securities (Paris Court of Appeal RG 19/12539)

  1. 27 November 2014Arbitration

    27 November 2014Arbitration

    Arbitral Award dated 27 November 2014

    Decision summary
    The arbitral tribunal rejected the F consorts' claims alleging fraud and breach of Article 2 of the share-sale protocol.

    Supporting details

    3 participants
    Consorts [F]
    Purchasers of Sogafric group securities
    [E] [R]

    3 months and 7 days later · 99 days

  2. 6 March 2015Arbitration

    6 March 2015Arbitration

    Arbitral Award dated 6 March 2015

    Decision summary
    The arbitral tribunal rejected the F consorts' claims alleging fraud and breach of Article 2 of the share-sale protocol.

    Supporting details

    3 participants
    Consorts [F]
    Purchasers of Sogafric group securities
    [E] [R]

    4 years, 8 months and 1 day later · 1707 days

  3. 7 November 2019France

    7 November 2019France

    Judgment of the Paris Court of Appeal in case RG 19/12539 dated 7 November 2019

    Paris Court of Appeal, Pole 5 - Chamber 9

    Case no.
    RG 19/12539
    Decision summary
    The Paris Court of Appeal confirmed the 3 June 2019 case-management order declaring the Paris Regional Court incompetent and referring the parties to arbitration. It held that the arbitration clause in the 6 July 2005 share-sale protocol could be extended to Mr [R], who had signed as escrow agent, participated in the contract's formation and valuation, and invoked the clause. The court rejected Mr [F]'s estoppel argument, dismissed the parties' claims for Article 700 costs, and ordered Mr [F] to pay the costs.

    Supporting details

    3 authorities · 13 participants
    [I] [F], successor to [K] [F]
    Representative
    Frédéric Ingold (For: [I] [F], successor to [K] [F])
    Representative
    SELARL Ingold & Thomas (For: [I] [F], successor to [K] [F])
    Representative
    Marie Christine Drai (For: [I] [F], successor to [K] [F])
    [E] [R]
    Representative
    Matthieu Boccon Gibod (For: [E] [R])
    Representative
    SELARL Lexavoue Paris-Versailles (For: [E] [R])
    Representative
    Maxime de Guillenchmidt (For: [E] [R])
    Paris Court of Appeal, Pole 5 - Chamber 9
    Other
    Institutional administrator
    Hanane Akarkach
    Expert
    [X] [N]

    Authorities cited

    3
    • French Civil Code, former Article 2061
      statute
    • French Code of Civil Procedure, Articles 699, 700, 907, 1448 and 1506
      statute
    • European Convention on Human Rights, Article 6(1)
      treaty

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Consorts [F] v purchasers of Sogafric group securities (Paris Court of Appeal RG 19/12539) · Matter