Matter
Crédit Bancorp — Mr X... and Mr Y...
- 21 January 2000United States
21 January 2000United States
Order of the United States District Court for the Southern District of New York dated 21 January 2000
United States District Court for the Southern District of New York
- Decision summary
- The court appointed Mr Y... as receiver for Crédit Bancorp to recover misappropriated assets and pursue related claims, and ordered Mr X... to cooperate with him.
Supporting details
3 participantsMr Y...
Crédit Bancorp
United States District Court for the Southern District of New York
- Judge
- Robert Sweet
2 months and 15 days later · 75 days
- 5 April 2000United States
5 April 2000United States
Order of the United States District Court for the Southern District of New York dated 5 April 2000
United States District Court for the Southern District of New York
- Decision summary
- The court renewed the order requiring Mr X... to cooperate with the receiver and imposed an escalating coercive payment beginning at USD 100 per day for non-compliance.
Supporting details
3 participants3 months and 20 days later · 111 days
- 25 July 2000United States
25 July 2000United States
Order of the United States District Court for the Southern District of New York dated 25 July 2000
United States District Court for the Southern District of New York
- Decision summary
- The court liquidated the coercive payment for Mr X...'s failure to comply with its order at USD 13,107,200 plus interest.
Supporting details
3 participants6 years, 1 month and 4 days later · 2226 days
- 29 August 2006France
29 August 2006France
Judgment of the Chambéry Court of Appeal dated 29 August 2006
Chambéry Court of Appeal
- Decision summary
- The Chambéry Court of Appeal declared enforceable in France the 25 July 2000 order of the United States District Court for the Southern District of New York imposing the liquidated coercive payment on Mr X... .
Supporting details
2 participantsMr Y...
Mr X...
Chambéry Court of Appeal
2 years, 4 months and 30 days later · 883 days
- 28 January 2009France
28 January 2009France
Judgment No. 65 of the French Court of Cassation, First Civil Chamber dated 28 January 2009
French Court of Cassation, First Civil Chamber
- Citation
- No. 65 (Civ. I)
- Decision summary
- The Court of Cassation dismissed Mr X...'s appeal and upheld the exequatur in France of the 25 July 2000 New York order imposing a coercive payment. It held that the order was civil in nature and that the amount of the liquidated penalty was not contrary to the principle of proportionality.
Supporting details
5 authorities · 3 participants