Arbitral Digest

Matter

Dresser-Rand Group Inc and Dresser-Rand Holdings Spain, S.L.U v Diana Capital I, FCR and others (French Court of Cassation, P 17-20.573)

Applicable rules
ICC Arbitration Rules · IBA Rules on the Taking of Evidence in International Arbitration 2010
  1. 11 February 2015Arbitration

    11 February 2015Arbitration

    Arbitral award rendered in Paris on 11 February 2015

    International Chamber of Commerce

    Decision summary
    The tribunal rejected the Dresser-Rand companies' claim under the contractual warranty for the Eletrobras liability, finding that the purchaser had effective knowledge of the relevant breach.

    Supporting details

    14 participants
    Dresser-Rand Group Inc
    Dresser-Rand Holdings Spain, S.L.U
    Diana Capital I, FCR
    Fond-ICopyme, FCR de regimen simplificado
    E-Novating Venture, SL
    Opcion Fotovoltaica 24, SL
    Caixa Capital Fondos
    Centauro Capital, SLU
    Villamendi SL
    Sei Ta Lau, SL
    Sugar Magnolia 2003, SL
    Ibainarko, SL
    Aldaia BI, SL
    El Portillo 2005, SL
    International Chamber of Commerce

    4 years, 8 months and 26 days later · 1729 days

  2. 6 November 2019France

    6 November 2019France

    Judgment of the French Court of Cassation, First Civil Chamber, in case P 17-20.573 dated 6 November 2019

    French Court of Cassation, First Civil Chamber

    Case no.
    P 17-20.573
    Citation
    Judgment no. 917 F-D
    Decision summary
    The Court of Cassation dismissed Dresser-Rand Group Inc and Dresser-Rand Holdings Spain S.L.U's partial annulment appeal concerning the 11 February 2015 ICC award. It held that the tribunal had based its decision on the purchaser's effective knowledge of the Eletrobras liability and had neither exceeded its mission nor breached the adversarial principle or defence rights.

    Supporting details

    1 authority · 20 participants
    Dresser-Rand Group Inc
    Representative
    SCP Ortscheidt (For: Dresser-Rand Group Inc · Dresser-Rand Holdings Spain, S.L.U)
    Dresser-Rand Holdings Spain, S.L.U
    Representative
    SCP Ortscheidt (For: Dresser-Rand Group Inc · Dresser-Rand Holdings Spain, S.L.U)
    Diana Capital I, FCR
    Representative
    SCP Alain Bénabent (For: Diana Capital I, FCR · Fond-ICopyme, FCR de regimen simplificado · E-Novating Venture, SL · Opcion Fotovoltaica 24, SL · Caixa Capital Fondos · Centauro Capital, SLU · Villamendi SL · Sei Ta Lau, SL · Sugar Magnolia 2003, SL · Ibainarko, SL · Aldaia BI, SL · El Portillo 2005, SL)
    Fond-ICopyme, FCR de regimen simplificado
    Representative
    SCP Alain Bénabent (For: Diana Capital I, FCR · Fond-ICopyme, FCR de regimen simplificado · E-Novating Venture, SL · Opcion Fotovoltaica 24, SL · Caixa Capital Fondos · Centauro Capital, SLU · Villamendi SL · Sei Ta Lau, SL · Sugar Magnolia 2003, SL · Ibainarko, SL · Aldaia BI, SL · El Portillo 2005, SL)
    E-Novating Venture, SL
    Representative
    SCP Alain Bénabent (For: Diana Capital I, FCR · Fond-ICopyme, FCR de regimen simplificado · E-Novating Venture, SL · Opcion Fotovoltaica 24, SL · Caixa Capital Fondos · Centauro Capital, SLU · Villamendi SL · Sei Ta Lau, SL · Sugar Magnolia 2003, SL · Ibainarko, SL · Aldaia BI, SL · El Portillo 2005, SL)
    Opcion Fotovoltaica 24, SL
    Representative
    SCP Alain Bénabent (For: Diana Capital I, FCR · Fond-ICopyme, FCR de regimen simplificado · E-Novating Venture, SL · Opcion Fotovoltaica 24, SL · Caixa Capital Fondos · Centauro Capital, SLU · Villamendi SL · Sei Ta Lau, SL · Sugar Magnolia 2003, SL · Ibainarko, SL · Aldaia BI, SL · El Portillo 2005, SL)
    Caixa Capital Fondos
    Representative
    SCP Alain Bénabent (For: Diana Capital I, FCR · Fond-ICopyme, FCR de regimen simplificado · E-Novating Venture, SL · Opcion Fotovoltaica 24, SL · Caixa Capital Fondos · Centauro Capital, SLU · Villamendi SL · Sei Ta Lau, SL · Sugar Magnolia 2003, SL · Ibainarko, SL · Aldaia BI, SL · El Portillo 2005, SL)
    Centauro Capital, SLU
    Representative
    SCP Alain Bénabent (For: Diana Capital I, FCR · Fond-ICopyme, FCR de regimen simplificado · E-Novating Venture, SL · Opcion Fotovoltaica 24, SL · Caixa Capital Fondos · Centauro Capital, SLU · Villamendi SL · Sei Ta Lau, SL · Sugar Magnolia 2003, SL · Ibainarko, SL · Aldaia BI, SL · El Portillo 2005, SL)
    Villamendi SL
    Representative
    SCP Alain Bénabent (For: Diana Capital I, FCR · Fond-ICopyme, FCR de regimen simplificado · E-Novating Venture, SL · Opcion Fotovoltaica 24, SL · Caixa Capital Fondos · Centauro Capital, SLU · Villamendi SL · Sei Ta Lau, SL · Sugar Magnolia 2003, SL · Ibainarko, SL · Aldaia BI, SL · El Portillo 2005, SL)
    Sei Ta Lau, SL
    Representative
    SCP Alain Bénabent (For: Diana Capital I, FCR · Fond-ICopyme, FCR de regimen simplificado · E-Novating Venture, SL · Opcion Fotovoltaica 24, SL · Caixa Capital Fondos · Centauro Capital, SLU · Villamendi SL · Sei Ta Lau, SL · Sugar Magnolia 2003, SL · Ibainarko, SL · Aldaia BI, SL · El Portillo 2005, SL)
    Sugar Magnolia 2003, SL
    Representative
    SCP Alain Bénabent (For: Diana Capital I, FCR · Fond-ICopyme, FCR de regimen simplificado · E-Novating Venture, SL · Opcion Fotovoltaica 24, SL · Caixa Capital Fondos · Centauro Capital, SLU · Villamendi SL · Sei Ta Lau, SL · Sugar Magnolia 2003, SL · Ibainarko, SL · Aldaia BI, SL · El Portillo 2005, SL)
    Ibainarko, SL
    Representative
    SCP Alain Bénabent (For: Diana Capital I, FCR · Fond-ICopyme, FCR de regimen simplificado · E-Novating Venture, SL · Opcion Fotovoltaica 24, SL · Caixa Capital Fondos · Centauro Capital, SLU · Villamendi SL · Sei Ta Lau, SL · Sugar Magnolia 2003, SL · Ibainarko, SL · Aldaia BI, SL · El Portillo 2005, SL)
    Aldaia BI, SL
    Representative
    SCP Alain Bénabent (For: Diana Capital I, FCR · Fond-ICopyme, FCR de regimen simplificado · E-Novating Venture, SL · Opcion Fotovoltaica 24, SL · Caixa Capital Fondos · Centauro Capital, SLU · Villamendi SL · Sei Ta Lau, SL · Sugar Magnolia 2003, SL · Ibainarko, SL · Aldaia BI, SL · El Portillo 2005, SL)
    El Portillo 2005, SL
    Representative
    SCP Alain Bénabent (For: Diana Capital I, FCR · Fond-ICopyme, FCR de regimen simplificado · E-Novating Venture, SL · Opcion Fotovoltaica 24, SL · Caixa Capital Fondos · Centauro Capital, SLU · Villamendi SL · Sei Ta Lau, SL · Sugar Magnolia 2003, SL · Ibainarko, SL · Aldaia BI, SL · El Portillo 2005, SL)
    French Court of Cassation, First Civil Chamber
    Judge
    Batut
    Judge
    Auroy
    Other
    Court Reporter
    Berthomier

    Authorities cited

    1
    • French Code of Civil Procedure
      statute

Matter record

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Dresser-Rand Group Inc and Dresser-Rand Holdings Spain, S.L.U v Diana Capital I, FCR and others (French Court of Cassation, P 17-20.573) · Matter