Arbitral Digest

Matter

Eburnea v Africa Edge (French Court of Cassation, First Civil Chamber, 28 October 2015)

  1. 29 January 2014France

    29 January 2014France

    Judgment of the Paris Court of Appeal in the case Eburnea v Africa Edge dated 29 January 2014

    Paris Court of Appeal

    Decision summary
    The Paris Court of Appeal ordered Eburnea to pay Africa Edge 7,102,789.39 euros plus contractual interest on the assigned debt and dismissed Eburnea's counterclaim concerning the disposal of pledged cacao lots.

    Supporting details

    2 participants
    Eburnea
    Africa Edge
    Paris Court of Appeal

    1 year, 8 months and 29 days later · 637 days

  2. 28 October 2015France

    28 October 2015France

    Decision of the French Court of Cassation, First Civil Chamber in the case Eburnea v Africa Edge dated 28 October 2015

    French Court of Cassation, First Civil Chamber

    Decision summary
    The Court of Cassation quashed the Paris Court of Appeal judgment of 29 January 2014 in the debt dispute between Eburnea and Africa Edge because the appeal court had not determined whether the bank had disposed of the cacao lots before the contractual deadline and had not identified the evidence fixing their loading date. It remitted the case to the Versailles Court of Appeal, ordered Africa Edge to pay the costs, and rejected its claim under article 700 of the Code of Civil Procedure.

    Supporting details

    3 authorities · 3 participants
    Eburnea
    Representative
    SCP Rocheteau et Uzan-Sarano (For: Eburnea)
    Africa Edge
    French Court of Cassation, First Civil Chamber

    Authorities cited

    3
    • French Civil Code
      statute
    • French Code of Civil Procedure
      statute
    • French Order of 23 June 1999
      regulation

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Eburnea v Africa Edge (French Court of Cassation, First Civil Chamber, 28 October 2015) · Matter