Arbitral Digest

Matter

Republic of Equatorial Guinea v Orange Middle East and Africa (Paris Court of Appeal 14/17200)

Applicable rules
ICC Arbitration Rules
  1. 8 July 2014Arbitration

    8 July 2014Arbitration

    Arbitral Award dated 8 July 2014

    International Chamber of Commerce

    Decision summary
    The tribunal declared itself competent, upheld the 2011 Protocol, found that the Republic of Equatorial Guinea breached its obligation to acquire and pay for France Cables et Radio's shares in GETESA, and ordered payment of EUR 131,992,915 plus interest, execution and registration of the share transfer, and specified defence and arbitration costs.

    Supporting details

    6 participants
    Republic of Equatorial Guinea
    Orange Middle East and Africa, formerly France Cables et Radio (FCR)
    International Chamber of Commerce
    Arbitrator
    [Q]
    Arbitrator
    [P]
    Arbitrator
    [X] [Y]
    Institutional administrator
    International Chamber of Commerce

    6 months and 28 days later · 212 days

  2. 5 February 2015France

    5 February 2015France

    Order of the Paris Court of Appeal granting exequatur dated 5 February 2015

    Paris Court of Appeal

    Decision summary
    The Paris Court of Appeal case-management judge granted exequatur to the 8 July 2014 arbitral award in favour of Orange Middle East and Africa.

    Supporting details

    2 participants
    Republic of Equatorial Guinea
    Orange Middle East and Africa, formerly France Cables et Radio (FCR)
    Paris Court of Appeal

    7 months and 17 days later · 229 days

  3. 22 September 2015France

    22 September 2015France

    Judgment of the Paris Court of Appeal, Division 1 - Chamber 1, in case 14/17200 dated 22 September 2015

    Paris Court of Appeal, Division 1 - Chamber 1

    Case no.
    14/17200
    Decision summary
    The Paris Court of Appeal partially annulled the 8 July 2014 arbitral award only as to the award of default interest on EUR 131,992,915, rejected the remainder of Equatorial Guinea's set-aside challenge, granted exequatur to the uncancelled provisions, rejected damages for an abusive challenge, and ordered Equatorial Guinea to pay costs and EUR 10,000 to Orange Middle East and Africa under article 700 of the French Code of Civil Procedure.

    Supporting details

    6 authorities · 11 participants
    Republic of Equatorial Guinea
    Representative
    Jean-Loup Peytavi (For: Republic of Equatorial Guinea)
    Representative
    Jean-Charles Tchikaya (For: Republic of Equatorial Guinea)
    Orange Middle East and Africa, formerly France Cables et Radio (FCR)
    Representative
    Audrey Lazimi (For: Orange Middle East and Africa, formerly France Cables et Radio (FCR))
    Representative
    Ghjuvana Luigi (For: Orange Middle East and Africa, formerly France Cables et Radio (FCR))
    Representative
    Benoît Le Bars (For: Orange Middle East and Africa, formerly France Cables et Radio (FCR))
    Paris Court of Appeal, Division 1 - Chamber 1
    Judge
    Guihal
    Judge
    Dallery
    Other
    Institutional administrator
    Pate

    Authorities cited

    6
    • French Code of Civil Procedure
      statute
    • ICC Arbitration Rules
      rules
    • Spanish Civil Code
      statute
    • OHADA Law
      statute
    • CEMAC Law
      statute
    • ICC Euskaltel case
      case law

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Republic of Equatorial Guinea v Orange Middle East and Africa (Paris Court of Appeal 14/17200) · Matter