Matter
Georges X... v Africa Edge (French Court of Cassation, appeal X 16-23.199, 20 June 2018)
- 20 June 2018France
20 June 2018France
Judgment of the French Court of Cassation in the case X 16-23.199 dated 20 June 2018
French Court of Cassation, Commercial, Financial and Economic Chamber
- Decision summary
- The Court of Cassation quashed in its entirety the Paris Court of Appeal judgment of 30 June 2016 that had ordered Georges X... to pay Africa Edge €457,347.05 plus interest as guarantor of Eburnea's obligations. It held that the guaranteed debt could ultimately be less than the cap on the guarantee, which Georges X... could invoke, and remanded the case to the Paris Court of Appeal differently composed; Africa Edge was ordered to pay the costs and €3,000 under article 700 of the French Code of Civil Procedure.
Supporting details
3 authorities · 7 participantsGeorges X...
- Representative
- SCP Rocheteau et Uzan-Sarano (For: Georges X...)
Africa Edge
French Court of Cassation, Commercial, Financial and Economic Chamber
Other
- Institutional administrator
- Labat