Arbitral Digest

Matter

Gorsoan Limited v Pralong, Crystal and Société des hôtels d'altitude (French Court of Cassation, First Civil Chamber, No. 908 FS-P+B, case N 17-20.296, 3 October 2018)

  1. 24 April 1998Cyprus

    24 April 1998Cyprus

    Mareva injunction of the Limassol District Court dated 24 April 1998

    Limassol District Court

    Decision summary
    The Limassol District Court ordered a Mareva freeze of the assets of Crystal, Pralong and Société des hôtels d'altitude to secure Gorsoan Limited's indemnity claim of EUR 16,947,384.

    Supporting details

    4 participants
    Gorsoan Limited
    Crystal
    Pralong
    Société des hôtels d'altitude
    Limassol District Court

    14 years, 3 months and 21 days later · 5226 days

  2. 14 August 2012Cyprus

    14 August 2012Cyprus

    Mareva injunction of the Limassol District Court dated 14 August 2012

    Limassol District Court

    Decision summary
    The Limassol District Court prohibited the transfer, disposal or diminution of the defendants' assets up to USD 26,344,765, or EUR 16,947,384, to secure Gorsoan Limited's claim.

    Supporting details

    4 participants
    Gorsoan Limited
    Crystal
    Pralong
    Société des hôtels d'altitude
    Limassol District Court

    6 months and 20 days later · 204 days

  3. 6 March 2013Cyprus

    6 March 2013Cyprus

    Asset-disclosure order of the Limassol District Court dated 6 March 2013

    Limassol District Court

    Decision summary
    The Limassol District Court ordered Crystal, Pralong and Société des hôtels d'altitude to disclose their assets valued above EUR 10,000 in connection with Gorsoan Limited's claim.

    Supporting details

    4 participants
    Gorsoan Limited
    Crystal
    Pralong
    Société des hôtels d'altitude
    Limassol District Court

    2 years, 9 months and 12 days later · 1017 days

  4. 18 December 2015France

    18 December 2015France

    Order of the French Enforcement Judge dated 18 December 2015

    French Enforcement Judge

    Decision summary
    The French Enforcement Judge authorised Gorsoan Limited to take conservatory measures against Crystal, Pralong and Société des hôtels d'altitude to secure the same indemnity claim.

    Supporting details

    4 participants
    Gorsoan Limited
    Crystal
    Pralong
    Société des hôtels d'altitude
    French Enforcement Judge

    1 year, 4 months and 9 days later · 496 days

  5. 27 April 2017France

    27 April 2017France

    Judgment of the Paris Court of Appeal dated 27 April 2017

    Paris Court of Appeal

    Decision summary
    The Paris Court of Appeal rejected the French companies' applications to retract the 18 December 2015 order and lift the conservatory measures securing Gorsoan Limited's claim.

    Supporting details

    4 participants
    Gorsoan Limited
    Crystal
    Pralong
    Société des hôtels d'altitude
    Paris Court of Appeal

    1 year, 5 months and 6 days later · 524 days

  6. 3 October 2018France

    3 October 2018France

    Judgment of the French Court of Cassation, First Civil Chamber, No. 908 FS-P+B, case N 17-20.296 dated 3 October 2018

    French Court of Cassation, First Civil Chamber

    Case no.
    N 17-20.296
    Citation
    No. 908 FS-P+B
    Decision summary
    The French Court of Cassation rejected the French companies' appeal and upheld the conservatory measures, holding that the French measures had a distinct object from the Cypriot Mareva injunction and did not conflict with it. It also ordered the companies to pay Gorsoan Limited EUR 3,000 under article 700 of the French Code of Civil Procedure.

    Supporting details

    4 authorities · 9 participants
    Gorsoan Limited
    Representative
    SCP Ortscheidt (For: Gorsoan Limited)
    Pralong
    Representative
    SCP Spinosi et Sureau (For: Pralong · Crystal · Société des hôtels d'altitude)
    Crystal
    Representative
    SCP Spinosi et Sureau (For: Pralong · Crystal · Société des hôtels d'altitude)
    Société des hôtels d'altitude
    Representative
    SCP Spinosi et Sureau (For: Pralong · Crystal · Société des hôtels d'altitude)
    French Court of Cassation, First Civil Chamber
    Advocate General
    Mme Marilly

    Authorities cited

    4
    • Regulation (EU) No. 1215/2012 of the European Parliament and of the Council dated 12 December 2012
      regulation
    • Regulation (EC) No. 44/2001 dated 22 December 2000
      regulation
    • French Code of Civil Procedure
      code
    • French Civil Code
      code

Matter record

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Gorsoan Limited v Pralong, Crystal and Société des hôtels d'altitude (French Court of Cassation, First Civil Chamber, No. 908 FS-P+B, case N 17-20.296, 3 October 2018) · Matter