Arbitral Digest

Matter

Groupe Lea Nature v [A] [G] [L], [J] [W], [O] [E], [H] [V], [D] [B], and [M] [B] (French Court of Cassation Z 22-11.403)

  1. 11 February 2019Arbitration

    11 February 2019Arbitration

    Arbitral Award dated 11 February 2019

    Decision summary
    The arbitral tribunal, acting as amiable compositeur, ordered Groupe Lea Nature to pay the sellers a sum as an additional purchase price under the share-sale agreement for Alpha nutrition.

    Supporting details

    7 participants
    Groupe Lea Nature
    [A] [G] [L]
    [J] [W]
    [O] [E]
    [H] [V]
    [D] [B]
    [M] [B]

    2 years, 7 months and 17 days later · 960 days

  2. 28 September 2021France

    28 September 2021France

    Judgment of the Paris Court of Appeal dated 28 September 2021

    Paris Court of Appeal, Division 5, Chamber 16

    Decision summary
    The Paris Court of Appeal rejected Groupe Lea Nature's action to annul the 11 February 2019 arbitral award, holding that the tribunal had considered equity within its amiable-compositeur mandate without altering the economic balance of the share-sale agreement.

    Supporting details

    7 participants
    Groupe Lea Nature
    [A] [G] [L]
    [J] [W]
    [O] [E]
    [H] [V]
    [D] [B]
    [M] [B]
    Paris Court of Appeal, Division 5, Chamber 16

    1 year, 7 months and 19 days later · 596 days

  3. 17 May 2023France

    17 May 2023France

    Judgment of the French Court of Cassation, First Civil Chamber in case Z 22-11.403 dated 17 May 2023

    French Court of Cassation, First Civil Chamber

    Case no.
    Z 22-11.403
    Citation
    Arrêt no. 327 F-D
    Decision summary
    The Court of Cassation rejected Groupe Lea Nature's appeal against the dismissal of its action to annul the 11 February 2019 arbitral award. It held that the arbitral tribunal had acted within its amiable-compositeur mandate when it awarded an intermediate additional purchase price by reference to the parties' contractual arrangement and equity.

    Supporting details

    1 authority · 13 participants
    Groupe Lea Nature
    Representative
    SCP Fabiani, Luc-Thaler and Pinatel (For: Groupe Lea Nature)
    [A] [G] [L]
    [J] [W]
    [O] [E]
    [H] [V]
    [D] [B]
    [M] [B]
    French Court of Cassation, First Civil Chamber
    Judge
    Guihal
    Judge
    Ancel
    Judge
    Hascher
    Other
    Representative
    SCP Celice, Texidor, Perier (For: [A] [G] [L], [J] [W], [O] [E], [H] [V], [D] [B], and [M] [B])
    Institutional administrator
    Vignes

    Authorities cited

    1
    • French Code of Civil Procedure
      statute

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Groupe Lea Nature v [A] [G] [L], [J] [W], [O] [E], [H] [V], [D] [B], and [M] [B] (French Court of Cassation Z 22-11.403) · Matter