Matter
M. [H] [P] v M. [J] [D] and Citigroup Global Market Inc
A US arbitration award granting damages to Mr [H] [P] against Citigroup and Mr [J] [D], with French court proceedings concerning its enforcement.
Procedural record
- 13 April 2023France
13 April 2023France
Judgment of the French Court of Cassation, First Civil Chamber in the case Q 21-50.053 dated 13 April 2023
French Court of Cassation, First Civil Chamber
- Citation
- Arrêt n° 267 F-B
- Decision summary
- The Court of Cassation quashed the Paris Court of Appeal's judgment of 12 July 2021, holding that an appeal against an exequatur order for a foreign arbitral award does not prevent the court from examining objections to the admissibility of the exequatur application. It remanded the case and parties to the Versailles Court of Appeal, ordered M. [P] to pay costs, rejected his Article 700 claim, and ordered him to pay EUR 3,000 jointly to Citigroup Global Markets and M. [D].
Participants
M. [J] [D]
- Representative
- SCP Foussard et Froger (For: M. [J] [D])
Citigroup Global Market Inc
- Representative
- SCP Foussard et Froger (For: Citigroup Global Market Inc)
M. [H] [P]
- Representative
- SARL Ortscheidt (For: M. [H] [P])
French Court of Cassation, First Civil Chamber
- Advocate General
- Mme Cazaux-Charles
- Judge
- Mme Guihal
- Judge
- M. Hascher
- Judge
- M. Bruyère
Other
- Institutional administrator
- Mme Vignes
- Date not availableArbitration
Date not availableArbitration
Arbitral Award issued in the United States
- Decision summary
- The arbitral award condemned Citigroup Global Markets (CGM) and M. [D] to pay damages to M. [P].
Participants
M. [H] [P]
M. [J] [D]
Citigroup Global Market Inc