Arbitral Digest

Matter

M. [H] [P] v M. [J] [D] and Citigroup Global Market Inc

  1. 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

    Case no.
    Q 21-50.053
    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].

    Supporting details

    1 authority · 11 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
    Other
    Institutional administrator
    Mme Vignes

    Authorities cited

    1
    • French Code of Civil Procedure, Articles 30, 31, 562 and 1525
      statute
  2. 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].

    Supporting details

    3 participants
    M. [H] [P]
    M. [J] [D]
    Citigroup Global Market Inc

Matter record

Report a correction

M. [H] [P] v M. [J] [D] and Citigroup Global Market Inc · Matter