Arbitral Digest

Matter

H2 Holding S.A.L. and others v [Q] [R] [E] (Paris Court of Appeal RG 25/00812)

H2 Holding and others v [Q] [R] [E] concerns ICC penalties, award exequatur and French review of enforcement and set-aside requests.

  • International commercial arbitration
  • Recognition and enforcement of arbitral awards
  • Setting aside arbitral awards
  • Cross-border insolvency
Case no.
25640/AYZ/ELU
Seat
Lebanon

Procedural record

  1. 21 November 2022Lebanon

    21 November 2022Lebanon

    ICC Arbitral Award rendered in Beirut on 21 November 2022

    ICC International Court of Arbitration

    Decision summary
    The tribunal held H2 Holding S.A.L., M. [M] [J] [F] [O], M. [J] [F] [O], M. [X] [J] [F] [O] and Resource Group Holding SAL jointly liable to M. [J] [G] [O], for his account and that of M. [G] [S] [O], for USD 5 million in contractual penalties, further penalties of 1% per month subject to liquidation and possible reduction, and USD 139,500 in arbitration costs.

    Participants

    H2 Holding S.A.L.
    M. [M] [J] [F] [O]
    M. [J] [F] [O]
    M. [X] [J] [F] [O]
    Resource Group Holding SAL
    M. [J] [G] [O]
    ICC International Court of Arbitration

    1 year, 3 months and 5 days later · 462 days

  2. 26 February 2024France

    26 February 2024France

    Exequatur Order of Paris Judicial Court in the case RG 24/00417 dated 26 February 2024

    Paris Judicial Court

    Case no.
    RG 24/00417
    Decision summary
    The President of the Paris Judicial Court granted exequatur to the ICC arbitral award rendered in Beirut on 21 November 2022.

    Participants

    H2 Holding S.A.L.
    M. [M] [J] [F] [O]
    M. [J] [F] [O]
    M. [X] [J] [F] [O]
    Resource Group Holding SAL
    M. [J] [G] [O]
    Paris Judicial Court

    1 year, 8 months and 18 days later · 626 days

  3. 13 November 2025France

    13 November 2025France

    Case-management Order of Paris Court of Appeal, Pôle 5 - Chambre 16, Case Management Judge in the case RG 24/16280 - Portalis 35L7-V-B7I-CKCMU dated 13 November 2025

    Paris Court of Appeal, Pôle 5 - Chambre 16, Case Management Judge

    Case no.
    RG 24/16280 - Portalis 35L7-V-B7I-CKCMU
    Decision summary
    The case-management judge rejected the international procedural-connection exception and stay request, rejected the request to stay enforcement of the 21 November 2022 ICC award, ordered the appellants jointly to bear the incident costs, and awarded EUR 10,000 to M. [J] [G] [O] under Article 700 of the French Code of Civil Procedure.

    Participants

    H2 Holding S.A.L.
    Representative
    Me Audrey Schwab (For: H2 Holding S.A.L. · M. [M] [J] [F] [O] · M. [J] [F] [O] · M. [X] [J] [F] [O] · Resource Group Holding SAL)
    Representative
    Me Manuel Tomas (For: H2 Holding S.A.L. · M. [M] [J] [F] [O] · M. [J] [F] [O] · M. [X] [J] [F] [O] · Resource Group Holding SAL)
    M. [M] [J] [F] [O]
    Representative
    Me Audrey Schwab (For: H2 Holding S.A.L. · M. [M] [J] [F] [O] · M. [J] [F] [O] · M. [X] [J] [F] [O] · Resource Group Holding SAL)
    Representative
    Me Manuel Tomas (For: H2 Holding S.A.L. · M. [M] [J] [F] [O] · M. [J] [F] [O] · M. [X] [J] [F] [O] · Resource Group Holding SAL)
    M. [J] [F] [O]
    Representative
    Me Audrey Schwab (For: H2 Holding S.A.L. · M. [M] [J] [F] [O] · M. [J] [F] [O] · M. [X] [J] [F] [O] · Resource Group Holding SAL)
    Representative
    Me Manuel Tomas (For: H2 Holding S.A.L. · M. [M] [J] [F] [O] · M. [J] [F] [O] · M. [X] [J] [F] [O] · Resource Group Holding SAL)
    M. [X] [J] [F] [O]
    Representative
    Me Audrey Schwab (For: H2 Holding S.A.L. · M. [M] [J] [F] [O] · M. [J] [F] [O] · M. [X] [J] [F] [O] · Resource Group Holding SAL)
    Representative
    Me Manuel Tomas (For: H2 Holding S.A.L. · M. [M] [J] [F] [O] · M. [J] [F] [O] · M. [X] [J] [F] [O] · Resource Group Holding SAL)
    Resource Group Holding SAL
    Representative
    Me Audrey Schwab (For: H2 Holding S.A.L. · M. [M] [J] [F] [O] · M. [J] [F] [O] · M. [X] [J] [F] [O] · Resource Group Holding SAL)
    Representative
    Me Manuel Tomas (For: H2 Holding S.A.L. · M. [M] [J] [F] [O] · M. [J] [F] [O] · M. [X] [J] [F] [O] · Resource Group Holding SAL)
    M. [J] [G] [O]
    Representative
    Me Matthieu Boccon Gibod (For: M. [J] [G] [O])
    Representative
    Me Lionel Koehler-Magne (For: M. [J] [G] [O])
    Paris Court of Appeal, Pôle 5 - Chambre 16, Case Management Judge
    Judge
    Jacques Le Vaillant
    Other
    Institutional administrator
    Najma El Farissi

    Authorities cited

    3
    • French Code of Civil Procedure
      statute
    • French Civil Code
      statute
    • Lebanese Code of Civil Procedure
      statute

    7 months and 3 days later · 215 days

  4. 16 June 2026France

    16 June 2026France

    Judgment of Paris Court of Appeal, International Commercial Chamber, Pôle 5 Chambre 16 in the case RG 25/00812 - Portalis 35L7-V-B7J-CMLFI dated 16 June 2026

    Paris Court of Appeal, International Commercial Chamber, Pôle 5 Chambre 16

    Case no.
    RG 25/00812 - Portalis 35L7-V-B7J-CMLFI
    Decision summary
    The Paris Court of Appeal declared inadmissible the referral insofar as it challenged the refusal to stay enforcement of the award, rejected the international procedural-connection exception and stay request, rejected the annulment challenge to the case-management order, confirmed that order, and ordered the appellants jointly to pay the incident costs and EUR 20,000 to M. [Q] [R] [E] under Article 700 of the French Code of Civil Procedure.

    Participants

    H2 Holding S.A.L.
    Representative
    Me Audrey Schwab (For: H2 Holding S.A.L. · M. [U] [Q] [S] [E] · M. [Q] [S] [E] · M. [X] [Q] [S] [E] · Resource Group Holding S.A.L.)
    Representative
    Me Manuel Tomas (For: H2 Holding S.A.L. · M. [U] [Q] [S] [E] · M. [Q] [S] [E] · M. [X] [Q] [S] [E] · Resource Group Holding S.A.L.)
    M. [U] [Q] [S] [E]
    Representative
    Me Audrey Schwab (For: H2 Holding S.A.L. · M. [U] [Q] [S] [E] · M. [Q] [S] [E] · M. [X] [Q] [S] [E] · Resource Group Holding S.A.L.)
    Representative
    Me Manuel Tomas (For: H2 Holding S.A.L. · M. [U] [Q] [S] [E] · M. [Q] [S] [E] · M. [X] [Q] [S] [E] · Resource Group Holding S.A.L.)
    M. [Q] [S] [E]
    Representative
    Me Audrey Schwab (For: H2 Holding S.A.L. · M. [U] [Q] [S] [E] · M. [Q] [S] [E] · M. [X] [Q] [S] [E] · Resource Group Holding S.A.L.)
    Representative
    Me Manuel Tomas (For: H2 Holding S.A.L. · M. [U] [Q] [S] [E] · M. [Q] [S] [E] · M. [X] [Q] [S] [E] · Resource Group Holding S.A.L.)
    M. [X] [Q] [S] [E]
    Representative
    Me Audrey Schwab (For: H2 Holding S.A.L. · M. [U] [Q] [S] [E] · M. [Q] [S] [E] · M. [X] [Q] [S] [E] · Resource Group Holding S.A.L.)
    Representative
    Me Manuel Tomas (For: H2 Holding S.A.L. · M. [U] [Q] [S] [E] · M. [Q] [S] [E] · M. [X] [Q] [S] [E] · Resource Group Holding S.A.L.)
    Resource Group Holding S.A.L.
    Representative
    Me Audrey Schwab (For: H2 Holding S.A.L. · M. [U] [Q] [S] [E] · M. [Q] [S] [E] · M. [X] [Q] [S] [E] · Resource Group Holding S.A.L.)
    Representative
    Me Manuel Tomas (For: H2 Holding S.A.L. · M. [U] [Q] [S] [E] · M. [Q] [S] [E] · M. [X] [Q] [S] [E] · Resource Group Holding S.A.L.)
    M. [Q] [R] [E]
    Representative
    Me Matthieu Boccon Gibod (For: M. [Q] [R] [E])
    Representative
    Me Lionel Koehler-Magne (For: M. [Q] [R] [E])
    Paris Court of Appeal, International Commercial Chamber, Pôle 5 Chambre 16
    Judge
    Daniel Barlow
    Judge
    Joanna Ghorayeb
    Judge
    Anne Bamberger
    Other
    Institutional administrator
    Najma El Farissi

    Authorities cited

    2
    • French Code of Civil Procedure
      statute
    • French Civil Code
      statute

Matter record

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H2 Holding S.A.L. and others v [Q] [R] [E] (Paris Court of Appeal RG 25/00812) · Matter