Matter
Hellenic Shipyards SA v Hellenic Republic (Paris Court of Appeal RG 20/00419)
- 29 September 2017Arbitration
29 September 2017Arbitration
ICC Arbitral Award dated 29 September 2017
International Court of Arbitration of the International Chamber of Commerce
- Decision summary
- The award ordered the Hellenic Republic to pay Hellenic Shipyards €155 million plus interest, which amounted to €55,338,904.11 as at 5 February 2018.
Supporting details
3 participantsHellenic Shipyards SA
Hellenic Republic
International Court of Arbitration of the International Chamber of Commerce
- Institutional administrator
- International Court of Arbitration of the International Chamber of Commerce
2 months and 8 days later · 69 days
- 7 December 2017France
7 December 2017France
Exequatur Order of the President of the Paris Regional Court dated 7 December 2017
President of the Paris Regional Court
- Decision summary
- The President of the Paris Regional Court made the 29 September 2017 ICC arbitral award in favour of Hellenic Shipyards enforceable in France.
Supporting details
2 participantsHellenic Shipyards SA
Hellenic Republic
President of the Paris Regional Court
2 months and 6 days later · 68 days
- 13 February 2018France
13 February 2018France
Enforcement Order of the Paris Regional Court dated 13 February 2018
Enforcement Judge, Paris Regional Court
- Decision summary
- The enforcement judge rejected Hellenic Shipyards’ request for authorisation to attach half of the funds it believed HCAP held at HSBC in satisfaction of the award against the Hellenic Republic.
Supporting details
2 participantsHellenic Shipyards SA
Hellenic Republic
Enforcement Judge, Paris Regional Court
1 year, 4 months and 14 days later · 499 days
- 27 June 2019France
27 June 2019France
Judgment of the Paris Court of Appeal in the case RG 18/05246 dated 27 June 2019
Paris Court of Appeal
- Decision summary
- The court reversed the 13 February 2018 order and authorised Hellenic Shipyards to attach half of the funds held in HCAP’s HSBC account, treating HCAP as an emanation of the Hellenic Republic, for €210,924,931.51.
Supporting details
2 participantsHellenic Corporation of Assets and Participations SA
Hellenic Shipyards SA
Paris Court of Appeal
3 years, 2 months and 19 days later · 1176 days
- 15 September 2022France
15 September 2022France
Decision of the Paris Court of Appeal in the case RG 20/00419 dated 15 September 2022
Paris Court of Appeal, Division 1 - Chamber 10
- Decision summary
- The court rejected HCAP’s application to retract the 27 June 2019 judgment, holding that HCAP was an emanation of the Greek State. It declared HSY’s request for broader attachment of HCAP funds and a Ficoba inquiry inadmissible, and ordered HCAP to pay HSY €3,000 under article 700 of the French Code of Civil Procedure and the costs.
Supporting details
4 authorities · 11 participantsHellenic Corporation of Assets and Participations SA
- Representative
- Harold Herman (For: Hellenic Corporation of Assets and Participations SA)
- Representative
- Jean-Philippe Pons-Henry (For: Hellenic Corporation of Assets and Participations SA)
- Representative
- Jean-Sébastien Bazille (For: Hellenic Corporation of Assets and Participations SA)
Hellenic Shipyards SA
- Representative
- Fanny Crosnier (For: Hellenic Shipyards SA)
- Representative
- Camille Viaud Le Polles (For: Hellenic Shipyards SA)
Paris Court of Appeal, Division 1 - Chamber 10
- Judge
- Bénédicte Pruvost
- Judge
- Catherine Lefort
- Judge
- Raphaël Trarieux
Other
- Institutional administrator
- Grégoire Grospellier