Matter
S.A.S. HSO 31 and S.A.S. HBC 31 v S.A.R.L. RN PATRI.ONE (Paris Court of Appeal RG 20/08604)
- 13 May 2019Arbitration
13 May 2019Arbitration
Partial arbitral award dated 13 May 2019
- Decision summary
- The tribunal declared itself competent to hear the claims for resolution of the 13 November 2012 and 6 December 2013 share-transfer instruments and related subsidiary and counterclaims, found no grounds to resolve those instruments, and reserved costs for later determination.
Supporting details
6 participants1 year and 13 days later · 379 days
- 26 May 2020Arbitration
26 May 2020Arbitration
Final arbitral award dated 26 May 2020
- Decision summary
- The tribunal found the accelerated payment clause regularly implemented, applied a EUR 2 million penalty clause, rejected HSO 31 and HBC 31's claims concerning the option exercise and price supplement, awarded RN PATRI.ONE EUR 500,000 for abusive proceedings, awarded one symbolic euro for Mr [Y]'s moral prejudice, allocated arbitration costs 40% to the claimants and 60% to the respondents, and ordered provisional enforcement.
Supporting details
8 participants2 months and 1 day later · 62 days
- 27 July 2020Arbitration
27 July 2020Arbitration
Corrective arbitral award dated 27 July 2020
- Decision summary
- The tribunal rejected the request for a stay and corrected the final award's allocation of the EUR 2 million penalty clause to 67.49% for HSO 31 and 32.51% for HBC 31, and its EUR 500,000 abusive-proceedings award to EUR 250,000 for each of HSO 31 and HBC 31.
Supporting details
6 participants2 years, 6 months and 11 days later · 925 days
- 7 February 2023France
7 February 2023France
Judgment of the Paris Court of Appeal in case RG 20/08604 dated 7 February 2023
Paris Court of Appeal
- Decision summary
- The Paris Court of Appeal held that the arbitration was international. It annulled the partial award insofar as the tribunal had accepted jurisdiction over RN PATRI.ONE's subsidiary claims and consequently annulled points 1, 2, 3 and 5 of the final award. It also annulled the final award's symbolic-euro award for Mr [Y]'s moral prejudice, rejected the remaining challenge, and ordered RN PATRI.ONE to pay EUR 50,000 under article 700 of the French Code of Civil Procedure and the costs.
Supporting details
3 authorities · 15 participantsS.A.S. HSO 31
- Representative
- Jean-Paul COMBENEGRE (For: S.A.S. HSO 31 · S.A.S. HBC 31)
- Representative
- RUFF (For: S.A.S. HSO 31 · S.A.S. HBC 31)
S.A.S. HBC 31
- Representative
- Jean-Paul COMBENEGRE (For: S.A.S. HSO 31 · S.A.S. HBC 31)
- Representative
- RUFF (For: S.A.S. HSO 31 · S.A.S. HBC 31)
SELARL GM
- Representative
- Laurent MARIETTANT (For: SELARL GM)
- Representative
- Michel GUIZARD (For: SELARL GM)
S.A.R.L. RN PATRI.ONE
- Representative
- Bernard GRELON (For: S.A.R.L. RN PATRI.ONE)
Paris Court of Appeal
- Judge
- François MELIN
- Judge
- Laure ALDEBERT
Other
- Institutional administrator
- SELARL GM
- Court Reporter
- Mélanie PATE
- Court Reporter
- Najma EL FARISSI