Arbitral Digest

Matter

S.A.S. IMAGINE v S.A.R.L. GROUPE [D] [G] and Mr [D] [G] (Paris Court of Appeal RG 22/08800)

Case no.
RG n° 20.84
  1. 12 October 2021Arbitration

    12 October 2021Arbitration

    Final Arbitral Award dated 12 October 2021

    Decision summary
    The award reduced the purchase price for the shares in Imagine R Water Développement from €15 million to €8.82 million, determined the amounts due on 19 May 2022 and 19 May 2023, limited recourse to the first-demand autonomous guarantee, and ordered Groupe [D] [G] to notify Crédit Industriel et Commercial of that limitation.

    Supporting details

    3 participants
    S.A.S. IMAGINE
    S.A.R.L. GROUPE [D] [G]
    Monsieur [D] [G]

    1 year and 7 days later · 372 days

  2. 19 October 2022France

    19 October 2022France

    Order of the Paris Court of Appeal in the case RG 22/08800 dated 19 October 2022

    Paris Court of Appeal, Division 1 - Chamber 5

    Case no.
    RG 22/08800
    Decision summary
    The Paris Court of Appeal rejected Groupe [D] [G] and Mr [D] [G]'s application to stay provisional enforcement of the 12 October 2021 arbitral award. It also rejected Imagine's claims for damages for abusive proceedings and removal of a passage from the opposing submissions, and ordered the applicants jointly and severally to pay costs and €2,000 under article 700 of the French Code of Civil Procedure.

    Supporting details

    2 authorities · 12 participants
    S.A.R.L. GROUPE [D] [G]
    Representative
    Stéphane BAZIN (For: S.A.R.L. GROUPE [D] [G] · Monsieur [D] [G])
    Representative
    Massimo BIANCHI (For: S.A.R.L. GROUPE [D] [G] · Monsieur [D] [G])
    Monsieur [D] [G]
    Representative
    Stéphane BAZIN (For: S.A.R.L. GROUPE [D] [G] · Monsieur [D] [G])
    Representative
    Massimo BIANCHI (For: S.A.R.L. GROUPE [D] [G] · Monsieur [D] [G])
    S.A.S. IMAGINE
    Representative
    Patricia HARDOUIN (For: S.A.S. IMAGINE)
    Representative
    SELARL 2H Avocats à la cour (For: S.A.S. IMAGINE)
    Representative
    Michaël PIQUET-FRAYSSE (For: S.A.S. IMAGINE)
    Representative
    Laurent LEVY (For: S.A.S. IMAGINE)
    Representative
    SELAS LEXINGTON AVOCATS (For: S.A.S. IMAGINE)
    Paris Court of Appeal, Division 1 - Chamber 5
    Other
    Institutional administrator
    Cécilie MARTEL

    Authorities cited

    2
    • French Code of Civil Procedure
      statute
    • French Law dated 29 July 1881 on Freedom of the Press
      statute

Matter record

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S.A.S. IMAGINE v S.A.R.L. GROUPE [D] [G] and Mr [D] [G] (Paris Court of Appeal RG 22/08800) · Matter