Arbitral Digest

Matter

Bankruptcy Administration of T. Imar Bankasi T.A.S. v H. U. (Paris Court of Appeal RG 18/28207)

  1. 8 June 2005Turkey

    8 June 2005Turkey

    Judgment of the Istanbul Court of First Instance dated 8 June 2005

    Istanbul Court of First Instance

    Decision summary
    The Istanbul Court of First Instance declared the bankruptcy of Imar Bankasi, whose capital was held by members of the H. U. family.

    7 years, 9 months and 21 days later · 2851 days

  2. 29 March 2013Turkey

    29 March 2013Turkey

    Judgment of the Istanbul Court of First Instance, Eighth Criminal Chamber, dated 29 March 2013

    Istanbul Court of First Instance, Eighth Criminal Chamber

    Decision summary
    The Istanbul Court of First Instance, Eighth Criminal Chamber, convicted H. U. of aggravated misappropriation harming Imar Bankasi and imposed an 18-year prison sentence, another custodial sentence and a fine, together with civil damages of TRY 1,468,240,378.21, stated as EUR 375,826,241.64.

    2 months and 21 days later · 82 days

  3. 19 June 2013Turkey

    19 June 2013Turkey

    Judgment of the Istanbul Court of First Instance dated 19 June 2013

    Istanbul Court of First Instance

    Decision summary
    The Istanbul Court of First Instance ordered H. U. to pay Imar Bankasi USD 4,022,791.96, EUR 1,667,948.70, GBP 7,007.84, and CHF 14,000, together approximately EUR 5,234,239, plus interest.

    5 years, 2 months and 18 days later · 1905 days

  4. 6 September 2018France

    6 September 2018France

    Judgment of the Paris Court of Appeal dated 6 September 2018

    Paris Court of Appeal

    Decision summary
    The Paris Court of Appeal annulled the conservatory seizure carried out on 25 August 2017 against H. U.'s movable property and safe-deposit-box contents.

    3 months and 12 days later · 103 days

  5. 18 December 2018France

    18 December 2018France

    Judgment of the Paris Enforcement Judge dated 18 December 2018

    Enforcement Judge of the Paris Tribunal de grande instance

    Case no.
    RG 18/83041
    Decision summary
    The Enforcement Judge declared H. U.'s application to retract the 30 August 2017 sequestration order admissible, retracted that order, ordered the release of the 4 September 2018 conservatory seizure, rejected H. U.'s damages claim, and ordered the bankruptcy administration of T. Imar Bankasi T.A.S. to pay the costs.

    3 months and 9 days later · 99 days

  6. 27 March 2019France

    27 March 2019France

    Judgment of the Paris Tribunal de grande instance dated 27 March 2019

    Paris Tribunal de grande instance

    Decision summary
    The Paris Tribunal de grande instance dismissed the bankruptcy administration's application for exequatur of the Istanbul court judgment dated 29 March 2013.

    2 months and 17 days later · 78 days

  7. 13 June 2019France

    13 June 2019France

    Order of the First President of the Paris Court of Appeal dated 13 June 2019

    First President of the Paris Court of Appeal

    Decision summary
    The First President declared inadmissible the request to stay execution of the 18 December 2018 judgment insofar as it retracted the sequestration order, and stayed execution insofar as that judgment ordered release of the 4 September 2018 conservatory seizure.

    21 days later · 21 days

  8. 4 July 2019France

    4 July 2019France

    Judgment of the Paris Court of Appeal, Pôle 4 - Chamber 8, in case RG 18/28207 (Portalis 35L7-V-B7C-B65VN) dated 4 July 2019

    Paris Court of Appeal, Pôle 4 - Chamber 8

    Case no.
    RG 18/28207; Portalis 35L7-V-B7C-B65VN
    Decision summary
    The court confirmed the judgment that retracted the 30 August 2017 sequestration order and lifted the 4 September 2018 conservatory seizure of assets held in a safe-deposit box. It rejected H. U.'s claim for damages and ordered the bankruptcy administration of T. Imar Bankasi T.A.S. to pay EUR 10,000 under Article 700 of the French Code of Civil Procedure and the costs.

    Supporting details

    2 authorities · 12 participants
    Bankruptcy Administration of T. Imar Bankasi T.A.S.
    Representative
    [L] [J] [S] [L] (For: Bankruptcy Administration of T. Imar Bankasi T.A.S.)
    Representative
    [L] [J] [L] (TSMF) (For: Bankruptcy Administration of T. Imar Bankasi T.A.S.)
    Representative
    Jacques-Alexandre Genet (For: Bankruptcy Administration of T. Imar Bankasi T.A.S.)
    Representative
    SELAS Archipel (For: Bankruptcy Administration of T. Imar Bankasi T.A.S.)
    Representative
    Michaël Schlesinger (For: Bankruptcy Administration of T. Imar Bankasi T.A.S.)
    H. U.
    Representative
    Matthias Pujos (For: H. U.)
    Paris Court of Appeal, Pôle 4 - Chamber 8
    Other
    Court Reporter
    Sébastien Sabathé

    Authorities cited

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

Matter record

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Bankruptcy Administration of T. Imar Bankasi T.A.S. v H. U. (Paris Court of Appeal RG 18/28207) · Matter