Matter
[J] [K] [B] Kish v Flower of the East Kish Development Company and Mr [I] [E] (ICC Case 16711/ND/GZ/MHM/HBH)
- 15 August 2016Iran
15 August 2016Iran
Kish Island Court Judgment dated 15 August 2016
Kish Island Court
- Decision summary
- The court held the 16 July 2002 contract and 30 May 2007 supplementary contract null and ordered restitution of the land to Kish Free Zone Organization.
Supporting details
2 participants[J] [K] [B] Kish
Mr [I] [E]
Kish Island Court
10 months and 25 days later · 329 days
- 10 July 2017Arbitration
10 July 2017Arbitration
Procedural Order dated 10 July 2017
International Court of Arbitration of the International Chamber of Commerce
- Decision summary
- The arbitral tribunal rejected [J] [K] [B] Kish's request to terminate the arbitration after the Kish Island judgment, relying on the arbitration clause and the competence-competence principle.
Supporting details
1 participant[J] [K] [B] Kish
International Court of Arbitration of the International Chamber of Commerce
4 years and 8 months later · 1704 days
- 10 March 2022Arbitration
10 March 2022Arbitration
Arbitral Award dated 10 March 2022
International Court of Arbitration of the International Chamber of Commerce
- Decision summary
- Flower of the East Kish Development Company and Mr [I] [E] were held to have validly terminated the contracts. Kish Free Zone Organization was ordered to pay Flower of the East Kish Development Company EUR 39,548,709.90 for direct damages, to return a specified cheque, and to pay EUR 432,500 in arbitration costs and EUR 1,216,425.12 in legal fees and other costs; all other claims were rejected.
Supporting details
8 participants[J] [K] [B] Kish
Flower of the East Kish Development Company
Mr [I] [E]
International Court of Arbitration of the International Chamber of Commerce
- Arbitrator
- Messrs [A] [N]
- Arbitrator
- [S] [T]
- Arbitrator
- [Y] [P] [H] [D]
Other
3 years, 8 months and 15 days later · 1356 days
- 25 November 2025France
25 November 2025France
Judgment of the Paris Court of Appeal, International Commercial Chamber, Pole 5 Chamber 16, dated 25 November 2025
Paris Court of Appeal, International Commercial Chamber, Pole 5 Chamber 16
- Citation
- Judgment no. 73/2025
- Decision summary
- The court rejected Kish Free Zone Organization's application to set aside the 10 March 2022 ICC award. It held that recognition or enforcement of the award was not incompatible with the Kish Island judgment and that the alleged corruption and mission-based grounds were not established; rejection conferred exequatur on the award, and the applicant was ordered to pay costs and EUR 100,000 to the respondents for procedural fees.
Supporting details
5 authorities · 11 participants[J] [K] [B] Kish
- Representative
- Matthieu Boccon Gibod (For: [J] [K] [B] Kish)
- Representative
- [A] Stoffel-Munck (For: [J] [K] [B] Kish)
- Representative
- Armand Terrien (For: [J] [K] [B] Kish)
Flower of the East Kish Development Company
- Representative
- Luca De Maria (For: Flower of the East Kish Development Company · Mr [I] [E])
Mr [I] [E]
- Representative
- Luca De Maria (For: Flower of the East Kish Development Company · Mr [I] [E])
Paris Court of Appeal, International Commercial Chamber, Pole 5 Chamber 16
- Judge
- Daniel Barlow
- Judge
- Jacques Le Vaillant
- Judge
- Joanna Ghorayeb
Other
- Institutional administrator
- Najma El Farissi