French Court of Cassation rules that, in insolvency proceedings, an exequatur order that merely recognises a claim is not contrary to international public policy
Reference: Cass. civ. 15 May 2024, no. 23-11.012 This case concerns an arbitration initiated in 2013 by Hydro Construction (“Hydro”) against Vergnet. On 6 May 2014, the parties agreed to suspend the arbitration proceedings and submit their dispute to an adjudicator, who issued a non-binding decision in favour of Hydro and ordered Vergnet to pay […]
The High Court of Justice recalls that the confidentiality of arbitral proceedings is not guaranteed in the event of judicial review
Citation : Mordchai Ganz v Petronz FZE & Abraham Goren, [2024] EWHC 1011 (Com) On 25 March 2024, the High Court of Justice of England and Wales (the “High Court”) dismissed an application by one of the defendants to prevent the publication of a judgment relating to the challenge to an arbitral award. The award, […]