Versailles Court of Appeal, 22 February 2018, United Bank Limited v. Thalès Communications & Security, no. 17/01135

A high court judge (jugé des référé) ordered provisional prohibitive measures against several banks. It was provided that Thalès company had to commence an arbitration proceeding within 3 months from the decision, otherwise these measures would be rescheduled. One of the banks – United Limited Bank – requested the nullity of these measures, as Thalès failed to commence the arbitration proceeding in this delay. The Court of Appeal, “statuant en référé”, stated that it had no power to find or pronounce the nullity of these measures, as the judgement did not foresee the nullity but the possibility to amend or remove the measures.

2018-03-04T22:28:37+00:00 February 22nd, 2018|Court of Appeal, Versailles Court of Appeal|0 Comments

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