Paris Court of Appeal, 12 September 2017, Republic of the Congo v. Commisimpex, no. 15/24881

A supervisory judge of Commisimpex’s insolvency proceeding established a legal compensation between a tax claim owed by Commisimpex and Congo’s debts (as a result of a 2013 arbitral award). The Republic of Congo summoned Commisimpex to enforce the order. In 2015, the judge dismissed the claim and stated that the order was unenforceable on French [...]