Arbitration Links - Linklaters
  • Topic: Arbitrability
  • Jurisdiction: France

French Cour de Cassation puts an end to the “Tapie-saga”

01 November 2017 Clément Fouchard, Europe; France


Earlier this year, the French Cour de Cassation brought the long-running “Tapie-saga” to an end. Mr Tapie and his former bank were in dispute over a 2008 arbitral award ordering the bank to pay Mr Tapie over €400 million in damages. This award was successfully challenged by the bank before the Paris Court of Appeal in 2015 which annulled the decision on the basis of fraud. The Cour de Cassation confirmed the decision of the Paris Court of Appeal.

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