PARIS COURT OF APPEAL
Division 5 - 16
RG 19/04161 - No Portalis 35L7-V-B7D-B7MGP
Referral's nature: Other referrals to the court at the parties' initiative
Date of the notice of referral: 19 February 2019
Registration date of the referral: 28 February 2019
Nature of the case: Request for enforcement of a conciliation agreement, of an agreement on a recommendation of a mediator, an arbitral award, or seeking sanctions for their non-enforcement.
Decision challenged: No. PCA2016-14 issued by the Arbitral Tribunal of PARIS on 26 November 2018
III - ON THESE GROUNDS, WE HEREBY
1. Reject the request for a stay of execution of the arbitral award of November 26, 2018 handede down by the Permanent Court of Arbitration, sitting in Paris;
2. Find that there is no need to adjust the enforcement of the award;
3. Order the Russian Federation to pay to JSC Oschadbank the sum of EUR 8,000 pursuant to Article 700 of the Code of Civil Procedure;
4. Order the Russian Federation to pay the costs of the procedural order proceedings. Order made by François ANCEL, Pre-trial judge assisted by Clémentine GLEMET, clerk present when the order was made available at the Registry of the Court, the parties having been given prior notice thereof in accordance with the conditions laid down in the second paragraph of Article 450 of the Code of Civil Procedure.
Paris, 22 October 2019