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X-WR-CALDESC:Events for AFLA
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DTSTART:20190101T000000
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DTSTART;TZID=UTC:20190410T120000
DTEND;TZID=UTC:20190410T140000
DTSTAMP:20260627T043133
CREATED:20190722T151247Z
LAST-MODIFIED:20190907T060650Z
UID:384-1554897600-1554904800@afla-law.org
SUMMARY:Enforcing Judgments and Arbitration Awards against a State: Recent Developments in French and European Law
DESCRIPTION:Since 2016\, there has been a dramatic change in French law on the issue of enforcing judgments and arbitration awards against states and state entities. French law and French courts have increasingly taken into account the protection of states’ assets against so-called ‘vulture funds’\, i.e. funds that invest in distressed securities usually (but not always) held against sovereign debtor governments. As a consequence of this policy\, enforcement against states or state entities requires a prior and specific court order that is rarely issued. Furthermore\, clauses waiving sovereign immunity from enforcement are being more and more restrained by the French Supreme Court. As a result\, in less than 4 years\, French courts and the French Parliament have transformed this country into a safe harbor for States’ and State entities’ assets. \nFrançois Ameli is a founding partner at CKR Law in Paris. He holds a PhD in international law from Sorbonne University and was admitted to the Paris Bar in 1993. As a lawyer\, François brings a breadth of experience in international commercial litigation and arbitration\, with a focus on contractual disputes arising in Europe\, the Middle East North Africa and the Persian Gulf. He has handled a number of multi-jurisdictional disputes involving oil and gas\, port activity\, maritime transportation\, international fraud and represents commercial clients and states\nin enforcement actions. He is also a full time professor and Vice Dean for undergraduate studies at the Sorbonne Law School where he teaches international contracts\, international litigation and international labor law. \n
URL:https://afla-law.org/events/enforcing-judgments-and-arbitration-awards-against-a-state-recent-developments-in-french-and-european-law/
LOCATION:Norton Rose Fulbright US LLP\, 1301 6th Avenue\, New York\, NY\, 10019\, United States
CATEGORIES:CLE Events
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