Paris Court of Appeal Sets Aside ICC Award For Being Contrary to International Public Policy

By Diego Luis Alonso Massa, 14 April 2022

On 5 April 2022, the Paris Court of Appeal annulled an ICC arbitral award which ordered the Gabonese Republic to pay the Santullo-Sericom Gabon Group the sum of 90 billion Franc (CFA) plus interest. In its ruling, the Court found that there was sufficiently serious, precise and concordant evidence that the conclusion and execution of the public contracts referred to in the arbitral...