Paris Court of Appeal enforces award under ICSID Additional Facility Rules between Gold Reserve and Venezuela | Practical Law

Paris Court of Appeal enforces award under ICSID Additional Facility Rules between Gold Reserve and Venezuela | Practical Law

In République Bolivarienne du Venezuela c/ Société Gold Reserve INC, Cour d'appel de Paris, Pôle 1 – Chambre 1, RG N° 14/21103, a judge sitting in the Paris Court of Appeal considered opposing applications regarding an award issued under the ICSID Additional Facility Rules, with one side seeking enforcement of the award and the other seeking a stay of enforcement.

Paris Court of Appeal enforces award under ICSID Additional Facility Rules between Gold Reserve and Venezuela

by Peter Archer (Associate), Herbert Smith Freehills LLP
Published on 24 Feb 2015France
In République Bolivarienne du Venezuela c/ Société Gold Reserve INC, Cour d'appel de Paris, Pôle 1 – Chambre 1, RG N° 14/21103, a judge sitting in the Paris Court of Appeal considered opposing applications regarding an award issued under the ICSID Additional Facility Rules, with one side seeking enforcement of the award and the other seeking a stay of enforcement.