Commercial contracts: the arbitration clause, its drafting, its effects

The mere reference in a commercial contract to an arbitration center cannot challenge the purely optional nature of an arbitration clause inserted in the General Conditions. Cour de cassation, Civil Chamber 1, 12 June 2013, Appeal number 12-22656 Company A replaced turbo generators in a factory. The Company B installed these generators. Malfunctions occured due …

Lire la suite de Commercial contracts: the arbitration clause, its drafting, its effects

The sudden termination of established commercial relations can be used by a third party to claim damages

The Court of cassation ruled in a decision rendered on the 6th of September 2011 that a third party could use the sudden termination of a commercial relation to claim indemnities if this termination also caused a prejudice to this third party. Cour de cassation, 6 septembre 2011, Chambre commerciale, pourvoi n°10-11975 An import-export company …

Lire la suite de The sudden termination of established commercial relations can be used by a third party to claim damages