Fall of State Immunity from Execution in France: Let the States Beware

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11220%2F16%3A10338093" target="_blank" >RIV/00216208:11220/16:10338093 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Fall of State Immunity from Execution in France: Let the States Beware

Popis výsledku v původním jazyce

This article comments on the French Supreme Court's decision, Commisimpex v. République du Congo, dated May 13, 2015, related to the scope of waivers of state immunity from execution. The court decided that an express waiver of immunity was enough to execute on bank accounts of foreign states' diplomatic missions and abandoned its former requirement that a waiver must be both express and specific to execute on such assets. This decision thus marked a surprise reversal by the court of its earlier 2011 and 2013 decisions, which reinforced state immunity from execution, traditionally referred to as "the last bastion of State immunity." In wake of the Commisimpex decision, this last bastion had fallen in presence of an express waiver of state immunity from execution in France. The author analyzes the reasons for the reversal and explores the consequences of the Commisimpex decision for both states and their creditors, as well as the decision's potential impact on the famous Creighton jurisprudence, by which the French Supreme Court deemed a state's agreement to arbitrate to constitute a waiver of its immunity from execution. The Commisimpex decision was a blow to state immunity from execution in France. But will "that which does not kill it make it stronger"? Depending on states' behavior and the fate of the Creighton jurisprudence, state immunity from execution might become stronger than ever before.

Název v anglickém jazyce

Fall of State Immunity from Execution in France: Let the States Beware

Popis výsledku anglicky

This article comments on the French Supreme Court's decision, Commisimpex v. République du Congo, dated May 13, 2015, related to the scope of waivers of state immunity from execution. The court decided that an express waiver of immunity was enough to execute on bank accounts of foreign states' diplomatic missions and abandoned its former requirement that a waiver must be both express and specific to execute on such assets. This decision thus marked a surprise reversal by the court of its earlier 2011 and 2013 decisions, which reinforced state immunity from execution, traditionally referred to as "the last bastion of State immunity." In wake of the Commisimpex decision, this last bastion had fallen in presence of an express waiver of state immunity from execution in France. The author analyzes the reasons for the reversal and explores the consequences of the Commisimpex decision for both states and their creditors, as well as the decision's potential impact on the famous Creighton jurisprudence, by which the French Supreme Court deemed a state's agreement to arbitrate to constitute a waiver of its immunity from execution. The Commisimpex decision was a blow to state immunity from execution in France. But will "that which does not kill it make it stronger"? Depending on states' behavior and the fate of the Creighton jurisprudence, state immunity from execution might become stronger than ever before.

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

AG - Právní vědy

OECD FORD obor

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Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2016

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

International Arbitration Law Review

ISSN

1367-8272

e-ISSN

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Svazek periodika

19

Číslo periodika v rámci svazku

5

Stát vydavatele periodika

GB - Spojené království Velké Británie a Severního Irska

Počet stran výsledku

7

Strana od-do

133-139

Kód UT WoS článku

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EID výsledku v databázi Scopus

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