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C. 1. JURISPRUDENCE Sentences arbitrales et actes de prockdure 1.1. Geneva Chamber of Commerce and Industry (CCIG), Decision of the Arbitral Tribunal of 25 September 1997, A S.p.A. (Italy) v. B A.G. (Germany). * Securityfor costs St2retks pour les frais de I'arbitrage Kostensicherheit I. Procedural History This arbitration was initiated on 21 October 1996, by A S.p.A. (hereinafter Claimant or A), a company registered in Italy, against B. A.G. (hereinafter Defendant or B), a company registered in Germany, under the Arbitration Rules of the Geneva Chamber of Commerce and Industry. A. claims from B ITL (...) by way of damages, B moves for the dismissal of A's claim and counterclaims for restitution of amounts paid to A, i.e. DM (...) plus ITL (...) plus an award for lost profits and DM (...) by way of further damages. In a letter dated 26 March 1997, Defendant informed the Arbitral Tribunal that A had gone into voluntary liquidation on 20 December 1996, and that Mr. R. of Bologna had been appointed as liquidator. This prompted Defendant to request the Tribunal (a) to order a stay of Kindly put at our disposal by Professor Claude Reymond, Lausanne / Sentence aimablement mise
ASA Bulletin – Kluwer Law International
Published: Jan 21, 2001
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