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France: Court of Appeals of Paris Judgment Concerning Recognition and Enforcement of Award in Context of ICSID Convention

The judgment of the Court of Appeals of Paris, reproduced below in English translation, is the first decision concerning the recognition and enforcement of an award rendered in the context of the Convention on the Settlement of Investment Disputes between States and Nationals of Other Contracting States (the text of which appears at 4 I.L.M. 532 (1965); the Convention came into force on October 14, 1966, see 5 I.L.M. 1198 (1966)).