French courts cannot interfere with arbitration once tribunal constituted

In a recent decision, the Paris Court of First Instance endorsed its pro-arbitration stance, holding that French courts cannot interfere with arbitral proceedings. Elf Neftegaz (a subsidiary of Elf Aquitaine) entered into a cooperation agreement with various Russian entities to research, explore and exploit hydrocarbons in Russia. The contract contained an ad hocarbitration clause with … Read more