Cases & Deals

International bank litigates USD 175 million claim before Commercial Court of Paris

Clients International bank

Jones Day represented an international bank in a dispute regarding the execution of a letter of intent in connection with the sale of the shares of a real estate company. The value of the shares was quoted as over USD 175 million. After the seizure of the shares and the filing of a claim on the merits before the commercial Court of Paris, the parties reached a global settlement agreement.

International bank v. German real estate company