February 23, 2016
Bringing the Republic of Congo to Justice: A 30-Year Debt Finally Comes Due
Commisimpex, a British and American infrastructure firm and long-time client of Prime, continues winning important legal cases in the U.S. and abroad aimed at bringing the Republic of Congo (ROC) to justice on a 30 year old debt.
In December 2015, the United States District Court for the District of Columbia issued an order compelling the ROC to comply with requests from COMMISIMPEX to detail the location and value of assets it has all over the world which can then be seized. That same month in Paris, the President of the Paris Court (“Tribunal de Grande Instance”) issued an order declaring that a liquidation decision rendered by the Brazzaville Commercial Court in 2012, the subsequent Brazzaville Court of Appeal decision of 2013 and finally an order of the same court on December 2014, were all contrary to French public order and therefore not enforceable in France. In a 14 page ruling, the French court branded the Brazzaville court’s reasoning as ‘incoherent, contradictory and illogical’ and suggested that the controlling judge’s decision to appoint Congolese liquidators to wind up COMMISIMPEX was ‘questionable’.
A recent news article from the London Times highlights the broader significance of the ongoing Commisimpex fight for justice.