12During the hearing held on September 25, 2000, Mr. Stumphius and Mr. Vander Hoeven were heard as witnesses. Mr. Behar, although called, did not appear.9. On September 29, 2000, the Arbitral Tribunal issued Procedural Order no.3 whereby it:- formally invited Mr. Behar and Mr. de Jong to appear before it in order totestify in the case and requested the production by CSFB <strong>of</strong> any correspondencewith respect to the declarations <strong>of</strong> interest or <strong>of</strong>fers made by UPC orany affiliated companies, or by Intercomm Holdings with respect to the purchase<strong>of</strong> RCF shares from Vision N.V.;invited Vision N.V. and Vision B.V. to communicate copies <strong>of</strong> the confidentialityagreement and the letter <strong>of</strong> intent signed by Valvision;addressed several questions to the parties;fixed the schedule for the exchange <strong>of</strong> memoranda and for the oral hearingto be held on March 19, 2001.On October 4, 2000, Vision N.V. and Vision B.V. filed Exhibits R.32 to R.34.10. On October 17, 2000, CSFB confirmed its policy not to give evidence ordisclose documents in a litigation or arbitration unless compelled to do so bycourt order.On October 30, 2000, Valvision filed a copy <strong>of</strong> the witness subpoena applicationfor Mr. de Jong and Mr. Behar that it had made before the High <strong><strong>Cour</strong>t</strong> <strong>of</strong> Justice,Queen's Bench Division, Commercial <strong><strong>Cour</strong>t</strong> on October 24, 2000.The parties and the Arbitral Tribunal consequently agreed to wait until they receivedthe court order and obtained the response <strong>of</strong> CSFB before reschedulingthe filing <strong>of</strong> the briefs by the parties.On November 29, 2000, the English <strong><strong>Cour</strong>t</strong> granted the witness subpoena for Mr.de Jong.On January 23, 2001, CSFB indicated that the subpoena issued against Mr. deJong did not entitle Mr. de Jong to communicate any documents belonging orheld by CSFB or to produce them at the hearing without the consent <strong>of</strong> CSFB.As CSFB was not prepared to consent to the disclosure <strong>of</strong> documents unlesscompelled to do so by court order, a summons should be obtained againstCSFB rather than against Mr. de Jong in his personal capacity.On January 25, 2001, Valvision filed the necessary witness summoCSFB.elE IMTc,) COUR INTERNATIONALE D'ARBITRAGE 'ct'INTERNATIONAL COURT OF ARBITRATIONA02338488/0.31/16 Oct 2002 FA.. *C1`/,r/ONaL CHAMBER OF ` -
13On February 6, 2001, a witness summons issued by the Admiralty and CommercialRegistry was served on CSFB.11. Mr. de Jong was heard as a witness on February 21, 2001. CSFB disclosedat the hearing all the documents possessed by CSFB, which fell withinthe terms <strong>of</strong> the witness summons issued against CSFB for the period December1, 1998 to June 30, 1999.On February 23, 2001, the Arbitral Tribunal informed CSFB that it was not requestingany additional documents at this stage.12. On February 27, 2001, the Arbitral Tribunal issued Procedural Order no. 4fixing a new schedule for the exchange <strong>of</strong> memoranda and a new date for thehearing <strong>of</strong> the parties on July 10, 2001.On April 2, 2001, Valvision filed its Submission no. 2 (C.sub 2).On April 20, 2001, the schedule for the filing <strong>of</strong> the memoranda was revised.13. On May 10, 2001, the Arbitral Tribunal issued Procedural Order no. 5dealing with the question <strong>of</strong> the languages to be used in the documents submittedas evidence.On May 16, 2001, Vision N.V. and Vision B.V. filed their Submission no. 2(R.sub 2).On June 7, 2001, Valvision filed its Submission no. 3 (C.sub 3).On July 29, 2001, Vision N.V. and Vision B.V. filed their Submission no. 3(R.sub 3).A hearing was held on Tuesday July 10, 2001 in Brussels, at the <strong>of</strong>fice <strong>of</strong> theChairman <strong>of</strong> the Arbitral Tribunal.14. On August 31, 2001, Valvision filed a submission in support <strong>of</strong> its claim forcosts and expenses (C.sub 4 Costs).On October 4, 2001, Vision N.V. and Vision B.V. filed their Submission no. 4responding to the Claimant's submission on costs dated August 31, 2001(R.sub 4).15. On November 28, 2001, the Arbitral Tribunal invited the parties to commenton the conditions under which the pre-emption rights were exercised, andin particular with respect to the reimbursement made by Vision N.V.[SCE rtrTfRMinority Shareholders <strong>of</strong> an amount <strong>of</strong> FRF 800,000 with res certainNAT°oseverance payments made by RCF 4 4.z Q COUR INTERNATIONALE O'ARBITRAGEINTERNATIONAL COURT OF ARBITRATION VAUZ33b4tlt$/U. 1/16 OCt ZUUZ \F VFviCHAMBER
- Page 1 and 2: International Chamber of CommerceTh
- Page 3 and 4: In the matter of an arbitrationBETW
- Page 5 and 6: 37. Conclusion 545. The context of
- Page 7 and 8: 51. ABBREVIATIONS - DEFINITIONSP. A
- Page 9 and 10: 7II.THE PARTIESThe parties in this
- Page 11 and 12: 9agreement entered into in 1995 bet
- Page 13: 115. The Terms of Reference were si
- Page 17 and 18: 15In particular, the Arbitral Tribu
- Page 19 and 20: 17On April 15, 1999, the seller sen
- Page 21 and 22: 19On the same day, Vision N.V. waiv
- Page 23 and 24: 21Valvision had incurred substantia
- Page 25 and 26: 23an amount of FRF 337,100 (= 51,39
- Page 27 and 28: 251. IN GENERAL§1. THE JURISDICTIO
- Page 29 and 30: 27The Arbitral Tribunal is of the o
- Page 31 and 32: 2949. The question arises as to the
- Page 33 and 34: 3153. As a conclusion, the Arbitral
- Page 35 and 36: 33paragraphs of this provision appe
- Page 37 and 38: 35bank employees, including Sunday.
- Page 39 and 40: 37could reasonably derive from each
- Page 41 and 42: 39§5. VISION N.V. AND VISION B.V.'
- Page 43 and 44: 4180. In R.sub 5, Vision N.V. and V
- Page 45 and 46: 43UPC se developpe rapidement en Eu
- Page 47 and 48: 45the General Agreement and, more s
- Page 49 and 50: 47towards the seller. (See also, Pr
- Page 51 and 52: 49ers a price adjustment, which mig
- Page 53 and 54: 51Should Vision N.V. and Vision B.V
- Page 55 and 56: 53F.2: "Seller shall furnish Purcha
- Page 57 and 58: 55He reiterated the same message on
- Page 59 and 60: 57Such interpretation, which is con
- Page 61 and 62: 59Vision N.V. also allowed the Core
- Page 63 and 64: 61123. The Arbitral Tribunal is how
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63128. The concept of "damage" refe
- Page 67 and 68:
65the Hoge Raad of February 20, 197
- Page 69 and 70:
672. The abstract method138. This t
- Page 71 and 72:
69presented together to the judge/a
- Page 73 and 74:
71Proportion of Mediareseaux' purch
- Page 75 and 76:
733. Valvision lawyers' fees149. Va
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75Place of arbitration : Londonv V,