Applicant
Respondent
Summary: La Française IC 2, SICAV-FIS, successfully enforced an Arbitration Award against David E. Wires in Ontario. The award originated from a dispute over a funding agreement, leading to arbitration in London, England. Wires appealed the enforcement decision, challenging the arbitrator's impartiality and the respondent's standing due to alleged misidentification.
Background: The arbitration dismissed Wires' claims, imposing significant costs on him. Wires contested the enforcement in Ontario, asserting procedural errors and questioning the impartiality of the arbitrator. He also claimed the La Française IC 2, SICAV-FIS was incorrectly named in the award.
Court Analysis:
Outcome: The appeal was dismissed, with the court affirming the enforcement of the Arbitration Award. Costs of the appeal were awarded to La Française IC 2, SICAV-FIS, also known as IC2 Fund, SICAV-FIS, in the amount of $25,000.
Court
Court of Appeal for OntarioCase Number
COA-23-CV-0822Practice Area
Civil litigationAmount
$ 25,000Winner
ApplicantTrial Start Date
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