2026-04-14 - CoA - La Siddhi Consultancy v. Athena Pharmaceutiques et al. - UPC-COA-0000048/2026
- Aktenzeichen:
- UPC-COA-0000048/2026
- Datum:
- Spruchkörper:
- Court of Appeal - Luxembourg (LU)
- Art:
- Order
- Parteien:
- La Siddhi Consultancy Limited. v. Athena Pharmaceutiques SAS, Substipharm
Kernaussage: The Court of Appeal rejected an application for suspensive effect lodged against a Central Division Milan order requiring the Applicant to provide €75,000 security for costs under R.
2026-04-14 - CoA - La Siddhi Consultancy
v.
Athena Pharmaceutiques et al. - UPC-COA-0000048/2026
routine
The Court of Appeal rejected an application for suspensive effect lodged against a Central Division Milan order requiring the Applicant to provide €75,000 security for costs under R. 158 RoP. The CoA reaffirmed that although R. 223.5 RoP excludes suspensive effect for orders within R. 220.2 RoP, the overriding framework of Art. 74 UPCA (which prevails over the RoP under R. 1.1 RoP) nonetheless permits suspensive effect in exceptional circumstances. Such circumstances are limited to manifest error, irreversible consequences rendering the appeal devoid of purpose, or infringement of fundamental procedural rights. None of these were substantiated here — the Applicant's reliance on SME status alone was insufficient, and a deposit/guarantee for costs is by nature reversible.