GECI International Prevails in Legal Dispute with Grand Est Region

On December 3, 2025, France's Cour de cassation ruled in favor of GECI International, concluding a long-standing dispute with the Grand Est region. The legal issue centered on various financial guarantees related to advances made to Sky Aircraft in 2011. The court confirmed that the second guarantee, valued at €6.1 million, was unenforceable against GECI due to improper approval procedures outlined in Article L.225-35 of the French Commercial Code.

The decision absolves GECI from repaying the €6.1 million. The third advance of €5 million remains, with €4 million already withheld. Repayment of the €1 million balance is capped at 10% of the annual net income under a specific agreement. This ruling allows GECI to resolve a decade-old dispute. The company remains focused on its strategic growth within the digital and technology sectors.