KUWAIT LIBYA

Paris FNAC store case to be heard by France's Court of Cassation in March

The FNAC store on Paris' Avenue des Ternes.
The FNAC store on Paris' Avenue des Ternes. © Olivier Boitet/Le Parisien/PhotoPQR/MaxPPP
Kuwaiti construction group Al Kharafi, which is seeking $1bn in compensation from the Libyan Investment Authority following the cancellation of a big property project in Janzour, has had seized a number of the authority's assets in France, among them the FNAC store in Paris's Avenue des Ternes. [...] (295 words)
Issue dated 20/01/2021 Reading time 2 minutes
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