LIBYA Issue dated 24/11/2020

Libya rocks arbitration world after convincing French court to cancel $452m Sorelec award

On November 17, the Paris Appeal Court overturned a arbitration ruling ordering Libya to pay €452m to French company Sorelec. In so doing, it has got Fayez Sarrez's government in Tripoli out of a hole... but also caused a major stir in the hush-hush world of international arbitration. [...] (631 words)
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