Libya
In Paris, LIA wins some and loses some in marathon Siba Plast affair

The premises of the Fnac building in Les Ternes, Paris, are being seized.
The premises of the Fnac building in Les Ternes, Paris, are being seized. © Marlène Awaad/IP3 Press/MaxPPP
The Libyan sovereign fund and its subsidiary LAFICO have made successful appeals against Tunisian company Siba Plast, which is looking to seize €280m worth of assets from them in France. However, LIA companies which own real estate in Paris had the seizures against them confirmed. [...]
Published on 21.04.2022 at 06:00 GMT Reading time 4 minutes
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