Libya fails to overturn Austrian investor’s award
Tripoli, Libya (Credit: Shutterstock, Hussein Eddeb)
UPDATED: A US court has confirmed an investment treaty award requiring Libya to pay €84 million to an Austrian engineering company for construction contracts that were disrupted by the country’s 2011 revolution, as details of a separate award against the state worth €280 million emerge.
To read more
Subscribe to Global Arbitration Review
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Arbitration Review experts.
Subscribe now