Topic: Force majeure

Indian investor’s covid plea can’t save claim against Libya

An UNCITRAL tribunal has terminated an Indian construction company’s US$110 million treaty claim against Libya for a failure to pay required advances, despite a plea from the investor that coronavirus conditions in its home country warranted granting an extension.

02 August 2021

Pandemic performance and silver linings

A recent IBA event looked at contract performance and the potential rise in investor-state arbitrations in the Asia Pacific in the wake of the coronavirus pandemic - as well as searching for silver linings.

05 November 2020

GAR Live Lookback: force majeure and the impossibility to perform – shades of grey

27 May 2016

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