Libya challenges €83 million Washington tribunal’s arbitration award favouring Strabag
The government is seeking either to obtain the annulment of the arbitration tribunal’s decision or, where appropriate, to reduce the damages awarded by the amount of the advances already paid.
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▪ Libya challenges €83 million Washington tribunal’s arbitration award favouring Strabag
▪ The government is seeking either to obtain the annulment of the arbitration tribunal’s decision or, where appropriate, to reduce the damages awarded by the amount of the advances already paid.
▪ https://www.africabusinessplus.com/en/807428/libya-challenges-e83-million-washington-tribunals-arbitration-award-favouring-strabag/
Six months after filing an appeal with the District Court in Washington, Libya hopes that Judge Dabney Friedrich will rectify the award of the International Centre for Settlement of Investment Disputes (ICSID) in its dispute with Strabag SE.
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