Libya vs Strabag: Tripoli refuses to give in – opts to appeal

Despite two legal setbacks in its dispute with the Austrian public works company, Libya remains confident of a decision in its favour.

08/11/2021 at 13h00, by Africa Business+

In Washington, the Libyan government instructed Curtis, Mallet-Prevost, Colt & Mosle LLP to file an appeal with the Court of Appeals for the District of Columbia. This action comes less than a month after the first US court upheld the €75 million arbitration ruling of the International Centre for Settlement of Investment Disputes (ICSID).

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