Tag Archives | Mohamed Karbal

Arrest of Ships in Accordance with Libyan Law

By Dr. Mohamed Karbal,  Managing Partner at Karbal & Co. Despite the current security problems, the Libyan government due to its efforts to rebuild the New Libya, has situated the nation at the apex of a widely-anticipated economic boom of development in all sectors. Prior to the revolution of 2011, Libya’s exports reached $30 billion […]

Libyan Construction Law: Contractor’s Liabilities

By Dr. Mohamed Karbal,  Managing Partner at Karbal & Co. Libyan Construction Law: Contractor’s Liabilities Prior to the upheaval of the February 2011 revolution, Libya was already contending with various economic problems. Forty years of the Gaddafi regime’s irrational strategic planning and an apathetic mindset left Libya among the least developed countries. Hospitals taking 30 […]

Libyan Investment Law: Foreign Oil Companies

By Dr. Mohamed Karbal,  Managing Partner at Karbal & Co. Libya is not only notorious of being one of the toughest Middle East countries in enacting oil regulations but also is known for its rigorous negotiation tactics. The Libyan Petroleum Law no. 25 of 1955 divided concession areas into small exploration sections not exceeding 75,000 […]

Foreign Contractors Resorting to Force Majeure under Libyan Law

By Dr. Mohamed Karbal. Re-published with permission by Libya Business News. After decades of oppression and injustice, the Libyans, after many attempts, were finally successful in their eradication of the Gaddafi regime. Peaceful demonstrations initiated by the Libyan people morphed into armed conflict due to the irresponsible and brutal acts of the regime. As a […]