Tag Archives | International Court of Arbitration

Libya "wins Lawsuit against Foreign Investor"

By John Lee. Libya's Ministry for Justice has reportedly won an appeal against a lawsuit filed by a foreign investor seeking $120 million in compensation. Xinhua quotes the justice ministry's lawsuit department as saying: "The lawsuit department has won an appeal of the verdict issued by the international arbitration tribunal in Paris in December 2016 in […]

Libya "Wins Case" against Brazilian Companies

By John Lee. Xinhua reports that the Libyan government has won a legal case against two Brazilian construction companies that claimed $96 million in damages due to the suspension of their projects in Libya. The Libyan Audit Bureau said the International Court of Arbitration, part of the International Chamber of Commerce (ICC) in Paris, rejected […]