Wary DC Circ. Mulls Libya's Bid To Nix €83M Award - News Summed Up

Wary DC Circ. Mulls Libya's Bid To Nix €83M Award


By Khorri Atkinson (May 9, 2022, 6:13 PM EDT) -- A D.C. Circuit panel appeared reluctant Monday to overturn a district court order last year affirming an arbiter's ruling that Libya must pay an €83 million ($87.6 million) award to an Austrian construction company over disputed infrastructure projects. Two judges suggested during oral arguments that a tribunal of the International Centre for Settlement of Investment Disputes had already litigated issues in the case. Access to case data within articles (numbers, filings, courts, nature of suit, and more.) Create custom alerts for specific article and case topics and so much more!


Source: Libya Today May 09, 2022 22:21 UTC



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