Organisation: Olin
US court upholds dairy investor’s award against Libya
A US court has upheld a €19 million treaty award against Libya over the expropriation of a dairy and juice factory, rejecting the state’s argument that a lower court should have independently reviewed the tribunal’s jurisdictional findings.
14 July 2023
Dairy investor enforces award against Libya
A US court has enforced a €19 million treaty award against Libya over an expropriated dairy and juice factory, rejecting arguments that an ICC panel’s findings were “irrational and absurd” or that the Libyan or French courts were more suitable venues for enforcement.
30 March 2022
Libya opposes US enforcement of treaty award
Libya has instructed counsel for a bid to overturn a New York state court’s decision to enforce a €20 million investment treaty award won by a Cypriot investor in a dairy and juice factory.
13 May 2021
Cypriot investor seeks to enforce against Libya
A Cypriot company is seeking to enforce a €20 million investment treaty award against Libya arising from the expropriation of a dairy and juice factory.
10 March 2021
Dow seeks to enforce award over chlorine facility
Michigan-based Dow Chemical has applied to a New York district court to confirm an ICC award relating to a chlorine production facility in Louisiana.
28 August 2020