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Libya fails to annul 74 million Euro award to Strabag for construction projects

bySami Zaptia
October 7, 2021
Reading Time: 1 min read
A A
Libya fails to annul 74 million Euro award to Strabag for construction projects

By Sami Zaptia.

London, 7 October 2021:

A U.S. District Court has declined Libya’s request to set aside the treaty-based Strabag v Libya award.

The court dismissed Libya’s argument at the beginning of this month that due to the tribunal majority’s refusal to set off certain advance payments from damages awarded, the award was not final.

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