Sorelec v. Libya

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Case Details

Year of Filing: 2013

Case Status: Set Aside Concluded

Claimant(s): Sorelec

Respondent(s): Libya

Arbitral Rules: ICC

Legal Instrument: Treaty

Treaty: France-Libya BIT

Administrative Case Number: ICC Case No. 19329/MCP/DDA

Arbitral Tribunal

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Major Developments

Annulment/Set-Aside Decision:

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Counsel

Counsel for Claimant:

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[Updated] Libya announces successful set-aside of 450 million EUR award, as French court finds underlying settlement tainted by corruption Nov 18, 2020

Libya round-up: In new award, tribunal orders €18.2m for expropriation and other treaty violations; hefty consent award in earlier-reported BIT case is also finalized; State agency reveals success in a third arbitration May 31, 2018

Libya round-up: state reports success in ICC arbitration with scandal-plagued Brazilian contractor; French investor’s BIT claim is roiled by Libya’s insistence that a purported settlement was not made by proper authorities Feb 25, 2018