Tekfen and TML v. Libya (1)

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Case Details

Year of Filing: 2015

Claimant(s): Tekfen-TML Joint Venture, Tekfen Insaat ve Tesisat A.S., TML Insaat A.S.

Respondent(s): Libya, Man-Made River Authority (Libya)

Arbitral Rules: ICC

Legal Instrument: Contract

Administrative Case Number: ICC Case No. 21137/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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Counsel for Respondent:

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ICC award that had declined jurisdiction over Libya survives investors’ annulment bid Oct 9, 2019

Libya Round-up: new investment treaty claims, new rulings, and updates on arbitrator appointments May 23, 2019

ICC tribunal weighs in with $40+ million award arising out of Tekfen and TML investment project in Libya Nov 6, 2018

As series of Turkey-Libya BIT arbitrations proceed, tribunals are taking different approaches to Libya’s contention that treaty’s entry-into-force rules out civil war-related claims Sep 25, 2017

As Libya begins to see wave of investment treaty arbitrations, at least seven Turkish BIT claims are pursued at ICC Mar 31, 2017

Investigation: As new cases emerge under Islamic investment treaty, initial viability of claims seems to hinge on willingness of respondents to appoint arbitrators Mar 2, 2017