Tekfen and TML v. Libya (1)

You are not logged in. If you are a subscriber, please Login to view additional case details. If you are not a subscriber, you can contact us for a rate quote at subscribe@iareporter.com. Alternatively, you can sign up to receive free email headlines here.

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

You are not logged in.

You are not logged in.

You are not logged in.

You are not logged in.

You are not logged in.

You are not logged in.

You are not logged in.

You are not logged in.

You are not logged in.

Major Developments

Annulment/Set-Aside Decision:

You are not logged in.

Counsel

Counsel for Claimant:

You are not logged in.

Counsel for Respondent:

You are not logged in.

Libya wins one and loses one, as new bilateral investment treaty awards are rendered Feb 18, 2020

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