US Court Confirms USD 21 Million Arbitral Award Against the State of Libya

By Diego Luis Alonso Massa, 6 May 2022

On 23 March 2022, the United States District Court for the Southern District of New York in Olin Holdings Limited v State of Libya granted Olin Holdings Limited’s Petition to confirm a final arbitral award issued by an ICC Arbitral Tribunal seated in Paris against the State of Libya....