German Appeal Court Confirms Enforceability of €75+ Million ICSID Award Against Libya

By Diego Luis Alonso Massa, 22 August 2022

The Berlin Court of Appeal has upheld Strabag SE’s €75 million ICSID (AF) arbitration award as enforceable against Libya, according to a press release issued by the law firm Gleiss Lutz. In a decision dated 4 August 2022, the Court of Appeal ruled that the award was enforceable in Germany in the amount claimed – without a hearing being required....
URL: https://taobserver.com/news/228/german-appeal-court-confirms-enforceability-of-75-million-icsid-award-against-libya

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