NOC loses judgment in a case in which it is not a party, but to appeal in final court of appeal
Jul 23 Sami Zaptia

NOC loses judgment in a case in which it is not a party, but to appeal in final court of appeal

‎Libya’s state National Oil Corporation (NOC) issued a Press Briefing‎ today on the back of news that some of its assets abroad have been seized throu...

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Judgment in favour of Libyan state against Turkish company ‘Itrak’ in US$ 21.3 million case
Nov 10 Sami Zaptia

Judgment in favour of Libyan state against Turkish company ‘Itrak’ in US$ 21.3 million case

The Head of the Disputes Committee Abroad of the Libyan Litigation Department of the Supreme Judicial Council announced today that it succeeded in obt...

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Libyan Foreign Bank issues statement on alleged nationalization of its stake in the Burkinabe Commercial Bank
May 29 Sami Zaptia

Libyan Foreign Bank issues statement on alleged nationalization of its stake in the Burkinabe Commercial Bank

The state owned Libyan Foreign Bank issued a press release dated Sunday 26 May clarifying its position regarding the alleged nationalization of its st...

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Mellitah Oil wins US$ 60 million Paris court appeal defence against Italy’s Sicon Oil
Feb 8 Sami Zaptia

Mellitah Oil wins US$ 60 million Paris court appeal defence against Italy’s Sicon Oil

Libya’s state Mellitah Oil & Gas Company reports that it has won a case before the Paris Court of Appeal against Italy’s Sicon Oil & Gas Compa...

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Paris Court of Appeal rejects Turkish company Guris case - requires it to pay legal expenses
Jan 17 Sami Zaptia

Paris Court of Appeal rejects Turkish company Guris case - requires it to pay legal expenses

Libya’s Overseas Disputes Department of the Supreme Judicial Council announced that the Paris Court of Appeal ruled at the 19 December 2023 session in...

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LIA frees its last French-based assets under court seizures
Nov 28 Sami Zaptia

LIA frees its last French-based assets under court seizures

The Libyan Investment Authority (LIA) announced Saturday that for the first time since 2013, its assets in France are free of any judicial seizures.It...

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Libyan state successful in two € 30 million court cases- against three Swiss companies and a Tunisian company
Oct 6 Sami Zaptia

Libyan state successful in two € 30 million court cases- against three Swiss companies and a Tunisian company

The Libyan state was able to obtain two successful rulings in September and October involving the equivalent of € 30 million.Libya’s Supreme Judicial...

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Libya wins defence in case against Korea’s LD 661 million Shinhan Construction Company claim
Apr 27 Sami Zaptia

Libya wins defence in case against Korea’s LD 661 million Shinhan Construction Company claim

The Libyan External Disputes Department of the Cases Department headed by Counsellor Ahmed Mukhtar Bazama (Head of the Cases Department and Chairman o...

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Libya wins Euro 275 million court case in Tunisia against Siba Plast
Apr 8 Sami Zaptia

Libya wins Euro 275 million court case in Tunisia against Siba Plast

The Litigation Department of Libya’s Supreme Judicial Council reported last week that the Libyan state achieved ''another victory'' after it obtained...

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France’s highest court invalidates executive seizures submitted by the Kuwaiti Al-Kharafi Group against LIA
Sep 7 Sami Zaptia

France’s highest court invalidates executive seizures submitted by the Kuwaiti Al-Kharafi Group against LIA

The French Court of Cassation, France’s highest court, today invalidated the executive seizures submitted by the Kuwaiti Al-Kharafi Group against the...

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