US $1 billion award against Libya annulled by the Cairo Court of Appeal

US $1 billion award against Libya annulled by the Cairo Court of Appeal

In Mohamed Abdulmohsen Al-Kharafi & Sons Co v Libya & Ors, the Cairo Court of Appeal annulled an arbitral award in relation to a dispute between a Kuwaiti company Mohamed Abdul-Mohsen Al-Kharafi and the Libyan government.
 

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