Indian investor’s Covid plea unable to save claim against Libya

Indian investor’s Covid plea unable to save claim against Libya

Indian investor’s Covid plea unable to save claim against Libya

An UNCITRAL tribunal has terminated an Indian construction company’s US$110 million treaty claim against Libya for a failure to pay required advances, despite a plea from the investor that coronavirus conditions in its home country warranted granting an extension.

For more information, please see https://globalarbitrationreview.com/indian-investors-covid-plea-cant-save-claim-against-libya

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