Arbitral Digest

Matter

Etrak Insaat Taahhüt Ve Ticaret Anonim Sirketi v The State of Libya

  1. 29 October 2012Libya

    29 October 2012Libya

    Judgment of the El Beida Court of First Instance dated 29 October 2012

    El Beida Court of First Instance

    Decision summary
    The El Beida Court of First Instance ordered Libya to pay Etrak sums arising from unpaid invoices for public-works contracts with Libyan entities in the 1980s; the judgment was later annulled on appeal.

    Supporting details

    2 participants
    State of Libya
    Etrak Insaat Taahhüt Ve Ticaret Anonim Sirketi
    El Beida Court of First Instance

    6 years, 6 months and 3 days later · 2376 days

  2. 2 May 2019Libya

    2 May 2019Libya

    Judgment of the North Tripoli Court dated 2 May 2019

    North Tripoli Court

    Decision summary
    The North Tripoli Court annulled the 9 December 2013 settlement agreement relied on in Etrak's investment-arbitration claim.

    Supporting details

    2 participants
    State of Libya
    Etrak Insaat Taahhüt Ve Ticaret Anonim Sirketi
    North Tripoli Court

    2 months and 20 days later · 81 days

  3. 22 July 2019Arbitration

    22 July 2019Arbitration

    ICC Award No. 22236/ZF/AYZ issued in Geneva on 22 July 2019

    International Chamber of Commerce

    Award no.
    22236/ZF/AYZ
    Decision summary
    The arbitral tribunal upheld jurisdiction over all of Etrak's claims, held that Libya had breached Article 2(2) of the Libya–Turkey bilateral investment treaty by failing to accord fair and equitable treatment, and ordered Libya to pay various sums.

    Supporting details

    2 participants
    Etrak Insaat Taahhüt Ve Ticaret Anonim Sirketi
    State of Libya
    International Chamber of Commerce

    3 years, 7 months and 20 days later · 1331 days

  4. 14 March 2023France

    14 March 2023France

    Judgment of the Paris Court of Appeal dated 14 March 2023

    Paris Court of Appeal, International Commercial Chamber, Division 5, Chamber 16

    Decision summary
    The Paris Court of Appeal confirmed the order granting exequatur to the 22 July 2019 ICC award and rejected Libya's request for exequatur of the North Tripoli judgment; the Court of Cassation later quashed this judgment.

    Supporting details

    2 participants
    State of Libya
    Etrak Insaat Taahhüt Ve Ticaret Anonim Sirketi
    Paris Court of Appeal, International Commercial Chamber, Division 5, Chamber 16

    1 year, 6 months and 25 days later · 575 days

  5. 9 October 2024France

    9 October 2024France

    Judgment of the French Court of Cassation, First Civil Chamber, in case T 23-14.368 dated 9 October 2024

    French Court of Cassation, First Civil Chamber

    Case no.
    T 23-14.368
    Citation
    Arrêt No. 363 FS-D
    Decision summary
    The Court of Cassation quashed the Paris Court of Appeal judgment that had confirmed exequatur of the ICC award and rejected Libya's request for exequatur of the North Tripoli judgment. It held that treating the dispute over the 2013 settlement as temporally autonomous from the earlier construction dispute placed it outside the bilateral investment treaty's material scope, and remanded the case to a differently composed Paris Court of Appeal. Libya was awarded EUR 3,000 under Article 700 of the French Code of Civil Procedure.

    Supporting details

    3 authorities · 14 participants
    State of Libya
    Representative
    SARL Delvolvé et Trichet (For: State of Libya)
    Etrak Insaat Taahhüt Ve Ticaret Anonim Sirketi
    French Court of Cassation, First Civil Chamber
    Judge
    Ancel
    Judge
    Guihal
    Judge
    Tréard
    Judge
    Kloda
    Advocate General
    Poirret
    Other
    Institutional administrator
    Vignes

    Authorities cited

    3
    • Bilateral Investment Treaty on the Promotion and Reciprocal Protection of Investments (BIT) (Treaty between Libya and Turkey concerning the Reciprocal Promotion and Protection of Investments, signed 25 November 2009)
      treaty
    • French Code of Civil Procedure
      statute
    • French Judicial Organisation Code
      statute

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Etrak Insaat Taahhüt Ve Ticaret Anonim Sirketi v The State of Libya · Matter