Olin Holdings Limited v. State of Libya

  1. July 12, 2023

    Libya Can't Escape $20M Arbitration Award, 2nd Circ. Says

    The Second Circuit on Wednesday upheld a $20 million arbitral award that a Cypriot dairy and juice factory investor won against Libya, finding that the company hadn't given up its right to arbitrate the dispute by first suing the country in Libyan court and that the parties had "clearly and unmistakably" agreed to give arbitrators the primary power to decide jurisdictional issues. 

  2. May 15, 2023

    2nd Circ. Asks Why Libya Joined Arbitration In $20M Fight

    A Second Circuit panel appeared troubled during oral arguments on Monday by Libya's decision to participate in an arbitration that ultimately resulted in a $20 million arbitral award favoring a Cypriot dairy and juice factory investor, despite the country's jurisdictional objections.

  3. November 17, 2022

    Libya Defends Inconvenient-Forum Defense In Award Fight

    Libya has urged the Second Circuit not to revisit its precedent holding that courts can dismiss litigation to enforce a foreign arbitral award if a more convenient forum is available, as it fights to reverse a lower-court order enforcing a $20.7 million arbitral award against it.