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Suspension of the Injunctive Order Against Shakshak After Its Issuance by Nalut Primary Court Pending a Ruling on the Appeal… Follow the Details

Written by Amira Cherni on . Posted in News. No Comments on Suspension of the Injunctive Order Against Shakshak After Its Issuance by Nalut Primary Court Pending a Ruling on the Appeal… Follow the Details

The Nalut Primary Court has issued a new injunctive order against Khaled Shakshak, mandating his cessation of duties as the head of the Audit Bureau due to the loss of his legal standing based on this order. The order also obliges both the Prime Minister of the Government of National Unity and the Central Bank of Libya not to recognize any decisions or correspondences issued by Khaled Shakshak, as per the ruling made in response to a complaint filed by Malik Baiou.

Additionally, the injunctive order issued against the head of the Audit Bureau, Khaled Shakshak, has been suspended pending a ruling on the appeal, following a grievance filed before the President of the Gharyan Court of Appeal, with a session scheduled for March 23, 2025. An appeal against the aforementioned injunctive order has also been filed before the Nalut Primary Court, which has set a session for April 9, 2025.

British Website: Libya Loses Appeal Against Enforcement of International Arbitration Award in Favor of British Company

Written by Amira Cherni on . Posted in Reports. No Comments on British Website: Libya Loses Appeal Against Enforcement of International Arbitration Award in Favor of British Company

A legal report published by The International Comparative Legal Guides revealed that the British Court of Appeal has rejected Libya’s appeal against the enforcement of an international arbitration award in favor of a British defense company. This ruling opens the door for the decision to be executed after nearly a decade-long dispute.

The report explained that the case involves General Dynamics United, the British branch of an American defense company, which secured an arbitration ruling allowing it to claim Libyan assets in the UK.

The dispute dates back to a contract signed between Libya and the company on May 5, 2008, for the supply of a tactical communications and information system worth £84 million. The contract included an arbitration clause governed by Swiss law, with the International Chamber of Commerce (ICC) designated as the dispute resolution body.

According to the report, an ICC arbitration panel based in Geneva awarded the company over £16 million in January 2016. In July 2018, the High Court in London issued an order to enforce the ruling, but Libya failed to pay the required amount.

In March 2024, General Dynamics United took further legal action in the UK courts, leading Judge Belling KC to issue a final order imposing charges on a Libyan state-owned property in North London, the report stated.

In November 2024, Libya appealed the ruling before a panel of Court of Appeal judges, including Lord Justice Lewison, Justice Phillips, and Justice Zacaroli. However, on February 19, 2025, the court rejected the appeal, upholding the previous decision.

According to the report, this ruling paves the way for seizure proceedings on Libyan assets in the UK unless a settlement is reached with the claimant company.

Africa Intelligence: French Court Rules in Favor of Libya in the “Siba Plast” Case

Written by Amira Cherni on . Posted in News. No Comments on Africa Intelligence: French Court Rules in Favor of Libya in the “Siba Plast” Case

The French intelligence site Africa Intelligence reported today, Monday, that a French court has ruled in favor of Libya in the case involving the Siba Plast company.

The site confirmed that the Paris Court of Appeal ordered the cancellation of an enforcement order issued by another French court in 2017 in favor of the Tunisian company, according to the French site.