In Libya’s evolving commercial landscape, many companies are founded and operated by multiple shareholders, whether through family-owned enterprises, joint ventures, or investment driven structures. While Libyan Commercial Law provides the legal foundation for company formation and governance, experience shows that long term corporate stability often
Within the framework of the State’s endeavour to develop infrastructure and improve the quality of public services, and with the aim of attracting private sector expertise for strategic projects that contribute to advancing economic and social development, Cabinet Decision No. (507) of 2025 establishes the
Abstract In a decision with concerning implications for sovereign immunity and enforcement of investor-state arbitral awards, the Paris Court of Appeal affirmed that Libya’s National Oil Corporation (NOC) operates as an alter ego and can be treated as an extension of the Libyan state, thereby
1. Executive Summary Libya’s courts remain heavily dependent on paper archives, carbon-copy pleadings, and hand-written registers. The resulting delays, loss of files, and evidentiary gaps undermine due-process guarantees in Articles 31–33 of the Interim Constitutional Declaration and erode public confidence.This memorandum outlines a phased, AI-enabled digital
Libya’s Renewable Energy Journey: Comparative Lessons from Egypt and Saudi Arabia As the world shifts toward a cleaner energy future, Libya is stepping up its efforts to harness its abundant solar resources and diversify its energy mix. With a national target to generate 4 gigawatts
Foreign judgements are judgements issued by a court or governing body in one jurisdiction against a party in another jurisdiction. The parties to these disputes may experience challenges in retaining their rights and exploiting the prospects awarded to them when faced with the barrier of
Our firm proudly has been ranked for another consecutive year as Band 1 Top Tier firm by the esteemed 2023 Chambers Global Guide legal directory. We are also delighted with Dr. Tumi’s 22nd ranking achievement in Band 1 for ranked lawyers, in addition to one
Prima facia, the Libyan Ministry of Justice Department’s legal opinion and response to the Deputy Minister of Economy is indeed a reassuring legal piece to foreign investors. It reinforces that foreign investment can take many legal forms and is thus not restricting nor confining foreign
The Ministry of Economy has on 19th of May 2022 issued a new code of conduct to govern the behavior and internal policies of companies and branches present in Libya. The Resolution No. 494 of 2022 regarding the adoption of the Code of Conduct for Companies