Trasta Energy Limited (United Arab Emirates) v. The State of Libya
Permanent Court of Arbitration · Interstate and investor-state (PCA) · International · 1976
Why it matters
Trasta Energy Limited (Private entity ) v. The State of Libya, an investor-state arbitration, in which an investor brought claims against a state, administered by the Permanent Court of Arbitration in The Hague. The matter is known as the Trasta Energy Limited v. The State of Libya. For a student, the PCA is the oldest institution for resolving international disputes, and its cases range from boundary and treaty disputes between states to investor-state and commercial arbitrations. This is a worked example of how international arbitration operates above the level of any single national court.
Summary
Trasta Energy Limited (Private entity ) v. The State of Libya, an investor-state arbitration, in which an investor brought claims against a state, administered by the Permanent Court of Arbitration in The Hague. The matter is known as the Trasta Energy Limited v. The State of Libya. For a student, the PCA is the oldest institution for resolving international disputes, and its cases range from boundary and treaty disputes between states to investor-state and commercial arbitrations. This is a worked example of how international arbitration operates above the level of any single national court.
The detail
Parties: Trasta Energy Limited (Private entity ) v. The State of Libya
Case number: 2020-09
Outcome: Status: Pending
Applicable law: The applicable treaty, contract or arbitration rules; see the original.
Issues in play: Public international law / investment law
Read the full decision at Permanent Court of Arbitration ↗
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