Sayfa 214V. Unforeseen POLITICAL Risks: Case Study #4-Doing Business in Libya
This case study relates to a contract for the construction of works in Libya. The…
The contract included the following force majeure clause:…
“Article (36)…
Force Majeure…
In the event of unforeseen and unpreventable general circumstances that render implementation of contractual obligations an exhausting [sic],…
When violence erupted in Libya in 2011-2012, the contractor suspended work and de-mobilised…
At the beginning of 2019, the situation became more, but not entirely, calm. The…
This left the contractor with a difficult choice. It could avoid any risks of unjustified…
This case study prompted Mr Yamantürk to conduct an informal research of force majeure…