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Arbitration Law No.10 of 2023

Arbitration Law No.10 of 2023
Legal Update
5 November 2024 Legal Update

Arbitration Law No.10 of 2023

Executive Summary

The Libyan House of Representatives recently issued Law no.10/2023 regarding Commercial Arbitration. This law regulates the procedures relating to arbitration in commercial disputes.

The Libyan House of Representatives recently issued Law no.10/2023 regarding Commercial Arbitration. This law regulates the procedures relating to arbitration in commercial disputes in Libya.

The law introduces modern arbitration standards aligned with international best practices, providing a clearer framework for dispute resolution and strengthening Libya's position as a viable jurisdiction for commercial arbitration.

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