Rebalancing Administrative Contracts Under Libyan Law

Dr. Mohamed Karbal is licensed to practice law in Libya, New York and Washington D.C. and served as an expert witness on Libyan law on behalf of Man-made River in Tekfen-TML Joint Venture v. Man-made River. Karbal & Co is a full-service international law firm that serves the needs of businesses and governments in Libya and Washington D.C.

Under the Libyan Civil Code, a Libyan tribunal is empowered to adjust or rebalance a civil contract to "restore its equilibrium" as a result of extraordinary or unforeseen events if one party may still continue the performance of the contract. A Libyan judge may rebalance the contract due to unforeseen events or circumstances (La théorie de l'imprevision).