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The Minister of Justice of the interim government, Marie Claude Najm, announced, in a statement, that “the compensation owed to the Lebanese state exceeds $ 250,000 in a lawsuit filed before the arbitration court of the International Center for Settlement of Investment Disputes in Washington “.
Noting that “on 01/14/2021, the arbitration panel of the International Center for Settlement of Investment Disputes (ICSID) in Washington issued the final decision in the arbitration claim filed against the Lebanese state by Mr. Abdel Jaouni and the company Imperial Holding SAL, and the direct cause of the dispute was the The General Directorate of Civil Aviation of the Ministry of Works and Transport annulled the AOC and GHC certificates belonging to Imperial Jet SAL, and the plaintiff demanded the Lebanese State, initially , a compensation in excess of 1,200 million dollars.
After six years of arbitration proceedings, the arbitral tribunal rejected most of the claimant’s requests and assessed the damages and adopted the methodology presented by the Lebanese state through financial experts. The compensation was set at approximately $ 218,000 USD. In fact, the plaintiff assumed a portion of the arbitration costs incurred by the state. So Lebanon is entitled to more than $ 250,000 in custody of the plaintiff, and this is an important legal and judicial victory for Lebanon, and it is noteworthy that this case coincided with attempts to misrepresent the facts, and the approval of a Draft reconciliation contract worth $ 148 million to collect the fees the plaintiff claims to demand from him in The Lebanese State Responsibility, which was addressed at the time. The sentence handed down by three foreign international arbitrators belonging to an international arbitration institution came to prove the falsehood of the complaints made and to bring justice to the Lebanese state.
He stressed that “Lebanon would not have achieved this result without the efforts made with great professionalism by those involved in the processing of the case, especially the work team of the French law firm Bredin Prat, who was chosen to assist the Head of the Authority of Cases of the Ministry of Justice in the defense of the Lebanese State in the case “. “The arbitration office in Washington, with special mention of the fruitful cooperation between the administration, the Case Authority and the Ministry of Justice. This is an opportunity to emphasize the need to establish the rules of good governance in the public administration to preserve public money and the rights of citizens. “
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