(The following information was supplied by the firm)
Itkan Law is an independent law firm established in Tripoli, Libya, in 2005. The firm brings together some of the most experienced legal practitioners and scholars in Libya. In addition to our head offices in Tripoli, we have just launched our first regional office in Benghazi in July 2020.
Founded by Mr Albudery Shariha, whose former posts include partner at Clyde and Co. between 2012 and 2016, and General Counsel at the Libyan Investment Authority (LIA) since 2007. Albudery has nurtured an extensive network of regional and international affiliates, offering expert legal advice and professional services to multinational corporate client and international governments on a broad range of complex cross-jurisdictional matters arising under Libyan law.
We cooperate with several national and international networks of affiliated legal professionals; with access to extensive strategic and operational resources. Our team has considerable experience working with leading multinational law firms on cross jurisdictional cases concerning both private and state entities in Libya. We have been appointed by various government legal departments as legal experts on high profile cases regarding Libyan jurisdiction. We are also members of the advisory board to the Libyan Centre for international Commercial Arbitration.
Our team hails from all of Libya’s regions. Our barristers, lawyers and consultants have over 200 years of combined legal experience, including a former supreme court justice and director of public prosecution. Our partners are admitted before all courts of law in the State of Libya, including the Court of Appeal and the Supreme Court. Our client base includes Fortune500 companies, Silicon Valley heavyweights, State Legal departments of G20 nations, and other corporate clients from around the world.
The team is active in academic and humanitarian fields, whether contributing to reputable publications such as the Bloomberg International Tax Guide and LexisNexis MENA Business Law Review, or supporting EU efforts to tackle human trafficking and illegal migration in Libya, among various other noteworthy initiatives. The team has previously worked with the Cyrus R. Vance Centre for International Justice and Clifford Chance on the Vance Centre Environment Programme. This was a comprehensive research programme on the Right to a Healthy Environment with the UN Special Rapporteur on Human Rights and the Environment.
Partners : 3
Consultants : 5
Associates : 2
Junior Associates : 1
Paralegals : 1
Chairman & Founding Partner
Mr Albudery Shariha
General Business Law
Our overall conclusion is that the new draft Companies Law has addressed various anomalies that existed under the prevailing legal framework ibya: FDI In Libya: The Way. We note that the Libyan government is planning to introduce many new laws over the coming few months. One of the most important of which will be the new […]
As the only international law firm operating in Libya, we fully understand and appreciate that we work in an environment in which diverge… FDI laws in Libya, In short, Decree 207 states that non-Libyans can only hold up to 49% in a company in Libya. However, the Investment Law provides that under certain circumstances (e.g. […]
The requirements on foreign companies present a number of obstructions to their freedom of operation. Thus, this advisory opinion highlights the legal framework pertinent to Libyan market accessibility, and the appropriate legal form and business organisation, by foreign investors under Libyan laws and jurisdiction. Three key pieces of legislation are the 1954 Civil Code, the […]