“Following the Money in Libya” by Elisabeth Braw

Two competing heads, mostly frozen assets: Libya’s collapse has damaged its sovereign wealth along with its ability to function as a country. “Functionally the LIA has lost relevance due to its disputed leadership and frozen asset pool,” explained Patrick Schena, an assistant adjunct professor at Tufts University’s Fletcher School of Law and Diplomacy and co-head of the Fletcher Network for Sovereign Wealth and Global Capital. “Its international import today, to the extent it is relevant, might be most attributable to its outstanding legal proceedings against Goldman Sachs and Société Générale and their implications for other asset owners.”

Read the full article, featuring quotes and insight from Prof. Schena, in National Interest