Morocco contends with Samir refinery closure fall-out on several fronts

The Casablanca commercial court is moving ahead with the liquidation of Mohammedia-based refinery company Société Anonyme Marocaine de l’Industrie du Raffinage (Samir) as legal actions continue on several fronts, including two arbitrations in the Washington-based International Centre for Settlement of Investment Disputes (Icsid). A number of offers have been made for the plant, which has been closed since 2015, but it is unclear if any have met the liquidator’s criteria.