Peru liable in metro dispute at ICSID
Work on the project (Credit: Metro de Lima Línea 2)
An ICSID tribunal has held Peru liable in a contractual claim over a project to build Lima’s second metro line, ruling that the state was responsible for delays in the works and must pay damages – also dismissing a US$700 million counterclaim.
To read more
Subscribe to Global Arbitration Review
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Arbitration Review experts.
Subscribe now