Region: Mexico
Mexico knocks out treaty claim over land seizures
An UNCITRAL tribunal has declined jurisdiction over a US$80 million claim brought against Mexico by a group of hotel investors over the seizure of properties in a tourist hotspot.
23 November 2022
Miner hits Mexico with NAFTA claim over VAT rebates
A US precious metals producer has made good on its threat to file a NAFTA legacy claim against Mexico over its tax authorities’ refusal to grant VAT refunds on royalty payments.
11 November 2022
Mexican land seizure prompts threat of NAFTA claim
A Michigan-based investor has threatened Mexico with a US$3 billion NAFTA legacy claim after authorities expropriated its agricultural land in purported reliance on a presidential resolution issued more than 80 years ago.
01 November 2022
Curtis wins bid to advise Mexico in 13 disputes
Curtis Mallet-Prevost Colt & Mosle has won a tender to advise Mexico in 13 investment disputes after seeing off competition from six other firms.
07 October 2022
Businessman backs Mexico’s challenge to NAFTA award
A businessman has made an unusual intervention in support of Mexico’s challenge to a NAFTA award, arguing the arbitrators’ finding that he masterminded a fraudulent scheme was “devastating” to his reputation.
06 October 2022
Mexican utility liable in LCIA dispute over power plant
An LCIA tribunal has ordered Mexico’s state-owned electric utility to pay US$22 million to a consortium of Spanish construction companies for cost overruns at a power plant project – as details emerge of a separate award issued against the utility last year.
04 October 2022
Shell complies with ICC award over LNG facility
The US operator of a liquified natural gas storage facility in Mexico has halted efforts to enforce an ICC award in a US$1.3 billion dispute with subsidiaries of Shell and Gazprom, saying the Shell unit is now in “full compliance” with the award.
30 September 2022
New ICSID claims against Qatar and Mexico
A French-Algerian consultant has taken Qatar to ICSID, while Mexico is facing a claim by a US investor in its capital city’s parking system.
15 September 2022
Shell and Gazprom chased over LNG storage award
The operator of an LNG storage facility in Mexico has asked a US court for leave to subpoena affiliates of Shell and Gazprom in aid of efforts to enforce a now-public ICC award worth more than US$600 million.
31 August 2022
Mexican utility reaches deal to end pipeline disputes
A Canadian energy infrastructure group says it has reached a deal with a Mexican state utility to develop a new US$4.5 billion offshore natural gas pipeline, bringing an end to a pair of LCIA arbitrations relating to existing onshore pipelines.
08 August 2022