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UPDATED: A Cayman-headquartered company has filed an ICSID claim against Mexico worth almost US$60 million over a cancelled contract for a water treatment plant.
10 February 2022
A Singaporean marine services provider has been awarded damages in a treaty claim against Mexico relating to the seizure of vessels during a fraud investigation, as a related ICSID claim by a Dutch bank is discontinued.
12 January 2022
Mexico has asked a US court to vacate a NAFTA award that requires it to pay US$47 million to a Canadian fund in compensation for a denial of justice – as a Canadian court strikes out evidence presented by another investor seeking to revive a claim under the trade agreement.
08 December 2021
Mexico has been hit with a second ICSID claim relating to a venture to provide digital technology for taxis – as Guatemala faces a claim by a Panamanian investor in a hydroelectric project.
16 November 2021
A NAFTA tribunal has ordered Mexico to pay US$47 million to a Canadian real estate investor over the failure of the country’s courts to address evidence that it was the victim of a fraud.
22 September 2021
Mexico says it has defeated an investment treaty claim for more than US$120 million brought by France's Eutelsat over the reservation of satellite capacity for use by the state.
17 September 2021
Live Nation has revived a deal to acquire a Mexican live entertainment business for over US$440 million, suspending an ICC arbitration in which it had sought to abort the purchase because of the covid-19 pandemic.
15 September 2021
A Houston energy company has threatened Mexico with a treaty claim after the country’s national petroleum company, Pemex, was designated as the operator of an offshore oilfield.
06 September 2021
An AAA tribunal has dismissed a US$55 million claim against BP by subsidiaries of a Bermudan deepwater drilling contractor over tax liabilities.
06 August 2021
A Mexican state-owned electric utility facing a US$40 million LCIA claim from a Texas energy company has warned it will pursue civil and criminal proceedings against the claimant, alleging that its contracts were procured through corruption.
21 July 2021
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