Region: Peru
US gas investor brings claim against Peru
A US company has filed an ICSID claim against Peru, two years after it reportedly threatened the state with a US$590 million claim over its investments in a gas refinery.
16 December 2020
Peruvian state bank settles gold mine dispute
A Peruvian state-owned development bank has agreed to pay US$34 million to a Canadian-listed mining company to satisfy a Lima arbitration award and settle a dispute over the financing of a gold project.
30 November 2020
Lima pursues corruption challenge to toll award
The Peruvian municipality of Lima has asked a US court to set aside a US$68 million UNCITRAL award won by an Odebrecht subsidiary over a revoked toll road concession – as it says new evidence has emerged that underlying contract was procured through corruption.
11 August 2020
Peruvian arbitrators released on appeal
A Peruvian court has overturned pre-trial detention orders against eight arbitrators accused of taking bribes from Brazilian construction company Odebrecht, including one whose arrest prompted outcries from the international arbitration community.
29 November 2019