Region: Peru
Peru claimant ordered to reveal funder
A tribunal at the Permanent Court of Arbitration has ordered a US oil investor to reveal the third-party funder backing his US$97 million investment treaty claim against Peru – but said he was not required to disclose details of the funding agreement.
11 February 2021
Korean investor threatens Peru over blocked gas sale
A Korean energy company has threatened Peru with a treaty claim, accusing the state of blocking the billion-dollar sale of its gas investments in the Amazon basin.
08 February 2021
Peru faces claim over telecoms networks
A US infrastructure services company has filed a new ICSID claim against Peru, two years after it lodged an ICC claim over a terminated project for rural telecommunications networks in the country.
05 January 2021
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
