Region: Peru
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
Peru liable in mining case but only for sunk costs
An ICSID tribunal has found Peru liable for the expropriation of a silver mining concession but only awarded the Canadian claimant the amount it invested in the project, out of the US$522 million it had demanded.
04 December 2017
Peru takes counsel as airport dispute threatens to take off
Peru has instructed a team from Sidley Austin as a dispute with a construction consortium over a cancelled US$525 million contract to build an airport looks likely to be submitted to ICSID arbitration.
21 November 2017
Peru settles port dispute with Maersk
Peru has settled its ICSID dispute with a subsidiary of Denmark’s Maersk Group over a project to modernise one of the country’s largest ports.
28 February 2017
Peru fails to get costs despite treaty win
A US investor that lost a treaty claim against Peru over environmental pollution by failing to observe a waiver requirement will not have to bear the state’s legal and arbitration costs, an UNCITRAL tribunal has ruled.
14 November 2016