Region: Mexico
BP seeks to enforce against Mexican gas buyers
BP’s Mexican arm has applied to a Texas court to enforce a US$46 million ICDR award against three customers who failed to pay for gas during a winter storm.
21 October 2024
Deepsea miner reports disappointing win against Mexico
A US deep-ocean mining company that sought more than US$2 billion in damages in a NAFTA claim against Mexico over a thwarted phosphate project says the arbitration has concluded with an award in its favour worth around US$37 million.
18 September 2024
Mexican judicial reforms under fire at IBA conference
As Mexico passes controversial reforms that will see judges elected by popular vote, delegates at the IBA annual conference in Mexico City have warned of the potential impact on the country’s reputation as an arbitration-friendly jurisdiction – and considered whether the measures could lead to investment treaty claims.
18 September 2024
Mexico casino award comes to light
A Mexican government agency acted with arbitrary political intent by closing down various US-owned casino businesses but allegations of “corrupt collusion” involving the judiciary were unproven, according to a newly public NAFTA award.
13 September 2024
Mexico liable in casino dispute
A divided NAFTA tribunal has ordered Mexico to pay US$130 million to a group of US casino investors.
29 August 2024
LCIA award surfaces in Mexican coal dispute
Three contractors have asked a US court to enforce an LCIA award worth at least US$40 million against Mexico’s state-owned utility CFE over payments owed under a coal transportation contract.
29 August 2024
Mexico declares victory in oil services dispute
UPDATED WITH AWARD: Mexico says it has defeated a US$270 million NAFTA claim brought by oil services investors who said their business was destroyed after they refused to pay bribes to state officials.
28 August 2024
The New York Convention in Latin America
Featured in The Guide to Arbitration in Latin America - Third Edition
23 August 2024