Organisation: Quanta Services

Telecoms investor enforces against Peru but not state agency

A US court has issued a default judgment permitting a telecoms company to enforce ICC awards worth US$190 million against Peru – but has refused to do the same against a state agency that is contesting enforcement.  

02 October 2024

Electricity investors seek to enforce against Peru

Singaporean companies linked to Israeli billionaire Idan Ofer have applied to a US court to enforce an ICSID award against Peru worth more than US$116 million plus interest.

15 November 2023

Peru on the hook for ICC awards in Canada

A Canadian court has ruled that ICC awards worth US$190 million rendered against a Peruvian ministry and one of its entities are also enforceable against Peru as they have no separate legal identity.

03 October 2023

Canadian bank brings ICSID claim against Peru

A Canadian bank has brought an ICSID claim against Peru over a nearly 15-year long tax dispute, as a contractor turns to new counsel to challenge an award in a separate dispute with the Andean state. 

25 November 2022

A loss and a win for Peru 

A US infrastructure group has won a US$177 million ICC award against a Peruvian government agency over a terminated project to build rural telecoms networks, as the Andean state announces it has defeated a US$97 million treaty claim by an oil investor.

11 August 2022

Who is sitting at ICSID?

Nineteen new panels have been formed at ICSID in the past six weeks, including first-time appointments for Elisabeth Eljuri, Sylvia Tonova, Andrea Bjorklund and Penelope Ridings.

13 May 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

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