Peru Sued in US Over Unpaid $99 Million Arbitration Award

Peru Sued in US Over Unpaid $99 Million Arbitration Award
1 min readLegalBusinessEconomy

In Brief

A highway concessionaire has sued the Peruvian government in the US to collect a $99 million arbitration award.

Key Facts

  • The Peruvian government faces a lawsuit in the US filed by a highway concessionaire.
  • The lawsuit seeks to collect a $99 million arbitration award.
  • The dispute stems from protests that blocked the concessionaire from collecting tolls in Peru.

What Happened

A highway concessionaire has filed a lawsuit in the US against the Peruvian government to enforce a $99 million arbitration award related to blocked toll collection during protests.

Why It Matters

The case highlights ongoing legal and financial disputes involving international arbitration awards and government obligations, potentially impacting Peru's business environment. Based on a single source report

What's Next

Further legal proceedings in the US are expected as the concessionaire seeks to enforce the arbitration award. The Peruvian government's response may influence the outcome.

Sources