ICSID Tribunal Awards Peruvian Road Concessionaire Only 6% of its US$ 150 Million Claim Against Peru 

By Diego Luis Alonso Massa, 7 July 2022

On 30 June 2022, the ICSID Tribunal rendered the final award in Autopista del Norte S.A.C. v. Republic of Peru (ICSID Case No. ARB/18/17). According to a press release published by the Peruvian Ministry of Economy and Finance on 1 July 2022, the ICSID Tribunal rejected most of the claims raised by Autopista del Norte S.A.C (Aunor) – limiting its compensation...
URL: https://taobserver.com/news/201/icsid-tribunal-awards-peruvian-road-concessionaire-only-6-of-its-us-150-million-claim-against-peru