Mexico Triumphs: Avoids $315M Payout to US Miner in International Arbitration
Mexico has won an international arbitration case against a U.S. mining company, successfully avoiding a hefty $315 million payment. The ICSID tribunal dismissed the claim due to a lack of jurisdiction and rejected all accusations, a significant victory announced by the Ministry of Economy.
El tribunal del CIADI desestimó la demanda por falta de competencia y rechazó las acusaciones, indicó la Secretaria de Economía