Mexico Says Investor Must Pay $2 Million Costs Award For Rejected Arbitral Claims

Mealey's (September 26, 2022, 10:55 AM EDT) -- CEDAR RAPIDS, Iowa — The United Mexican States on Sept. 23 filed a petition in Iowa federal court to confirm an arbitral award worth more than $2 million plus interest in legal and arbitration costs against a U.S. investor whose claims against Mexico for violating the North American Free Trade Agreement (NAFTA) by expropriating his telecommunications investment were rejected....