Energy Investors Ask Court To Enforce $115M ICSID Award Against Peru

( November 15, 2023, 11:39 AM EST) -- WASHINGTON, D.C. — Two Singaporean electricity investors on Nov. 14 filed a petition in District of Columbia federal court seeking to confirm an International Centre for Settlement of Investment Disputes (ICSID) tribunal’s award worth more than $115 million against the Republic of Peru for enacting a “seriously arbitrary” regulation on power generation that harmed their investment....

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