Tribunal Rectifies Costs And Interests Against Peru In $110.7M Award

(May 21, 2024, 12:51 PM EDT) -- WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) published a tribunal’s decision on rectification of an earlier award ordering the Republic of Peru to pay two investors more than $110.7 million, granting Peru’s requests to clarify the award as to apportionment of costs and the interest rate accruing on damages against Peru....

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