Split Tribunal Dismisses Part Of Canadian Bank’s $100M Claim Against Peru

(August 1, 2024, 1:01 PM EDT) -- WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) published a split tribunal’s decision granting in part and denying in part the Republic of Peru’s application for an early dismissal of a Canadian bank’s claims against it for causing more than $100 million in damages to its subsidiary, finding that some of the claims are outside the scope of a treaty....