Mexico Asks ICSID To Bifurcate Supplement Maker’s $2.7B Land Expropriation Claim

(August 2, 2024, 9:40 AM EDT) -- WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) published the United Mexican States’ request that a tribunal bifurcate a Michigan-based company’s claim for $2.7 billion in damages based on the alleged expropriation of its Mexican farmland, writing that the claims are procedurally improper and time-barred under the U.S.-Mexico-Canada Agreement (USMCA)....