Mexico Urges Tribunal To Dismiss Noteholders’ $219M NAFTA Claim As Improper

(June 21, 2024, 1:27 PM EDT) -- WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) on June 20 published the United Mexican States’s memorial on jurisdiction demanding the dismissal on various procedural grounds of a pending arbitration brought against it by two American entities that claim that they were improperly barred from obtaining payment for debt securities worth more than $219 million....