2020
Worth Capital v. Peru
Worth Capital Holdings 27 LLC v. Republic of Peru
(ICSID Case No. ARB/20/51)
Peru
United States of America
Shareholding in Petróleos de la Selva (formerly Maple Gas Corporation), a company operating the Pucallpa oil and gas refinery in the Ucayali region.
Claims arising out of state entities’ alleged obstruction of the claimant’s business activities at the Pucallpa refinery operated by its local company, leading to the refinery’s closure.
Secondary: C - Manufacturing
19 - Manufacture of coke and refined petroleum products
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Blanch, J.
Grigera Naón, H. A.
Knieper, R.
None
590.00 mln USD ( mln USD)
Data not available
Data not available
Pending
https://icsid.worldbank.org/cases/case-database/case-detail?CaseNo=ARB/20/51
https://www.iareporter.com/articles/us-investor-in-peruvian-refinery-launches-icsid-arbitration/ (requires subscription)
https://globalarbitrationreview.com/us-gas-investor-brings-claim-against-peru (requires subscription)
https://globalarbitrationreview.com/peru-faces-highway-and-energy-claims (requires subscription)
https://gestion.pe/economia/empresas/maple-gas-mef-90-dias-resolver-impasse-acudir-ciadi-234253-noticia/?ref=gesr
https://elcomercio.pe/economia/peru/maple-niega-haber-incumplido-pago-regalias-noticia-521833-noticia/?ref=ecr
https://www.iareporter.com/articles/us-investor-in-peruvian-refinery-launches-icsid-arbitration/ (requires subscription)
https://globalarbitrationreview.com/us-gas-investor-brings-claim-against-peru (requires subscription)
https://globalarbitrationreview.com/peru-faces-highway-and-energy-claims (requires subscription)
https://gestion.pe/economia/empresas/maple-gas-mef-90-dias-resolver-impasse-acudir-ciadi-234253-noticia/?ref=gesr
https://elcomercio.pe/economia/peru/maple-niega-haber-incumplido-pago-regalias-noticia-521833-noticia/?ref=ecr