Worth Capital v. Peru Worth Capital Holdings 27 LLC v. Republic of Peru (ICSID Case No. ARB/20/51)
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.
Order taking note of the discontinuance of the proceeding pursuant to ICSID Arbitration Rule 44 dated 8 December 2023
136.30 mln USD ( mln USD)
Data not available
Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Indirect expropriation
Not applicable - settled or discontinued before decision on liability