Mexican Debt Investors Say ICSID’s Jurisdiction Over $219M NAFTA Claim Is Proper

( October 24, 2024, 1:07 PM EDT) -- WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) published two American entities’ counter-memorial on jurisdiction urging the tribunal to reject the United Mexican States’ arguments for dismissal of their claims relating to debts securities they owned worth more than $219 million, arguing that they followed all the procedural requirements set forth in the North American Free Trade Agreement (NAFTA)....