Tribunal Grants Mexico’s Request To Bifurcate Parking Meter NAFTA Dispute

( November 8, 2024, 2:37 PM EST) -- WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) published a tribunal’s decision to bifurcate a U.S. metered parking system investor’s claim accusing the United Mexican States of violating the North American Free Trade Agreement (NAFTA) and U.S.-Mexico-Canada Agreement (USMCA) so that the tribunal can first address Mexico’s objections to its jurisdiction....