UNITED MEXICAN STATES v. LION MEXICO CONSOLIDATED L.P.
Case Number:
1:21-cv-03185
Court:
Nature of Suit:
Judge:
Firms
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October 26, 2023
DC Judge Mulls Mediation For $47M Award Against Mexico
A D.C. federal judge appeared unconvinced Thursday that an international arbitration tribunal was correct to second-guess a Mexican court when the tribunal ordered Mexico to pay a Canadian investor $47 million, but she suggested private mediation might be necessary to avoid further prolonging the long-running case.
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August 23, 2022
Businessman Says $47M Award Against Mexico Must Be Axed
A Mexican businessman at the center of an allegedly fraudulent loan scheme underpinning an international tribunal's $47 million award to a Canadian lender is backing the Mexican government's bid to vacate the award, arguing that the tribunal destroyed his reputation without hearing his side of the story.
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March 07, 2022
Mexico Says $47M Award To Canadian Lender Must Be Nixed
Mexico is doubling down on its bid to vacate a nearly $50 million award issued to a Canadian lender after an international tribunal ruled that it had been denied justice in Mexican courts, arguing that the tribunal had rejected the "literal reading" of the law in the case.
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February 07, 2022
Canadian Lender Says $47M Win Against Mexico Can Be OK'd
A Canadian lender is fighting Mexico's efforts to set aside a $47 million award the lender won after several real estate loans were canceled as a result of a forgery, saying the country is asking the court to take an "exceedingly narrow" interpretation of the underlying treaty.
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December 07, 2021
Mexico Takes Aim At $47M Mortgage Fight Award
Mexico will try to vacate a $47 million award issued to a Canadian lender after an international tribunal found that it had been denied justice in the country's courts, arguing in Washington, D.C., that the tribunal "invented" an obligation not contained in the underlying treaty.