Berezowsky Quoted in Excélsior About the Changes in Energy Policies and Regulations in International Arbitrations
Foley & Lardner LLP Partner David Berezowsky was quoted in the Excélsior article, “Mexico would also face litigation for damages to companies,” about U.S. companies using the Investor-State legal mechanism in international arbitrations.
The article reports that the consultations requested by the United States and Canada will not be the only processes Mexico could face, as this would be the guideline for companies that have been affected by changes in energy policies and regulations to initiate independent litigation in international courts.
Berezowsky assured that “this is something that is not ruled out, that is, that U.S. companies use the Investor-State legal mechanism in international arbitrations when considering and demonstrating that their rights were violated under the Treaty between Mexico, the United States, and Canada (T-MEC).”
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