ICSID Orders Guatemala To Pay Teco $28 Million In Investment Dispute

ICSID Orders Guatemala To Pay Teco $28 Million In Investment Dispute

WASHINGTON, D.C. - After finding that the Republic of Guatemala breached a free trade agreement in relation to a Delaware company's investment in an energy firm, the International Centre for Settlement of Investment Disputes (ICSID) awarded the company $28,621,247 plus interest (Teco Guatemala Holdings LLC v. The Republic of Guatemala, No. ARB/10/17, ICSID).

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