Ciadi Dismisses US Doups Lawsuit for $38 Million Against Mexico
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9 Articles
With the resolution of the agency under the World Bank, Mexico released the million-dollar demand initiated in 2022, under NAFTA
Ciadi dismisses US Doups lawsuit for $38 million against Mexico
Mexico won an international arbitration initiated by the U.S. company Doups Holdings LLC, which claimed more than 600 million pesos, due to alleged losses on its investments due to the revocation of concessions for the installation and operation of parking meters in Mexico City. The Ministry of Economy reported that, in September 2026, [...] The post Mexico wins arbitration for 600 mdp against U.S. parkimeter company appeared first on Angulo 7.
Mexico obtained a favorable ruling in an international arbitration initiated by the U.S. company Doups... The Mexico charge obtained a favorable ruling in arbitration for parking meter concessions in CDMX appeared first in the Political Chain.
The Ministry of Economy reported this Tuesday that Mexico won an international arbitration initiated by Doups Holdings LLC against the country, seeking to claim more than 600 million pesos under NAFTA.
Doups Holdings claimed compensation for the revocation of parking meters concessions on CDMX; ICSID determined that it had no jurisdiction to resolve the case
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