Honduras Próspera v Republic of Honduras - ICSID - $10.775 Billion Claim Filed Against Government of Honduras - Honoring Legal Stability Guarantee to U.S. Investors Could Mitigate Liability under CAFTA-DR - Press Release - 20 December 2022
Country
Year
2022
Summary
December 20 2022 - US investors Honduras Próspera Inc. and its affiliates filed claims with the International Centre for Settlement of Investment Disputes (ICSID) against the State of Honduras to protect themselves against violations of international and Honduran law. Honduras Próspera did everything reasonably possible to avoid filing the claims, but the Government of Honduras continues to refuse to cooperate with our sustained efforts to find a negotiated solution within an internationally-accepted framework.
Document also includes:
20 December 2022: Demanda de $10,775 millones de dólares contra el Gobierno de Honduras
15 December 2022: Honduras Próspera, Inc. iniciará proceso de arbitraje internacional para proteger sus inversiones y derechos adquiridos
3 December 2022: Honduras Disregards Offer to Mediate Dispute with Próspera
3 December 2022: Honduras Desestima Propuesta de Acudir a un Proceso de Mediación con Próspera
See also:
- Honduras Próspera v Republic of Honduras - Correspondence White & Case to Government of Honduras - 26 April 2022
- Honduras Próspera v Republic of Honduras - Correspondence White & Case to Government of Honduras - 11 May 2022
- Honduras Próspera v Republic of Honduras - Correspondence CAFTA-DR Request for Consultations - 2 June 2022