UNCITRAL tribunal declines jurisdiction to hear claims against Peru due to defective waiver | Practical Law

UNCITRAL tribunal declines jurisdiction to hear claims against Peru due to defective waiver | Practical Law

In The Renco Group Inc v The Republic of Peru (UNCT/13/1), an UNCITRAL tribunal considered whether a reservation in the claimant's waiver of other dispute settlement procedures rendered the waiver ineffective, thus depriving the tribunal of jurisdiction.

UNCITRAL tribunal declines jurisdiction to hear claims against Peru due to defective waiver

Practical Law UK Legal Update Case Report 0-631-2444 (Approx. 6 pages)

UNCITRAL tribunal declines jurisdiction to hear claims against Peru due to defective waiver

by Practical Law Arbitration
Published on 26 Jul 2016 • International
In The Renco Group Inc v The Republic of Peru (UNCT/13/1), an UNCITRAL tribunal considered whether a reservation in the claimant's waiver of other dispute settlement procedures rendered the waiver ineffective, thus depriving the tribunal of jurisdiction.