Mexico loses on both seat and preliminary application in NAFTA proceedings | Practical Law
In Lion Mexico Consolidated L.P. v United Mexican States (ICSID Case No. ARB(AF)/15/2, an ICSID Additional Facility tribunal considered what should be the seat of arbitration in NAFTA proceedings between a Canadian investor and Mexico, and the merits of Mexico's application to have the case preliminarily dismissed for being manifestly without legal merit.