Tag Archives: Arbitration

Clouthier Resigns as Economy Secretary, Buenrostro Replaces Her

By MARK LORENZANA Mexico’s Secretary of Economy Tatiana Clouthier has resigned from her post, President Andrés Manuel López Obrador (AMLO) announced on the morning of Thursday, Oct. 6, in his daily press conference. “I regret to inform you that I received a letter from Tatiana, in which she tells me that she wants to resign from her post, but not

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Failed Arbitration with Canada Cost CFE $85 Million

PULSE NEWS MEXICO Mexico’s state-owned Federal Electricity Commission (CFE) lost an international arbitration case last year against Canada’s ATCO Ltd and had to pay compensation of more than $85 million, according to three people familiar with the matter. Although the case involved the construction of a gas pipeline that had been contracted by the previous administration, it shows the type

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