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Conference coverage
Peru passes arbitration reform in wake of corruption scandal
As the international fallout from the Odebrecht corruption scandal continues, Peru has made several reforms to its arbitration law with the aim of increasing transparency for disputes involving state entities – drawing criticism from practitioners in the region who say the measures are ill-conceived.
Peru's merger control law lacks needed reforms, lawyers complain
Peru’s new merger control legislation is a “positive” change but “lacks the institutional reform required”, local lawyers have said.
Peruvian arbitrators released on appeal
A Peruvian court has overturned pre-trial detention orders against eight arbitrators accused of taking bribes from Brazilian construction company Odebrecht, including one whose arrest prompted outcries from the international arbitration community.
Arbitrators jailed in Peru amid Odebrecht corruption scandal
A Peruvian judge has ordered the pre-trial detention of 14 arbitrators – including one who has sat at International Centre for Settlement of Investment Disputes (ICSID) – while they are investigated for allegedly taking bribes to favour scandal-hit construction company Odebrecht in a series of cases that cost the state more than US$250 million.
Peru publishes first dawn raid guidelines
Peru’s competition authority has published a draft of its first guidelines on dawn raids, following the release of draft guidelines for procedures on compliance and rewards for whistleblowers.
Peru publishes draft compliance and whistleblower guidelines
Peru’s competition authority has released new compliance and rewards draft guidelines, marking the first time a Latin American enforcer has adopted whistleblower guidelines.
Gold miner wins arbitration claim against Peruvian state bank
A Canadian-listed mining company has won US$34 million in a Lima-seated arbitration against a Peruvian state-owned development bank over the financing of a gold project.
Peruvian antitrust authority faces structural overhaul
Peru’s parliament has suggested combining the independent investigative and sanctioning branches of its national competition authority, in response to allegations that cases take too long to resolve.
Payet Rey lands Bullard Falla arbitration partner
Payet, Rey, Cauvi, Pérez Abogados in Peru has hired a partner to lead its arbitration practice.
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