Intervenor Says $47M NAFTA Award Against Mexico Harms His Reputation

Mealey's (July 24, 2023, 11:58 AM EDT) -- WASHINGTON, D.C. — A Mexican businessman moved to intervene on July 21 in District of Columbia federal court in litigation between a Canadian real estate investor and the United Mexican States over a North American Free Trade Agreement (NAFTA) arbitral award worth approximately $47 million in the Canadian party’s favor, arguing that he was labeled a perpetrator of fraud in the award while being excluded from presenting any defense....