GRAMERCY FUNDS MGMT. LLC et al v. REPUBLIC OF PERU
Case Number:
1:23-cv-00684
Court:
Nature of Suit:
Judge:
Firms
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April 18, 2024
Hedge Fund Says Its $100M Award Over Peru Bonds Is Valid
A hedge fund has asked a D.C. federal judge not to throw out its suit seeking to enforce a $100 million arbitral award it secured over Peru's valuation of old government bonds, saying the country wants to relitigate claims that were already rejected by the arbitrators.
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April 12, 2024
Peru Says Gramercy's $100M Bond Arbitration Bid Too Late
Peru is hitting back at Connecticut-based hedge fund Gramercy's bid to enforce a $100 million arbitral award that it secured over the country's valuation of old government bonds, telling a D.C. federal court that the investor had failed to bring its challenge within three years of learning of the alleged misconduct as required by a bilateral trade agreement.
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March 15, 2023
Gramercy Says Peru Hasn't Paid $100M Arbitration Award
The Connecticut-based hedge fund Gramercy has brought its $100 million arbitral award against Peru to federal court in Washington, D.C., for enforcement, arguing that the country has yet to pay any part of it.