Vento further alleged that these actions, taken under pressure from local competitors, destroyed a joint venture it had established to market and sell motorcycles in Mexico.
The arbitration was administered by the International Centre for Settlement of Investment Disputes (ICSID), an arm of the World Bank based in Washington, D.C.
Legal Representation and Case Details
Vento Motorcycles is represented by Myriam Seers and Paul Trinel of Agora International LLP and John Terry of Torys LLP. During arbitration, it was also represented by Luis Felipe Aguilar Rico, Fiamma Rizzo Fuentes, Patricia Arratibel Siles, and Rodrigo Aguilar Guízar of Aguilar & Loera, along with George Ruttinger and Eduardo Mathison of Crowell & Moring LLP and Todd Weiler.
Mexico is represented by Vince DeRose, Jennifer Radford, and Stephanie Desjardins of Tereposky & DeRose LLP. In arbitration, it was defended by its Subsecretaría de Comercio Exterior, Tereposky & DeRose LLP, and Pillsbury Winthrop Shaw Pittman LLP.
