Mexico Can't Duck $77M Award In Cargill Corn Syrup Case

Law360, Los Angeles (October 4, 2011, 7:32 PM EDT) -- A Canadian appeals court on Tuesday rejected Mexico’s request to overturn part of a NAFTA arbitration panel’s $77 million award for treaty violations stemming from the country’s efforts to block Cargill Inc. from importing U.S.-produced high fructose corn syrup.

“Mexico says that the tribunal did not have the jurisdiction under Chapter 11 of the NAFTA to award damages to Cargill,” Judge Kathryn N. Feldman of the Court of Appeal for Ontario wrote. “I do not agree.”

Tuesday’s ruling puts the brakes on Mexico, the U.S. and...
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