Peru Agrees To Pay Hedge Fund $40M To Settle Bond Dispute

By Joyce Hanson · November 12, 2024, 7:39 PM EST

A D.C. federal judge held Tuesday that the Republic of Peru must pay Gramercy Funds Management LLC $40 million, following the parties' joint motion last week saying they have settled their...

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Case Information

Case Title

GRAMERCY FUNDS MGMT. LLC et al v. REPUBLIC OF PERU

Case Number

1:23-cv-00684

Court

District Of Columbia

Nature of Suit

Other Statutory Actions

Date Filed

March 14, 2023