Canada's Enerflex calls for international arbitration after Mexican court awards ex-employee over $120 mln

Enerflex

27/06/2023 24:22

MEXICO CITY, June 26 (Reuters) - Canadian energy
infrastructure company Enerflex  EFX.TO  said on Monday it had
requested investment arbitration proceedings before the
International Centre for Settlement of Investment Disputes
(ICSID) after a Mexican court had awarded an ex-employee more
than $120 million in damages.
    Enerflex argued the ruling defied regional trade agreements
between Mexico and the United States, also calling the court's
decision "indirect expropriation" and denouncing arbitrary
treatment by the Mexican state.

 (Reporting by Kylie Madry; Editing by Sarah Morland)
 ((Kylie.Madry@thomsonreuters.com;))