International Law,
Alternative Dispute Resolution
Feb. 6, 2020
USMCA significantly overhauls NAFTA investor-state arbitration
Often referred to as the “New NAFTA,” the United States Mexico Canada Agreement brings significant changes to the investor-state dispute settlement protections previously found in the North American Free Trade Agreement.
Thomas G. Allen
Shareholder
Greenberg Traurig LLP
Franchiny Ovalle
Associate
Greenberg Traurig LLP
Last week, President Donald Trump signed the revised United States Mexico Canada Agreement. Often referred to as the “New NAFTA,” the USMCA brings significant changes to the investor-state dispute settlement protections previously found in Chapter 11 of the North American Free Trade Agreement.
The investor protections in NAFTA provided recourse to arbitration for private parties if their investments in another NAFTA country were expr...
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