International Thunderbird Gaming Corporation ("Thunderbird"), a Canadian company that owns and operates gaming and entertainment facilities, has submitted a notice of arbitration under the UNCITRAL rules against Mexico.
Thunderbird seeks damages for alleged injuries resulting from the regulation and closure of its gaming facilities by the Mexican government agency that has jurisdiction over gaming activity and enforcement.
Thunderbird claims that Mexico's regulation and closure of its gaming facilities violate the national treatment obligation under Article 1102; the most-favored-nation treatment obligation under Article 1103; the Article 1104 obligation to accord the better of the treatment required under Articles 1102 and 1103; under Article 1105(1), the obligation to provide treatment in accordance with international law; and the Article 1110 prohibition on expropriation. Thunderbird seeks damages of $100 million.
For further information and documents concerning this claim, click here.
