Case Details

Unión de Cervecerías Peruanas Backus y Johnston S.A.A., Cervecería San Juan S.A. and AB InBev Southern Investment Ltd. v. Republic of Peru (ICSID Case No. ARB/24/53)

Subject of Dispute:

Tax treatment
Economic Sector:

Other
Instrument(s) Invoked:

BIT Peru - United Kingdom of Great Britain and Northern Ireland 1993
Applicable Rules:

ICSID Convention - Arbitration Rules

(a) Original Proceeding

Claimant(s)/Nationality(ies):

Unión de Cervecerías Peruanas Backus y Johnston S.A.A. (Peruvian), Cervecería San Juan S.A. (Peruvian), AB InBev Southern Investment Ltd (British)
Respondent(s):

Republic of Peru (Peruvian)
Date Registered:

December 23, 2024
Date of Constitution of Tribunal:

May 27, 2025

Composition of Tribunal

President:

Doug JONES (Australian, Irish) - Appointed by the Secretary-General
Arbitrators:

Stephen L. DRYMER (Canadian) - Appointed by the Claimant(s)
Luis Alberto GONZÁLEZ GARCÍA (British, Mexican) - Appointed by the Respondent(s)

Party Representatives

Claimant(s):

King & Spalding, Miami, FL and Houston, TX, U.S.A.
Hernández & Cía., Lima, Peru
Respondent(s):

Special Commission that Represents the Republic of Peru in International Investment Disputes, Lima, Peru
Ministry of Economy and Finances, Lima, Peru
Arnold & Porter Kaye Scholer, Washington D.C., U.S.A. and London, U.K.
Language(s) of Proceeding:

English,Spanish
Status of Proceeding:

Pending
Latest Development:

November 24, 2025 - The Claimants file a memorial on the merits.

No References Available.

(a) Original Proceeding

Date	Development
December 23, 2024	The Acting Secretary-General registers a request for the institution of arbitration proceedings.
December 30, 2024	The Claimants file a request for provisional measures.
February 21, 2025	The Respondent files observations on the Claimant’s request for provisional measures.
March 6, 2025	Following appointment by the Claimants, Stephen L. Drymer (Canadian) accepts his appointment as arbitrator.
March 10, 2025	The Claimants file a reply on the request for provisional measures.
March 12, 2025	Following appointment by the Respondent, Luis Gonzalez García (Mexican/British) accepts his appointment as arbitrator.
March 27, 2025	The Respondent files a rejoinder on the request for provisional measures.
May 23, 2025	Following appointment by the Secretary-General pursuant to the parties’ agreed method, Doug Jones (Australian/Irish) accepts his appointment as presiding arbitrator.
May 27, 2025	The Tribunal is constituted in accordance with Article 37(2)(a) of the ICSID Convention. Its members are: Doug Jones (Australian/Irish), President, appointed by the Secretary-General pursuant to the parties’ agreed method; Stephen L. Drymer (Canadian), appointed by Claimants; and Luis González García (Mexican/British), appointed by Respondent.
June 26, 2025	The Tribunal issues a decision on the request for provisional measures.
July 16, 2025	The Tribunal holds a first session by video conference.
August 11, 2025	The Tribunal issues Procedural Order No. 1 concerning procedural matters.
November 24, 2025	The Claimants file a memorial on the merits.