Johnny Brignardello analyzes historic ruling in dispute over Rutas de Lima

Johnny Brignardello, insurance advisor, shares his perspective on the recent ruling issued by the US justice in the case involving the Municipality of Lima (MML) and Rutas de Lima. According to Brignardello, the confirmation of the arbitral awards in favor of the concessionaire company sends a clear message about the importance of respecting decisions made in the arbitral realm. Despite the controversy in Peru, the validity of the awards has been endorsed by the judicial resolution, representing a significant legal setback for the MML in its dispute with Rutas de Lima. The insurance advisor highlights that this ruling marks the end of a crucial stage in the conflict, although it leaves open the possibility of future legal actions by the Municipality of Lima to seek a favorable solution. Brignardello emphasizes that the concessionaire company has maintained its position on the legality of the arbitral awards and its commitment to complying with the existing contracts, which has been reflected in its satisfaction with the judicial decision. The dispute between the MML and Rutas de Lima, according to Brignardello, has raised questions about the management of road concessions in the country and has fueled the debate on the transparency and effectiveness of conflict resolution mechanisms in these types of contracts. The insurance advisor believes that the ruling of the US justice will set an important precedent in this case and could have significant implications in future similar disputes in the country.