APM Terminals Callao S.A. [Counterparty: Municipality of Callao]

Lawsuit against municipality over denied port expansion licence. Estudio Olaechea is representing APM Terminals—the concessionaire of Peru’s most important port—in a dispute against the Municipality of Callao over the denial of a construction licence for the terminal’s expansion. Recognition of automatic approval for licence: Our firm is assisting the client in seeking judicial recognition that it holds a valid construction licence under a regulation that grants automatic approval. This aims to prevent fines for starting construction allegedly without a licence. Successful fine overturning for allegedly unauthorised construction at port: Our firm was able to successfully overturn a fine imposed on APM Terminals for constructing infrastructure at the port terminal without the so-called proper licensing. Unfavourable outcome threatens expansion and risks millions in fine: This case is highly significant for the client, as an unfavourable outcome could impact its commercial growth. Additionally, it could significantly hinder the expansion of port infrastructure and potentially result in a multimillion-dollar fine. Latest development: We continue to provide legal support in the ongoing litigation.

Matter value – include currency and amount in figures :

APM Terminals global revenue in 2023: USD 3.8 billion

Is this a cross-border matter? If yes, please indicate the jurisdictions involved :

No

Lead partner :

Carlos Martínez

Other team members :

Stefano Osterling

Other firms advising on the matter and their role(s) :

N/A

Date of completion or current status :

Ongoing