IQF del Perú S.A. [Counterparty: National Water Authority]

More than twenty lawsuits over water use licences. Our firm is representing IQF—an international fruits and vegetables cultivation company—in over twenty complex lawsuits related to the denial of water use licences for multiple wells by the National Water Authority. Each lawsuit concerns a well that supports a significant number of hectares of our client’s crops. Unconstitutional basis of retroactive regulation application: The denials are based on the unconstitutional and retroactive application of a regulation that came into effect after the water use licence applications were submitted. Successful rulings achieved in nearly every case: We have successfully secured favourable rulings in 90% of the cases, overturning the administrative authority’s decisions. Paramount assets for client’s operations in water-stressed region: The denial of water access has a severe economic impact on IQF, jeopardising the company’s operations. For its business activities, IQF relies on water from wells located in its agricultural land in Ica, Peru—a region where water is extremely scarce. Latest development: Our firm continues to advise the client on the remaining cases.

Matter value – include currency and amount in figures :

Confidential

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

No

Lead partner :

Carlos Martínez

Other team members :

Andrea Serrano

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

N/A

Date of completion or current status :

Ongoing