Dispute brought against insurance company following accident. Estudio Olaechea is advising Pacífico—a life insurance company—as co-counsel in legal proceedings for damages initiated by Río Baños and Sinersa—two players in the Peruvian energy sector. The counterparties seek a multimillion-dollar compensation following an accident in one of their facilities.
Plaintiff withdrawal and appeal to Superior Court: During the proceedings, Río Baños withdrew, leaving Sinersa as the sole plaintiff. The Superior Court ruled partially in favour of Sinersa, ordering our client to pay a much lower sum. Both parties appealed, and the Superior Court annulled the judgment due to insufficient reasoning, sending it back for review.
Expert evidence showing accident could have been avoided: Specialised technical expertise has been conducted to demonstrate that the alleged damage could have been avoided. Our primary goal is to ensure Pacífico either pays no compensation or a significantly lower amount than initially claimed.
Important case given large compensation claim and accident foreseeability: This case is crucial as it involves a substantial compensation claim for damages that the counterparties could have foreseen.
Latest development: We continue to assist our client in the matter as a decision is still pending on the lawsuit.
