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Metalclad vs. Mexico: The Toxicity of NAFTA's Ruling

In October 1996, Metalclad Corporation, a U.S. waste-disposal company, accused the Mexican government of violating NAFTA's Chapter 11... Metalclad sought US$90 million in compensation. A great summary of the history behind the legal appeal which began 19 Feb. in Vancouver.
Metalclad vs. Mexico: The Toxicity of NAFTA's Ruling

by Gerard Greenfield

LAST AUGUST 25 the NAFTA Tribunal for the case of Metalclad Corp vs. Mexico ruled in favor of Metalclad, ordering the Mexican government to pay US$16.7 million in compensation. It is the first ruling in an investor-to-state lawsuit under NAFTA.

In October 1996, Metalclad Corporation, a U.S. waste-disposal company, accused the Mexican government of violating NAFTA's Chapter 11 when the state of San Luis Potos refused it permission to reopen a waste disposal facility.

The state governor ordered the site closed down after a geological audit showed the facility would contaminate the local water supply. The governor then declared the site part of a 600,000-acre ecological zone. Metalclad claimed that this constituted an act of expropriation and sought US$90 million in compensation.

Complete article at the Vancouver IMC site

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