On February 1, 2016, Peru was served notice that it has violated the 2006 US-Peru Trade Promotion Agreement for its default on Agrarian Reform Bonds and related issues, and that due to its investment in the bonds, Gramercy Funds Management LLC intends to submit to international arbitration. The Notice of Intent to Commence Arbitration includes a comprehensive summary of the decades-long land bond dispute, including 40 exhibits.

Claimants’ Notice of Intent to Commence Arbitration

Index of Exhibits to Notice of Intent