Hogan Lovells served as counsel to the U.S. Grains Council, as well as leading agriculture industry companies, in their successful challenge to a false claim that Peruvian corn producers were being injured by U.S. corn exports to Peru.
The final decision by Peru’s National Institute for the Defense of Free Competition and the Protection of Intellectual Property (Indecopi) was published on Wednesday, after 18 months of intense litigation.
Indecopi agreed with the U.S. associations and industry that there was no evidence that U.S. yellow corn exports to Peru caused material injury to Peru’s domestic corn producers, and therefore terminated their trade investigation without imposing any countervailing duties. As a result of Indecopi’s decision, the corn trade between the U.S. and Peru is expected to continue to flourish.
The Hogan Lovells team was led by Deen Kaplan (Picture) as well as international trade and arbitration advisor Maria A. Arboleda, and included partners Warren Maruyama and Jared Wessel. The team in Peru was led by Pierino Stucchi and Raul Alosilla of Estudio Muñiz.
Involved fees earner: Maria Arboleda – Hogan Lovells; Deen Kaplan – Hogan Lovells; Warren Maruyama – Hogan Lovells; Jared Wessel – Hogan Lovells; Raúl Alosilla Díaz – Muñiz, Olaya, Meléndez, Castro, Ono & Herrera; Pierino Stucchi – Muñiz, Olaya, Meléndez, Castro, Ono & Herrera;
Clients: U.S. Grains Council;