Mexican firm seeks $380 million from Honduras over blocked unit

14 April 2023, 12:00 am

1 min read

New Honduran President Xiomara Castro delivers a speech after being sworn-in during a ceremony in Tegucigalpa, Honduras January 27, 2022. REUTERS/Fredy Rodriguez

Documents exclusively reviewed by Reuters revealed that Mexican investment firm JLL Capital, whose Honduran operation has been blocked since 2018 in a local dispute, is seeking around $380 million from the Central American country, claiming that it violated foreign investment protections.