Cases & Deals

MAG Silver obtains favorable ruling from ICC panel in connection with shareholders' dispute

Clients MAG Silver Corp.

Jones Day successfully represented MAG Silver Corp. in an ICC arbitration against Fresnillo plc, the world's largest primary silver producer, relating to a shareholders' dispute over one of the biggest underdeveloped silver deposits in the world. This case proved to be a major step in protecting minority shareholders' rights against illegal practices in Mexico and Latin America. The successful outcome to this complex Mexico City-based English and Spanish language arbitration, which was conducted under Mexican law, was a result of a coordinated and seamless interaction between teams in Jones Day's New York and Mexico City offices.