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The first claim ever filed under the North American Free Trade Agreement was settled between the government of Mexico and Newport Beach, Calif.-based Metalclad Corp. "It's like Danny DeVito taking on Arnold Schwarzenegger," said Metalclad's president, Grant Kesler. The case highlights one of NAFTA's challenges: how to protect investors' interests without infringing on a country's right to regulate commerce and the environment.
November 05, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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