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8h ago

Peru Court Orders Immediate Halt to Rutas de Lima Tolls at Villa and Punta Negra Under Threat of Fines

The ruling enforces an October decision, intensifying default risk on S/1.5 billion in bonds tied to Brookfield’s liquidation.

Rutas de Lima informó que las unidades de peajes de Huaylas, San Pedro, Arica y Quebrada Seca operan con normalidad
La Municipalidad de Lima había señalado que la decisión de retomar el cobro de peajes vulnera derechos fundamentales
"La MML reafirma su compromiso de luchar por los derechos de los ciudadanos y velar por el cumplimiento de la ley", mencionaron.

Overview

  • Judge Patricia Romero Medina issued a November 4 order to execute the October 13 ruling, warning of consecutive fines if the suspension is ignored.
  • Rutas de Lima said it will comply but called the measure arbitrary, noting it had resumed collections after filing an appeal.
  • The concessionaire confirmed that the Huaylas, San Pedro, Arica and Quebrada Seca toll units continue operating because no suspension order covers them.
  • Lima’s municipal government welcomed the enforcement, arguing the resumed charges violated freedom of transit and announcing further legal steps.
  • Brookfield is liquidating the operator, leaving about S/1.5 billion in local bonds at high risk of default held largely by pension funds, while pursuing a US$2.7 billion arbitration claim against Peru.