In the bond dispute between Peru and emerging market hedge fund Gramercy it seems only fitting that what isn’t being disclosed is among the most important components, which is part of the dispute's history.
This trend appeared to continue when Peru recently hired a U.S. legal expert who gave the government a clean bill of health on the issue, but the report is not publicly available. This all comes as the issues which are being addressed in public are likely to be adjudicated by the highest court in the land. No, not the region's Supreme Court, but a higher trade authority that isn't much discussed in the mainstream but has the authority to overrule the nation's legal system.

