MMA Consultants 1, Inc. v. Republic of Peru

MEMORANDUM & ORDER

DEBORAH A. BATTS, United States District Judge

Plaintiff MMA Consultants 1, Inc. (“MMA” or “Plaintiff’) brings this action against the Republic of Peru (“Peru” or “Defendant”) alleging breach of contract based on Defendant’s alleged failure to remit payment on certain bearer bonds held by Plaintiff. Defendant moves to dismiss the action for failure to state a claim under Fed. R. Civ. P. 12(b)(6) and for lack of subject matter jurisdiction under Fed. R. Civ. P.- l¿(b)(l). For the reasons discussed herein, Defendant’s Motion to Dismiss is GRANTED.

I. Background

a. The Bonds in…