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Argentina

Argentina agrees to pay Italian bond holders including “a reasonable interest”
5-Feb-2016 Merco Press
Argentina announced that it reached a $900 million preliminary accord to settle its pending debt with 50,000 Italian holders of defaulted Argentine government bonds. The Italian bondholders had sought about $2.5 billion at the ICSID.
Chilean social groups to protest Monsanto, anti-democratic TPP
22-Jan-2016 Tele Sur
Citizen opposition to the signing of the TPP will take place throughout the region, with joint mobilizations taking place in Peru and Argentina.
Abertis hauls Argentina’s new government before the World Bank on account of two motorways
22-Dec-2015 El Diario
Abertis has hauled Argentina’s Attorney General’s Treasury Office before the World Bank’s Arbitration Dispute Settlement body (known as ICSID) for freezing tariffs applied to two concessions for motorways controlled by the Spanish company in Argentina.
South American presidents ‘confident’ of EU trade deal
8-Dec-2015 EurActiv
Brazilian President Dilma Rousseff and her Argentinian counterpart, Mauricio Macri, have expressed confidence that the EU is committed to brokering a trade agreement with Mercosur.
Gov’t accuses Marsans group of ’selling’ ICSID lawsuit to vulture fund
15-Sep-2015 Buenos Aires Herald
Litigation finance treats litigation claims as financeable assets, just like real estate or receivables
Why Argentina’s petition to vacate an wward in AWG Group Ltd v. Republic of Argentina matters for future arbitrations
18-Aug-2015 JD Supra
Argentina filed with the U.S. District Court for the District of Columbia a petition to vacate an UNCITRAL arbitration award, which could have broader implications for determining partiality of arbitrators.
Opinion: crisis, emergency measures and failure of the ISDS system: the case of Argentina
12-Aug-2015 Inter Press Service
The dozens of cases that were initiated against Argentina as a result of the outburst of one of its worst economic and financial crises in late 2001 became an often-quoted sad illustration of many of these shortcomings of the ISDS system.
Stopping the corporate power grab — it’s not all just about TTIP
25-May-2015 The Ecologist
In the rush to oppose TTIP we mustn’t lose sight of the context in which the deal is being negotiated — the hundreds of bilateral treaties that give corporations the right to sue in secret ’trade courts’.
Disputes between States and multinationals - The paradigm: The dispute between Suez and Argentina
14-Apr-2015 Observatoire des Multinationales
An international arbitral tribunal has just ordered Argentina to pay nearly 400 million Euro to Suez because in 2006, after years of conflict, Argentina renationalized the water services in Buenos Aires.
Argentina strikes out in bid to undo $185M BG Group award
4-Nov-2014 Litigation Daily
The Supreme Court on Monday shunned the republic’s latest appeal in a decade-long battle with BG Group plc, a British energy company that won a $185 million arbitration ruling against Argentina under a bilateral investment treaty.
Mercosur proposal to present the EU expected to be ready by end of April
16-Apr-2014
Argentine cabinet chief Jorge Capitanich confirmed on Tuesday ’significant advances’ in the elaboration of Mercosur’s joint proposal to exchange with the European Union for discussions on a much delayed wide ranging cooperation and trade agreement.
Brazil/Argentina agree on deal to promote bilateral trade by guaranteeing ’dollar liquidity’
2-Apr-2014 MercoPress
Brazil and Argentina signed a deal over the weekend that seeks to guarantee importers will have enough U.S. dollars to pay for exports, a move to increase trade between both nations that has been hit hard by a sharp depreciation of the Argentine peso.
Profiting from crisis: How corporations and lawyers are scavenging profits from Europe’s crisis countries
10-Mar-2014 TNI
Corporations, backed by lawyers, use international investment agreements to scavenge for profits by suing Europe’s crisis countries.
Repsol in $5 billion settlement with Argentina
25-Feb-2014 New York Times
Repsol, the Spanish oil company agreed to a $5 billion compensation deal with Argentina for the seizure of the company’s operations in that country, ending a bitter two-year dispute.
Mantega insists that the Mercosur/EU trade agreement includes Argentina
28-Jan-2014
Mercosur is preparing for trade negotiations with the European Union and they include Argentina, said on Friday Brazilian finance minister. The comment seems to contradict other recent statements which said the trade deal with the EU will go forward with or without a reluctant Argentina.
Smart move: Argentina to leave the ICSID
21-Jan-2014 CILJ
Given the substantial problems with the current ICSID framework and the large number of cases currently pending against Argentina, denouncing the SID Convention and leaving the ICSID is the best course for the country.
Argentina settles five outstanding investment treaty arbitration claims in historic break with its anti-enforcement stance
3-Nov-2013
Argentina has agreed to settle five separate investment treaty arbitration claims at a cost of around USD 500 million, in an historic departure from the Latin American state’s refusal to comply with awards made by international investment treaty arbitration bodies.
We reject the offers made by the Argentine government to pay the ICSID claims
30-Oct-2013 ATTAC Argentina
ATTAC Argentina declare that we reject the offer made by the Argentine government to pay 500 million dollars to five transnational corporations that sued our country before the International Centre for the Settlement of Investment Disputes (ICSID).
Argentina: what to do with the BITs?
24-Sep-2013 Rebelión
Why do we continue to be bound to this investment protection regime when it is not a determinant of FDI and makes it harder for us to retain our resources?
Treaty disputes roiled by bias charges
10-Jul-2013
Concerns about objectivity and accountability of investment dispute arbitrators have prompted calls for tougher ethical guidelines as caseloads have exploded.