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US Appeals Court Rejects $16.1 Billion Judgment Against Argentina, Rejecting Investors' Claim
2026-03-27 21:54 UTC by Globe StreetAlyssa Aquinohttps://feeds.feedblitz.com/-/927290885/0/globest/international.jpgInternational Law/Banking and Finance/Civil Appeals/Contracts/Energy and Natural Resources/Securities Litigation/News

Former investors in Argentina's largest energy company sued Argentina after nationalizing the firm, winning a gargantuan judgment that amounted to nearly half of Argentina's 2024 national budget. But the U.S. Court of Appeals for the Second Circuit, based in Manhattan, said the investors didn't have a claim under Argentine law.

      

 

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