JusticeNotableConfirmed
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US Court Upholds $390 Million Judgment Against Argentina for 2008 Airline Expropriation
PerfilLO·AR · US·about 2 hours ago
The U.S. Court of Appeals has denied Argentina's motion to dismiss a lawsuit brought by Titan Consortium regarding the 2008 nationalization of Aerolíneas Argentinas. The ruling mandates a $390 million payment and permits the plaintiff to pursue the seizure of Argentine sovereign assets within U.S. jurisdiction.
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A US Court of Appeals has affirmed a $390 million judgment against Argentina for the 2008 expropriation of Aerolíneas Argentinas, permitting the plaintiff to pursue seizure of Argentine sovereign assets within US jurisdiction. This decision finalizes a long-standing legal dispute, with high confidence in the ruling's confirmation.