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US Court rejects Argentina appeal in Aerolíneas nationalization case, mandates $390M payment
La Nación (Argentina)LO·AR · US·about 5 hours ago
The U.S. Court of Appeals for the District of Columbia denied Argentina's motion to dismiss a lawsuit brought by Titan Consortium regarding the 2008 expropriation of Aerolíneas Argentinas from the Marsans group. This ruling upholds a prior ICSID arbitration award, creating a significant financial liability for the Argentine state.
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