ISDS Case Map
Argentina
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.
Litigation finance treats litigation claims as financeable assets, just like real estate or receivables
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.
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.
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'.
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.
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.
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 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.
Corporations, backed by lawyers, use international investment agreements to scavenge for profits by suing Europe’s crisis countries.
