US EditionAnother Trial Against Argentina: an Electric One Goes to the u.s. Justice to Be Able to Collect an International Judgment in His Favor for $800 Million
4 Articles
4 Articles
The American AES, which operates several generators, obtained a favorable judgment in May in the Ciadi, the World Bank court, after 23 years of litigation.Now it seeks to force the country to pay, through a trial in the United States.
The US electric company AES Corporation filed a lawsuit in a court in Washington with the aim of executing a USD 732 million ICSID judgment against the Argentine Republic. The ruling, issued in May, is related to the pesification of the contracts for the concession of the Alicurá dam, located on the Limay River, between Neuquén and Río Negro. The news was confirmed by Sebastián Maril, CEO of Latam Advisors, who explained that it is a request for…
AES, an energy giant from the US, demands that Argentina execute an international failure for US$ 824 million. The risk of embargoes on assets abroad grows.
The North American company of the electricity sector AES filed a lawsuit against Argentina in a court in Washington seeking recognition of a ruling of the International Center for Settlement of Investment Disputes (CIADI) for USD 732 million and requested authorization to execute the sentence in the US. This was reported by Sebastián Maril, CEO of Latam Advisors. This is an execution request for the adverse judgment issued last May in that court…
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