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Case of the Day: Argentine Republic v. National Grid plc

The case of the day, Argentine Republic v. National Grid plc (D.C. Cir. 2011), shows the importance of compliance with the statutory time limits in the FAA. The case involved another UK investor arbitration against Argentina on account of measures it took to deal with its financial crisis (we previously reported on Argentina v. BG Group, which also arose out of the Argentine crisis and also involved a claim by a British investor). The tribunal found Argentina liable and awarded the investor $53 million.
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