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Case of the Day: Scheck v. Republic of Argentina
The case of the day is Scheck v. Republic of Argentina (S.D.N.Y. 2011). Scheck had a German judgment against Argentina arising out of Argentina’ default on its German bonds. Scheck sought recognition and enforcement of the judgment in New York. (Why was the case in federal court? Although actions to enforce foreign judgments arise under……
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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……
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Case of the Day: Argentina v. BG Group
The Blogatory case of the day is Republic of Argentina v. BG Group, plc, Civ. A. No. 08-485 (D.D.C. Jan. 21, 2011), a decision on confirmation of an arbitral award under the Argentina-U.K. bilateral investment treaty. After the financial crisis of 2001, the Argentine government enacted emergency legislation that, according to BG Group, an investor……