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Case of the Day: In re Application of Pott
The case of the day is In re Application of Pott (W.D. Wash. 2013). Pott was an Argentine businessman in the seafood business. He was the co-founder of Bentinicos de Argentina, a seafood company in Argentina, and he sold it to World Capital Properties, Ltd., a Florida firm, in order to get capital needed to……
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Update: Lago Agrio Plaintiffs’ Press Conference
I listened in today on a press briefing the Lago Agrio plaintiffs’ PR team organized to discuss the state of their efforts to obtain recognition and enforcement of the Ecuadoran judgment. The briefing was expressly timed to come shortly before the beginning of Chevron’s annual meeting of shareholders on May 29. (Psst…Chevron…expect protesters!) We heard……
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Update on Argentina v. NML Capital
If you read my post last week on cases on review at the Supreme Court, you may be wondering what happened in Republic of Argentina v. NML Capital, the other case discussed at the Court’s April 12 conference. The Court deferred a decision on Argentina’s request for review and invited the Solicitor General to give……
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Supreme Court Update
Both of my “Cert. Pending” cases to watch are to be discussed at the Justices’ conference this Friday, April 12. And both have made SCOTUSBlog’s “petitions to watch” list, which means that in Tom Goldstein’s view, both “have a reasonable chance of being granted.” Under the Supreme Court’s ordinary practice, we can expect orders in……
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Argentina’s Offer To Holdout Creditors Lacks Oomph
On March 29, as ordered by the Second Circuit, Argentina submitted its offer to its creditors who have been unwilling to exchange their securities for new securities Argentina issued after its default. I have to say that I don’t really understand the offer. As I read the document, Argentina is offering to exchange the old……