Case of the Day: NML Capital v. Argentina
The case of the day is NML Capital v. Argentina (2d Cir. 2012). I did not cover the entertaining story of the arrest of the ARA Liberdad in Ghana for payment of Argentina’s sovereign debt, so to make...
View ArticleCase of the Day: Seijas v. Republic of Argentina
We stick with the Argentina debt debacle for today’s case of the day, Seijas v. Republic of Argentina (2d Cir. 2012), the Second Circuit’s second decision on the subject in a matter of days. In Seijas,...
View ArticleBreaking: Lago Agrio Plaintiffs to Seek Recognition and Enforcement in Argentina
Reuters is reporting that the Lago Agrio plaintiffs plan to seek recognition and enforcement of their Ecuadoran judgment in an Argentine court. No details as yet—stay tuned! This new action, if it is...
View ArticleLago Agrio: Argentine Court Freezes Chevron Assets
According to the Lago Agrio plaintiffs, a judge of the Commercial Court of Justice in Buenos Aires has issued an order freezing most of Chevron’s assets in Argentina pending the outcome of the action...
View ArticleArgentina Takes the Liberdad Case to the ITLOS
Update: Here is Argentina’s request to the Tribunal. As I briefly noted a few weeks ago, a Ghanaian court, on the motion of NML Capital, arrested an Argentine naval vessel, the ARA Liberdad, while it...
View ArticleClik here to view.
Lago Agrio: Chevron Accuses DiNapoli
Letters Blogatory wishes its readers a happy Thanksgiving Day! I am posting tomorrow’s post today, so there will be no post tomorrow, or on Friday. We’ll be back on Monday! I’m reporting on two...
View ArticleArgentina to Judge Griesa: Drop Dead. Judge To Argentina: Pay Up—Now
A few weeks ago, I reviewed the Second Circuit’s decision affirming Judge Griesa’s injunction in the NML Capital case requiring Argentina to pay its original bondholders pari passu whenever it makes...
View ArticleArgentina Seeks A Stay from the Second Circuit
Argentina has moved for an emergency stay of Judge Griesa’s injunction. As we saw earlier this week, the judge had lifted the stay of his injunction in light of Argentina’s announced intention never to...
View ArticleSecond Circuit Grants Argentina a Stay
Yesterday the Second Circuit granted Argentina’s motion for an emergency stay of Judge Griesa’s injunction. I suspect the court was concerned with the representations Argentina and others had made...
View ArticleUpdates on Lago Agrio and Argentina
So as not to get too far into the week without some cases of the day, I am going to cover some recent happenings in two of our favorite cases in a single post. First is an update on the hearing on...
View ArticleBREAKING: Argentine Appellate Court Upholds Chevron Asset Freeze In the Lago...
According to Enrique Bruchou, a lawyer for the Lago Agrio plaintiffs quoted by Reuters, an Argentine appellate court has upheld a lower court’s order freezing the assets of Chevron affiliates in...
View ArticleCase of the Day: NML Capital v. Republic of Argentina
Worlds collide in today’s case of the day, NML Capital v. Republic of Argentina (N.D. Cal. 2013). NML Capital, Argentina’s bête noire, sought asset discovery about Argentina in aid of its judgment....
View ArticleArgentina’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....
View ArticleSupreme 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...
View ArticleUpdate 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...
View ArticleUpdate: 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...
View ArticleCase 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...
View ArticleLago Agrio: Argentina’s Attorney General Seeks Lifting of the Embargo
Argentina’s attorney general, Alejandra Magdalena Gils Carbó, has asked Argentina’s Supreme Court to lift the embargo or attachment of Chevron’s assets in Argentina, which the Argentine courts had...
View ArticleLago Agrio: Doug Cassel on the Argentine Attorney General’s Opinion
We welcome back Notre Dame law professor and Chevron advocate Doug Cassel, who offers a view of the Argentine Attorney General’s opinion on the embargo of Chevron’s assets in the country and her...
View ArticleBREAKING: Argentine Supreme Court Lifts Embargo of Chevron Assets In Lago...
Update: The Lago Agrio plaintiffs have described the Argentine court’s decision as a “temporary setback.” The claim the decision is contrary to Article 5 of the Inter-American Convention on Execution...
View Article
