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The Nexus
BUSINESSJul 22 · 22:13 UTCMERCOPRESS

US court upholds $390 million judgment against Argentina over Aerolíneas

The US Court of Appeals for the District of Columbia Circuit upheld a $390 million judgment against Argentina, rejecting its appeal over the 2008 expropriation of Aerolíneas Argentinas and Austral Líneas Aéreas Cielos del Sur. The ruling recognizes Titan Consortium's arbitral award, with interest calculated up to December 10, 2024.

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U.S. Court of Appeals for the District of Columbia CircuitorganizationArgentinaplaceTitan ConsortiumorganizationAerolíneas ArgentinasorganizationAustral Líneas Aéreas Cielos del Surorganization
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