Argentina ordered to place US$75 million in escrow pending annulment decision on Sempra award
By Fernando Cabrera Diaz 16 March 2009 An ad-hoc committee formed under the rules of the International Centre for Settlement of Investment Disputes (ICSID) has ordered Argentina to put up US$75 million in escrow as a condition of a continued stay in the enforcement of an award. Under ICSID rules a party seeking the annulment … Continue reading Argentina ordered to place US$75 million in escrow pending annulment decision on Sempra award
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