WASHINGTON—The Supreme Court on Wednesday revived a $185 million arbitration award British energy company BG Group PLC won against Argentina in 2007.
The high court, in an opinion by Justice Stephen Breyer, reversed a lower-court ruling that said the arbitration process that led to the award was invalid.
The case dates back to Argentina’s 2001-2002 economic crisis. BG alleged the Argentine government destroyed its investments…
Originally posted here: Supreme Court Revives Legal Award Against Argentina
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