Can I read Argentina v. Weltover: Sovereign Immunity Case on EtoBox?

Argentina v. Weltover: Sovereign Immunity Case by Maria Cherrylen Castor Quijada is a document available to read on EtoBox.

What is Argentina v. Weltover: Sovereign Immunity Case about?

The Supreme Court ruled that US courts had jurisdiction over Argentina in a breach of contract case. Argentina issued bonds ("Bonods") in US dollars to repay debts from an economic crisis, but later unilaterally extended repayment deadlines. Two Panamanian corporations and a Swiss bank, owed $1.3 million in Bonods, demanded payment in New York. The Court found Argentina engaged in a commercial activity by issuing bonds on international markets. Unilaterally changing the bonds

Author

Maria Cherrylen Castor Quijada

Language

EN