Abstract

In a watershed decision in 2011, an ICSID tribunal accepted jurisdiction over a mass claim brought by 180,000 Italian bondholders against the Republic of Argentina, alleging international law claims arising out of Argentina's sovereign debt default. In 2016, the Abaclat arbitration settled before a decision on the merits could be reached. This Article examines developments in mass claims and sovereign debt claims following the Abaclat jurisdictional decision. It examines procedural aspects of the Abaclat arbitration in order to assess what lessons can be learned about addressing mass ...