Introduction

This case is one of a large number of arbitrations brought by foreign investors against the Argentine Republic, arising from measures taken by the government of Argentina during its financial and economic crisis of 2001-2002. In each case, the claimant asserts that its investment has been damaged by one or more measures taken by the Argentine government; that the investment is covered by a Bilateral Investment Treaty between the country where it is incorporated and the Argentine Republic; that it has a claim for compensation or damages under that treaty; and that the treaty ...