US court upholds $390 million judgment against Argentina over Aerolíneas

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The US Court of Appeals for the District of Columbia Circuit on Tuesday rejected an appeal filed by Argentina and left standing the ruling that recognizes an arbitral award of $390,907,115 in favor of the fund Titan Consortium, over the 2008 expropriation of Aerolíneas Argentinas and Austral Líneas Aéreas Cielos del Sur.

The amount was calculated as of December 10, 2024, with subsequent interest to be added.