Abaclat and others v. Argentina Abaclat and others (formerly Giovanna A. Beccara and others) v. Argentine Republic (ICSID Case No. ARB/07/5)
Ownership of sovereign bonds issued by Argentina held by over 60,000 claimants.
Claims arising out of Argentina's enactment of legislation concerning the restructuring of its public debt, leading to the Government's default in sovereign bonds in late 2001, and circumstances surrounding its 2005 settlement with foreign holders of its defaulted bonds.
Tertiary: K - Financial and insurance activities
64 - Financial service activities, except insurance and pension funding
ICSID (International Centre for Settlement of Investment Disputes)
ICSID (International Centre for Settlement of Investment Disputes)
Tercier, P.
Briner, R. (replaced)
van den Berg, A. J.
Torres Bernárdez, S.
Abi-Saab, G. (replaced)
3000.00 mln USD
1350.00 mln USD
Indirect expropriation

Fair and equitable treatment/Minimum standard of treatment, including denial of justice claims

Umbrella clause

National treatment

Most-favoured nation treatment

Arbitrary, unreasonable and/or discriminatory measures
Not applicable - settled or discontinued before decision on liability