Reinsurer Can’t Enforce $33M Awards Against Argentina, Judge Rules

Mealey's (September 19, 2022, 9:51 AM EDT) -- WASHINGTON, D.C. — A District of Columbia federal judge on Aug. 23 granted the Republic of Argentina’s motion to dismiss a petition to enforce two arbitral awards against it as successor-in-interest to a state-owned company that incurred debts to a reinsurer, ruling that a 2018 judgment entered against Argentina is “null and void” because it did not impliedly waive its sovereign immunity from suit under the Foreign Sovereign Immunities Act (FSIA)....

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