Tag Archives: Abaclat

A matter of class: the spectre of class action arbitration in consumer product disputes

Class arbitrations have primarily been viewed as an instrument of the US legal system. However, given the international capability and procedural flexibility of arbitration, the scope that they offer for collective redress by consumers is attracting increasing interest.

Leave a Comment

Filed under Enforcement, The Americas

Tribunal navigates the procedural minefield in Abaclat v Argentina, issuing its 17th procedural order

On 8 February 2013, the majority of the tribunal in the famous Abaclat and Others v Argentina case issued its 17th procedural order. The first such order dates back to 2008 and this will no doubt not be the last. … Continue reading

Leave a Comment

Filed under Investment Arbitration, The Americas

ICSID tribunal takes jurisdiction over 60,000 bondholder claims against Argentina for sovereign debt default

In its decision of 4 August 2011, a majority tribunal took a monumental decision to accept a “mass claim” under the ICSID rules in relation to Argentina’s debt default in 2002. Such was the controversy of the decision in Abaclat … Continue reading

Leave a Comment

Filed under Investment Arbitration, Public International Law, The Americas