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The United Nations Commission on the Limits of the Continental Shelf (the CLCS) has now published its full recommendations on the limits of Argentina's continental shelf. There was considerable press speculation following the issue of a preliminary CLCS press release in March 2016 that its recommendations may have impacted on areas of the continental shelf … Read more
The United Nations Commission on the Limits of the Continental Shelf (the Commission or CLCS) has issued a press release referring to its adoption of certain recommendations in respect of submissions made by Argentina. It is understood that these refer, inter alia, to a 2009 submission regarding the extension of Argentina's rights over the continental … Read more
On August 31, 2015, the U.S. Court of Appeals for the Second Circuit ruled in favour of Argentina’s Central Bank in one of the many proceedings initiated by Argentina’s unpaid bondholders.[1] The decision in EM Ltd. and NML Capital Ltd v. Banco Central De La Republica Argentina[2] reinforces the statutory presumption in favour of States’ … Read more
