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World Bank orders Argentina to pay $320 million for seizing a Spanish airline
The World Bank's arbitration tribunal has ordered Argentina to pay $320 million plus interest and legal fees to Spanish travel group Marsans for expropriating its airline Aerolineas Argentinas SA in 2008, a local newspaper reported on Saturday. (www.yahoo.com) Más...
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And Argentina is gonna pay how? Pretty hard to get blood out of a turnip.
http://www.reuters.com/article/us-argentina-lawsuit-airline-idUSKBN1A70NF
None should hold their breath waiting for that to get paid The only hope of collecting any amount would require seizure of assets in a venue prepared to respect the judgment. Looking at their list of international destinations, there are few that would likely enforce the decision.
