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Second Circuit Court of Appeals hears important case regarding Argentine 16-billion-dollar payout

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The U.S. Court of Appeals for the Second Circuit recently heard arguments in Argentine Republic v. Petersen Energia Inversora, S.A.U. CERL Affiliated Faculty member William Burke-White argues at Bloomberg Law that a reversal by the Second Circuit of the lower court’s decision would be the best outcome for protecting the equality of sovereign states. Professor Burke-White maintains that the lower court’s original decision violates a foundational international legal principal: “Courts of one nation don’t seize or sit in judgment on another state’s property, especially assets within that state’s territory.” 

William Burke-White is a Richard Perry Professor at Perry World House as well as a Professor of Law at Penn Carey Law. He is also a member of CERL’s Affiliated Faculty. Read his bio here

The views expressed here are the author’s own and do not necessarily represent those of any organization or university. 

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Second Circuit Court of Appeals hears important case regarding Argentine 16-billion-dollar payout