Split Tribunal Rejects Argentina’s Request To Bifurcate $49M Property Row

( October 21, 2024, 10:19 AM EDT) -- WASHINGTON, D.C. — The International Centre for Settlement of Investment Disputes (ICSID) published a split tribunal’s denial of the Argentine Republic request for bifurcation of a U.S. entity’s claims against for the nonexecution of deeds for land outside Buenos Aires the entity paid $49 million for, with one arbitrator dissenting and writing that the tribunal should have bifurcated Argentina’s objection regarding whether the investor’s nationality entitled it to treaty protections....