Judge Denies Reinsurer’s Bid For Reconsideration Of $33M Awards Against Argentina

Mealey's (February 13, 2023, 2:03 PM EST) -- WASHINGTON, D.C. — A District of Columbia federal judge on Feb. 10 denied a reinsurer’s motion to reconsider dismissing its petition to enforce two arbitral awards worth $33 million against the Republic of Argentina for lack of jurisdiction, writing that the reinsurer improperly introduced new evidence and fails to establish that Argentina is an alter ego to a state-owned company that incurred debts in the underlying dispute....