Trial by YPF: why Argentina could face the largest sentence against a sovereign country, at the level of the most millionaire "class actions" in US judicial history

Post author:California18
Post published:July 30, 2023
Post category:News
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zzzznacp2ARGENTINIAN NEWS BAIRES, FEBRUARY 21: The Spanish oil company Repsol announced today that the expropriated shares of YPF were revalued by 5 billion dollars, thus bringing the agreement with the Argentine company closer. Photo NA: JUAN VARGASzzzz

The settlement of USD 206,000 million agreed by the tobacco companies marks by far the record of compensation for “class actions” in the history of the US EFE / Ballesteros

The oil spill in the Gulf of Mexico, as a result of the Deep Water platform fire, is, by the amount of the sentence, the second largest “collective action” in US history: USD 20,000 million

Kenneth Lay and Jeffrey Skilling, two of the Enron executives who had to serve jail time, walk into one of the “class action” hearings of 1.5 million shareholders against the company

A tweet from Sebastián Maril, an expert in the trial, about some arguments in the trial against Argentina for the expropriation of YPF

The former director of Anses, Diego Bossio, criticized Kicillof’s “very expensive canchereada” and said that in 2012 he had proposed to expropriate him using Anses funds, but the then minister rejected it because it would be “very expensive”.