The Argentine government and its economic crimes bureau, Procelac, filed on Monday a complaint against Spanish group Marsans for an alleged move to “sell” a lawsuit filed before the World Bank’s ICSID over Aerolineas Argentinas and Austral expropriations, to Burford Capital, a speculative fund. ICSID stands for International Centre for Settlement of Investment Disputes.
Argentine officials publicly stated on Thursday there was no intention of expelling any commercial airline from the country because Aerolineas Argentinas is working well, but called on Latam to help the Argentine flag carrier with reciprocity in Chile and Brazil.