US court rules against Argentina in Aerolíneas Argentinas nationalization lawsuit

A US Court of Appeals has confirmed a ruling against Argentina, mandating a $390 million payment to the Titan Consortium for the 2008 nationalization of Aerolíneas Argentinas. This decision finalizes a long-standing legal dispute, with the plaintiff now permitted to pursue the seizure of Argentine sovereign assets within U.S. jurisdiction. The precise enforcement mechanism and full impact on Argentina's sovereign debt remain uncertain.