The government of Argentina has taken over all the country's banks. No compensation has been paid. Some U. S. citizens and businesses had accounts in the banks. Absent treaty provisions the takeover: a. can be partially set aside by a U. S. federal court on the accounts of U. S. citizens and businesses. b. can be reviewed by the U. S. State Department. c. can be set aside by a U. S. federal court because no compensation was paid. d. is immune from review under the act of state doctrine.
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Home » Business » The government of Argentina has taken over all the country's banks. No compensation has been paid. Some U. S. citizens and businesses had accounts in the banks. Absent treaty provisions the takeover: a. can be partially set aside by a U. S.