Advisor to Repsol on the negotiations with the Argentinean Government on the compensation agreement “Convenio de Solución Amigable y Avenimiento de Expropiación” over the expropriation of YPF.
The agreement reached between the Republic of Argentina and Repsol recognized the company’s right to receive US$5 billion as compensation for the expropriation of 51% of the shares of YPF and stipulated guarantees for effective payment as well as the termination of all judicial and arbitration proceedings and the reciprocal waiver of future claims.