Law & Health Weekly
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American Task Force Argentina
Legislation Seeks to Correct Argentina's Bad Example
October 25th, 2008
American Task Force Argentina (ATFA) applauds U.S. Representatives Sheila Jackson-Lee (D-TX) and Ed Towns (D-NY) for their leadership in introducing the Judgment Evading Foreign States Accountability Act of 2008 (JEFSA). The legislation encourages economic accountability for nations to deal fairly with creditors. "American creditors have no effective way to recover outstanding debt when sovereign nations default on contractual obligations to U.S. citizens or ignore court judgments," ATFA Executive Director Robert Raben said. "Representatives Jackson-Lee and Towns worked diligently to introduce legislation that promotes accountability and stops the unfair practice of...
Source: Law & Health Weekly (2008-10-25)
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