The Energy Alliance Launches New Ad Campaign Urging Trump Administration to Defend American Investors in Argentine Energy Lawsuit

Austin, TX – The Energy Alliance today announced the launch of a national ad campaign urging President Donald Trump and his administration to stand up for American investors in the high-stakes legal battle over Argentina’s nationalization of YPF, the country’s largest energy company.

Argentina’s socialist government, led at the time by then-President Cristina Fernández de Kirchner, seized control over YPF in 2012, violating its legal duties to shareholders. The takeover devastated American investors and left them with little recourse but to carry out a years-long legal fight in U.S. courts.

“Americans are being forced to fight in court because Argentina cheated ‘em, and they think they can get away with it,” the ad declares. “Pam Bondi can fix this, helping Americans get what they’re owed. And when she does, Argentina will be reminded – President Trump always puts America First.”

The YPF case presents an important opportunity for President Trump to reinforce his America First economic agenda by ensuring that U.S. investors receive justice and by sending a strong message to foreign governments that the United States will not tolerate capture of American investments.

“This is exactly the kind of case where American leadership is needed,” said Bill Peacock, policy director of the Energy Alliance. “When Argentina refused to honor its agreement with U.S. investors, it put Americans’ pension funds and retirement accounts at risk. If Argentina can simply walk away from its obligations, what’s to stop other nations from doing the same?”

The case is currently pending before the U.S. Court of Appeals for the Second Circuit, which is scheduled to hear arguments later this year. 

For more information about the campaign, visit: www.defendusinvestors.com

The Energy Alliance, a project of the Texas Business Coalition, aims to raise awareness of key energy market issues, focusing on reliability, affordability, and efficiency.

###

Next
Next

U.S. Electricity Prices Higher Under Biden Administration