A. Procedure -- B. Considerations -- Argentina’s privatization program -- Nature and limits of the jurisdictional decision -- Measures of public interest and industry-specific measures distinguished -- Objection to admissibility on the issue of the Claimant’s jus standi -- Corporate personality in Argentine legislation -- Shareholder rights under general international law -- Shareholder rights under the ICSID Convention -- Shareholder rights under the Argentina-United States Bilateral Investment Treaty -- Jurisdictional objection on the dispute not arising directly from investment -- Jurisdictional objection on not following contractual dispute settlement -- Jurisdictional objection on the “fork in the road” triggering -- Objections on assumed consequences -- The law applicable to jurisdiction determination -- Objections to admissibility on the nature and number of disputes -- Relationship between the original dispute and that submitted to arbitration -- Two disputes or a single continuing dispute -- Ancillary claims -- Observance of consultation period -- Discussion of additional assumed consequences -- Jurisdiction affirmed -- C. Decision