Expropriation of YPF: The US Justice ruled against the Argentine State, which could pay compensation of up to USD 20 billion

Expropriation of YPF: The US Justice ruled against the Argentine State, which could pay compensation of up to USD 20 billion

Judge Loretta Preska, in charge of the Southern District of Manhattan court, exempted the company from liability but blamed the State. There are two instances to appeal, but you must still file a guarantee

Setback for Argentina in the United States Justice due to the expropriation of YPF

Judge Loretta Preska admitted that the State should have launched an offer on the company's total shares. But it leaves the nationalized company blameless.

Nationalization of YPF: the North American justice system ruled against Argentina in a lawsuit that could be million-dollar

Judge Loretta Preska, of the Court for the Southern District of New York, published the judgment today; the country still has two instances of appeal, but will have to pay a guarantee

The US Justice ruled against Argentina over the re-nationalization of YPF

The judge of the Second Southern District of Manhattan, Loretta Preska, ruled against Argentina in the lawsuit being processed in the United States for the re-nationalization of YPF and ordered compensation that could amount to almost $20 billion.

The United States Justice rules against Argentina over the expropriation of YPF

This process of nationalization took place under the presidency of the Government of Cristina Fernández de Kirchner, current vice-president of the country.

YPF: United States Justice rules against Argentina in expropriation lawsuit

Loretta Preska, the judge in charge of the court for the Southern District of Manhattan, ruled in favor of Spain's Petersen Energia Inversora SAU and Petersen Energia SAU. In turn, it exempted the company from liability, but not the State.