US EditionExpropriation of Ypf: Tomorrow It Will Be Decided Whether Argentina Should Hand over 51% of the Actions While Appeals Continue
9 Articles
9 Articles
The Court of Appeals of the Second Circuit of New York will decide tomorrow whether to maintain the suspension of the order that obliges the Argentine State to hand over 51% of YPF's actions.The court could also lift that measure or order the country to present some other type of economic guarantee as the appeals for the expropriation of the oil company progress.On June 30, Judge Loretta Preska of the South District Court of New York ordered Arg…
The Second Circuit Court of Appeals will decide tomorrow whether to uphold the suspension of Judge Preska's order. Ricardo Pristupluk / LA NACION – Archive The Second Circuit Court of Appeals will decide whether to uphold the suspension of Judge Preska's order; the State appeals on two fronts and warns that it cannot sell without Congressional authorization. The Second Circuit Court of Appeals in New York will decide this Tuesday whether to upho…
Ten years after the initiation of the case, on Tuesday, August 12, the Court of Appeals of New York must decide whether to hold the order of Judge Loretta Preska that Argentina hand over the actions of the oil company YPF as payment for the “bad” expropriation carried out by Cristina Kirchner in 2012, or whether it forces Argentina to deposit that asset, or others. There are three possibilities: * That Argentina be granted to continue the precau…
The Appeals Chamber of the Second Circuit of New York will decide tomorrow whether to maintain the suspension of the court order that obliges Argentina to hand over 51% of YPF's shares as a form of payment to Burford Capital and Eton Park funds. The measure, issued on June 30 by Judge Loretta Preska, is part of the execution of a sentence that set compensation of US$16.1 billion plus interest for the expropriation of the oil company in 2012. The…
The New York Court of Appeals will decide on Tuesday, August 12, a decisive chapter in the trial for the restatization of 51% of YPF. The court will have to define whether it maintains the precautionary measure that prevents the delivery of the company’s shares as a form of payment, whether it permits the execution of that transfer or if it orders to replace them with other equivalent assets. Judge Loretta Preska’s ruling last June obliges Argen…
The U.S. court will decide whether to maintain the suspension that holds back the delivery of the majority shares of the state oil company. The post Key Judgement by YPF: Today the New York House will define the future of 51% of the shares appeared first on The Intransigent.
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