US EditionUS Appeals Court Voids $16.1 Billion Judgment Against Argentina Over YPF Seizure
16 Articles
16 Articles
President Javier Milei met this Monday with the United States ambassador to Argentina, Peter Lamelas. The meeting lasted about an hour and a half and after that, the president withdrew from the government palace heading for the official residence of Olivos. “General Agenda United States”, was the brief response in the run-up to the meeting before the consultation on the topics of the meeting, which was initially not officially informed. The meet…
YPF Surges 6.6% on Court Win but Argentine Country Risk Hits 2026 High at 603
Rio Times Daily Market Brief • Argentina Monday, March 30, 2026 · Covering the session of Friday, March 27 The Big Three 1. YPF surged 6.6% in Buenos Aires and 5.9% in New York after a US court ruling favored Argentina in the long-running litigation over the 2012 nationalization of the oil company. Edenor jumped 6.5% and […] The post YPF Surges 6.6% on Court Win but Argentine Country Risk Hits 2026 High at 603 appeared first on The Rio Times.
US Appeals Court Voids $16.1 Billion Judgment Against Argentina Over YPF Seizure
NEW YORK—A divided U.S. appeals court on Friday struck down a $16.1 billion judgment against Argentina for seizing control of state-owned oil company YPF in 2012, a victory for Argentine President Javier Milei as he tries to stabilize the country’s long-strained economy. In a 2–1 vote, the 2nd U.S. Circuit Court of Appeals in Manhattan said the plaintiffs’ breach of contract claims failed as a matter of Argentine law, justifying a reversal. Arge…
The governor of Mendoza, Alfredo Cornejo, said of the recent ruling by YPF in favor of the Argentine government in the courts of New York for its statization and recalled the role of the province in the case. “The data is very good. It does not yet affect the accounts, but it does affect expectations,” he said. The Justice of the United States ruled in favor of Argentina for the conviction that forced the Argentine State to pay more than $16 bil…
President Javier Milei received the US ambassador Peter Lamelas at the Casa Rosada following the favorable ruling in the YPF case. The president confirmed the alignment with the government of Donald Trump. From the executive office they stressed that the White House supported several times the Argentine position in the trial for the expropriation of the oil company. In addition to the meeting the United States senator for the state of Kentucky, …
The president confirmed his strategic alignment with Washington in a key meeting with Peter Lamelas and Senator Rand Paul. The Milei entry received the US ambassador after the historic judicial triumph by YPF was first published in #BorderJournalism.
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