US EditionArgentina Ordered to Surrender YPF Stake to Satisfy Court Judgment
50 Articles
50 Articles
New York Court determined that the country should transfer 51% of the shares as partial payment of a US$ 16 billion judgment
The government of Javier Milei finally appealed this Thursday the ruling of the judge of the Southern District Court of New York, Loretta Preska, who ordered the Argentine state to hand over 51% of YPF's shares to the funds -Burford and Eton Capital-, the plaintiffs in the trial initiated by the establishment of the oil company, carried out in 2012.The presentation of the appeal, disseminated by Sebastián Maril, consultant of Latam Advisors and …
Argentina Moves to Appeal US Judge’s Order to Give Up YPF Stake
Argentina filed notice that it was appealing a US judge’s ruling requiring the South American nation to hand over its controlling stake in energy company YPF SA by next week to help satisfy a $16 billion judgment.
London could lift the military sanctions imposed on Argentina after the Malvinas war to deal with China’s growing influence in the South Atlantic. But for that, Buenos Aires has to make concessions
US Judge Orders Argentina to Hand Over YPF Stake Following $16.1 Billion Judgment
A U.S. federal judge has ordered Argentina to relinquish its stake in the energy company YPF as part of efforts to satisfy a $16.1 billion judgment against the country. The ruling, issued amid Argentina’s ongoing struggles with creditors, marks a significant development in the long-running dispute tied to sovereign debt and investor claims. The decision [...]
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