US EditionArgentina Ordered to Surrender YPF Stake to Satisfy Court Judgment
50 Articles
50 Articles
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.
New York federal judge Loretta Preska will report this Monday 14 if she gives rise to the request of the Argentine government to suspend the order for the surrender of YPF's state actions while the appeal of the decision for the expropriation of the oil company is being processed, a sentence that imposes a compensation of US$16 billion on the country. The decision she will make public does not yet imply a substantive review of the measure ordere…
New York judge Loretta Preska will decide on Monday, July 14, whether to grant the Argentine Republic the benefit of suspending the sentence that obliges the country to hand over 51% of YPF's shares to the speculative funds that filed the lawsuit for the expropriation of the oil company. [...] The post-Judge of New York will decide whether to suspend sentence that forces the country to hand over 51% of YPF shares appeared first on Trade and Just…
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