Pollack confirms 'eventful week' of negotiations between Argentina and holdouts

Saturday, February 13th 2016 - 05:32 UTC

Full article 2 comments

In the midst of ongoing negotiations in the United States courts between the administration of President Mauricio Macri and holdouts to reach an agreement, special master Daniel A. Pollack on Friday issued a statement reiterating “two major holdouts reached agreements in principle with Argentina to settle their claims. Read full article

Comments

Disclaimer & comment rules

chronic
Enforcement of the pari passu clause was granted for the plaintiffs.

There is no legal basis for it to be abated at the bequest of the defendant unless the underlying default has been cured.

Rottingroadkillians are clueless.
Feb 13th, 2016 - 09:13 am - Link - Report abuse 0
-+
Marti Llazo
Pollack's jive could be summarised as follows:

“ Argentistan is still in default, still in contempt of court, still screwing around, and we didn't get anywhere this week.”
Feb 13th, 2016 - 12:42 pm - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!