Tag: Paul Singer

Paul Singer
Wednesday, November 4th 2015 - 07:41 UTC

Argentina defaulted bonds dispute pushed into the US Republicans' presidential campaign

Billionaire New York investor Paul Singer sent a letter to dozens of other donors declaring his support for Rubio in the presidential primary

One of the wealthiest and most influential Republican donors — who also happens to be in the midst of a legal battle with Argentina over defaulted-debt — is throwing his support behind the presidential campaign of US Republican Senator Marco Rubio of Florida, according to a New York Times report.

Wednesday, March 25th 2015 - 07:30 UTC

New York Court of Appeals delays decision on Argentina's contempt of court

Judge Griesa moved against Argentina due to its refusal to pay 1.35 billion dollars plus interest and penalty charges to the hedge funds

The New York Court of Appeals has decided to push back its decision on Argentina for another week, as the Cristina Fernandez administration seeks to overturn the contempt ruling imposed by judge Thomas Griesa in the ongoing conflict against holdout investors.

Tuesday, March 24th 2015 - 05:16 UTC

Holdouts of Argentine-law bonds 'reach agreement' with Griesa and Citibank

Paul Singer's NML fund claims that Citibank will not file an appeal over Judge Griesa’s more central ruling.

Paul Singer-controlled NML Capital said that the hedge fund, as well as other holders of Argentine debt, made a deal with Citibank regarding the legal dispute at New York courts over Argentine-law bonds.

Friday, March 20th 2015 - 08:03 UTC

US website to honor Nisman has among its sponsors the head of a hedge fund in litigation with Argentina

Paul Singer in a billion-dollar legal battle against Argentina over defaulted debt, is the second-largest donor to the Foundation for Defense of Democracies (FDD).

A Washington-based think-tank launched a website and award to honor the memory of late AMIA special prosecutor Alberto Nisman yet its founders raised a few eyebrows as they include someone who has an ongoing court case and regularly spoken ill of Argentina.

Wednesday, February 25th 2015 - 05:27 UTC

Argentina will appeal on Thursday Judge Griesa's 'contempt of court'

Kicillof said the 2nd US Circuit Court of Appeals in New York has sent no “warning” to Argentina regarding a contempt order

The Argentine government will present on Thursday its appellant’s brief over the contempt of court ordered by New York Judge Thomas Griesa, the Economy Ministry has confirmed. Griesa had ruled Argentina in contempt of his orders due to working on a plan to shift control over payments of its restructured debt to Buenos Aires.

Sunday, November 9th 2014 - 10:35 UTC

Argentine bondholders file for 'me too' at Judge Griesa's court: claims reach 6.5bn

Carmine Boccuzzi told Griesa that holders of Argentina’s defaulted debt will seek to have his 2012 order applied in their cases

Argentina told New York district judge Thomas Griesa that bondholders filed 25 lawsuits since June, when the judge ordered blocking the country's from paying its restructured debt without also paying a group of holdouts, Bloomberg news has reported.

Thursday, November 6th 2014 - 07:22 UTC

Argentina and hedge fund NML Capital ratify their commitment to keep fighting

“If someone thinks that on January first Argentina will go on its knees to negotiate with vulture funds, he is getting it all wrong” said Vanoli, central bank chief

Argentine Central bank chief Alejandro Vanoli, said the country will be not getting down on its knees in a negotiation with 'vulture funds' (hedge funds), once the January first date comes and the controversial RUFO clause, (preventing Argentina from voluntarily offering holdout creditors better terms than those of its 2005 and 2010 restructurings), falls.

Saturday, October 25th 2014 - 10:09 UTC

Another hedge fund, Dart container, after Argentine assets to cash defaulted bonds

“EM now seeks an injunction from this court that is the same as the injunction that was issued in NML v. Argentina,” Dart’s hedge fund said

Billionaire Kenneth Dart’s EM Ltd. is seeking to take advantage of a U.S. court ruling won by fellow billionaire hedge fund manager Paul Singer NML Capital, as he seeks payment on 835 million dollars in defaulted Argentine bonds.

Tuesday, October 7th 2014 - 00:53 UTC

Holdouts insist they want to negotiate with Argentina a solution to bonds dispute

“The interest of my client is to negotiate a solution to the dispute with Argentina”, said Cohen in New York

Lawyer Robert Cohen representing NML, the main holdout fund in litigation with Argentina, insisted that his client is prepared and willing “to negotiate” but also questioned the government of President Cristina Fernandez attitude during the court hearings in New York over the restructured debt.

Saturday, August 30th 2014 - 08:01 UTC

Judge Griesa schedules new hearing; Argentina appeals to United Nations on holdout case

Following a request from Elliott NML Capital, US District Judge Griesa scheduled a hearing for Sept. 10 at 2:30 p.m. EDT

The US judge overseeing litigation by Argentina and creditors who did not participate in the country's past debt restructurings scheduled a hearing to assess whether Citigroup Inc (C.N) should be forced to comply with a subpoena.


Get Email News Reports!

Get our news right on your inbox.
Subscribe Now!