Tag: Thomas Griesa

Thomas Griesa
Saturday, April 7th 2012 - 07:07 UTC

Obama administration sides with Argentina in case filed by ‘vulture funds’

The US government does not condone or excuse Argentina but Judge Griesa rulings are harmful for foreign policy

The US has sided with Argentina and asked a federal appeals court to reverse lower-court rulings stemming from bond holders’ attempts to collect on judgments against the Argentine Republic.

Friday, March 30th 2012 - 07:42 UTC

US Judge criticizes Argentine ‘continued intransigence’ in refusing to honour lawful debts

Judge Griesa nevertheless threw out claims by defaulted bondholders

A US judge threw out claims by bondholders on up to 2.21 billion dollars of Argentine funds held at the Federal Reserve Bank of New York, but criticized the country’s “continued intransigence” in refusing to pay creditors holding defaulted debt.

Wednesday, January 18th 2012 - 03:13 UTC

Argentine defaulted bonds dispute reaches the US Supreme Court

The US Supreme Court has asked the Obama administration for its view on the case

The US Supreme Court has asked President Barack Obama's administration for its views of a ruling that unfroze 105 million dollars of Argentina's central bank deposits in a setback for two US investment funds that sought to seize the money to satisfy their claims from Argentina’s debt default a decade ago.

Friday, February 4th 2011 - 21:53 UTC

Argentina still haunted by the holdouts from the 2001 default

New York Federal Judge Thomas Griesa

Argentina’s attempts to return to global credit markets nine years after its 2001/02 default received this week mixed results. New York Federal Judge Thomas Griesa has issued a ruling urging Argentina to pay 54.33 million Euros (US$75.1 million) to the Capital Ventures International Fund.

Tuesday, July 27th 2010 - 02:48 UTC

US District Judge rules in favor of Argentina against ‘vulture funds’

Judge Griesa said bonds are in Argentina and he has no jurisdiction

Argentina won a court decision that keeps so-called vulture funds with demands against the country from gaining possession of bonds held in a Buenos Aires government trust account.

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