MercoPress. South Atlantic News Agency
Argentina appeals Judge Griesa's 'contempt of court' ruling
Argentina on Monday asked the Second Circuit Court of Appeals to overturn a federal judge’s finding that it is in contempt of court for taking steps to evade his orders that bondholders who agreed to debt restructurings can only be paid if holdout hedge funds are also compensated. Read full article
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Disclaimer & comment rulesWhat a hilarious move by The Dumb Country. Does it not notice that the Second Circuit Court of Appeals rejects all argie appeals? Does it not understand that a contempt order by a U.S. court is about as autonomous an action as can be taken? Time for argieland to be declared a 'non-country'. Removed from any position in any international body. Defined as 'illegal'.
Nov 05th, 2014 - 10:25 am - Link - Report abuse 0The cretins 'ruling' TDC just don't want to be told and cannot understand how a Judge can actually be more powerful than them!
Nov 05th, 2014 - 11:48 am - Link - Report abuse 0Well, they made that decision when they invoked NY Law in the bonds.
TDC will appeal and appeal until they think that the RUFO clause runs out. They feel it is in their interest to prolong the enevitable.
Nov 05th, 2014 - 12:35 pm - Link - Report abuse 0This idiotic gov't wastes more time and money than it has. At some point the NY courts need to have a chat with their lawyers and tell them what is what.
Nov 05th, 2014 - 02:02 pm - Link - Report abuse 0Shut up and pay up.
I can't wait until Jan 2015 comes and goes without an agreement.
By then they're going owe U$ 7-30B depending on who piles on and if the other bonds accelerate.
:)
Dart/Singer backed candidates swept the Senate elections.
Nov 05th, 2014 - 05:39 pm - Link - Report abuse 0Good Times!
Now how's life lookin' for you, rotting roadkill?
lol.
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