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US Court of Appeals will hear Argentine case on assets disclosure

Wednesday, December 17th 2014 - 13:11 UTC
Full article 18 comments

US Court of Appeals for the Second Circuit in Manhattan this Wednesday morning will hear Argentina’s appeal against US Judge Thomas Griesa’s order to Argentine banks to provide information on the state’s assets. Read full article

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  • yankeeboy

    Those conventions and Federal Ruling she's talking about don't apply because Arg waived Immunity/Sovereignty.
    My bet next year BCRA funds will be attachable
    They can seize non embassy property
    and Embassy bank accounts

    I can't wait

    Dec 17th, 2014 - 03:08 pm - Link - Report abuse 0
  • Moderator

    Just 1 comment? Where is the rest of the bashing mob?

    Dec 17th, 2014 - 03:15 pm - Link - Report abuse 0
  • Conqueror

    @2. Bashing? Why do say “bashing”? After all, raising US$82 billion by means of fraudulent bonds and then refusing to pay it back is quite normal, ISN'T IT? Well, it is for argieland. After all, argieland is doing so WELL, isn't it? Here's a thought. When your debts are so much that you can't afford to eat, it's not the right time to go out and promise to spend US$8 million. Will Russia ever get paid for its tugs? Or will argieland tell Russia that it will have to make do with US$2.4 million? Does Russia know? Russian bases? That'll get US attention. Remember Cuba? Still embargoed. US supports Falkland Islands?

    Wonder if argies have ever heard of honesty? Looking back over other debt restructurings, I see a common pattern. The debtor goes to the lender(s) and tells them it can't afford to pay. There are negotiations. The lender(s) decide what they will accept. From time to time there is an agreement that the debtor will pay more when/if the situation improves. WHERE has argieland followed this simple course of action? Where were the negotiations? How many debt restructurings have finished up in court? How many times has a country been cited for contempt of court? How many times has a debtor tried to get the whole international financial system altered to suit itself? Fortunately, argieland can't get the system changed in any way that the US will recognise. General Assembly resolutions are NON-BINDING. The US has the clout to ensure that financial activities in the US comply with US requirements. The US and its allies will benefit. Argieland will do what it does best. First, it will fail. Then it will scream that it is a victim. And who will care?

    Dec 17th, 2014 - 04:15 pm - Link - Report abuse 0
  • CabezaDura2

    Regardless of what the US court of appeals say, the holdouts are correct, the BCRA is a purse of the Kirchnerists with no independence at all

    http://www.lanacion.com.ar/1752586-cuando-los-buitres-tienen-razon

    Dec 17th, 2014 - 04:18 pm - Link - Report abuse 0
  • Hernán

    Thank you President Barack Obama and Pope Francis, for your leadership. All countries of America (from Alaska to Tierra del fuego), appreciated and will recognize his leadership forever.

    Today December 17 is a day that will live forever in the memory of Latin Americans.

    Beyond, that many of us in Latin America not share the Cuban ideology, Cuba is an American country and should return to their roots, along with the rest of the countries of America, beyond ideologies, sitting at a table where all the American countries put forward their opinion.

    Now the challenge is to the Cubans themselves, hope in a future free elections and multiparty. Cuba should relax its political system towards new horizons, more democratic and flexible. The countries of Latin America has a fundamental role in this last item.

    NOW THE ONLY DISPUTE WHICH STANDS IS THE MATTER FALKLANDS / MALVINAS. THE UNITED KINGDOM MUST HAVE THE GREATNESS TO START A DIALOGUE, ONLY THAT, DIALOGUE, NOTHING MORE.

    A NEW AMERICA IS EMERGING FROM ALASKA TO TIERRA DEL FUEGO, LONDON TO GIVE ACCOUNT OF THAT.

    OTHERWISE, THE BRITISH ISLANDERS WILL BE THE ONLY PEOPLE IN ALL OUR GREAT AMERICA, ISOLATED WITHOUT BEING ACTIVE PARTICIPANTS OF OUR LIFE AS AMERICANS

    NOW AT THE MEETING OF MERCOSUR, HERE IN ARGENTINA, ALL COUNTRIES OF THE REGION (INCLUDING CHILE) ARE EXPRESSING, JUST RIGHT NOW, THE UNRESTRICTED SUPPORT FOR THE QUESTION MALVINAS AND VULTURES FUNDS TO ARGENTINA.

    FALKLANDS / MALVINAS, FROM TODAY AND LAST GREAT CAUSE OF AMERICA, WE LOVE YOU AND WISH YOU AT HOME, BEAUTIFUL, RADIANT AND VIBRANT AS YOU WENT SOMETIME.

    AMERICA WILL NEVER BE COMPLETE WITHOUT YOU.

    Dec 17th, 2014 - 06:53 pm - Link - Report abuse 0
  • golfcronie

    @5
    Very elocuent Hernan, now fuck off the FALKLANDERS have spoken, they want nothing to do with you.

    Dec 17th, 2014 - 07:05 pm - Link - Report abuse 0
  • Troy Tempest

    5 Hernan

    Indoctrinated fool.

    Do you really think the “Americas” are or will be “United” against Britain?

    Why - why do you there exists a conflict between “the Americas”
    and Britain?

    Hernan,
    It is a racist concept, all in the minds of you and your indoctrinators, and fellow indoctrinated.

    Chilé and the British are friends, likewise the US and Canada.

    Many SA countries are happily trading with the UK - sorry you prefer not to believe that.

    Dec 17th, 2014 - 07:25 pm - Link - Report abuse 0
  • RICO

    The Falkland Islands have been at peace with its neighbours from the arrival of the first British Governor in January 1834 to today in December 2014. The only exception has been a brief invasion and occupation, condemned by the UN General Assembly and Security Council by the fascists in Argentina which lasted for 10 weeks. 180 years and 9 months of peace out of the last 180 years and 11 months. Are there very many other Territories in the world that have had more peaceable relations with its neighbours than the Falkland Islands?

    Dec 17th, 2014 - 07:56 pm - Link - Report abuse 0
  • toooldtodieyoung

    5 Hernán

    You really are smacked off your t*ts arn't you??

    I'll write this 3 times so that you can be sure to understand it:-

    No!! No!! and No!!!

    Not without speaking to the Islanders themselves first.

    everything else is secondary to this. Please try and get your head round it.

    Dec 17th, 2014 - 08:04 pm - Link - Report abuse 0
  • imoyaro

    @4
    Thanks for the link, CD2.

    Dec 17th, 2014 - 08:10 pm - Link - Report abuse 0
  • Z-ville

    Ironic, isn't it?

    The Whacky Leadership thinks that billion-dollar debts incurred 15 years ago should be forgiven and forgotten, but Islands that others have owned for 200 years should be given to them in full...

    Dec 17th, 2014 - 10:53 pm - Link - Report abuse 0
  • yankeeboy

    You're not an ordinary litigant,“ Circuit Judge Barrington Parker said to Argentina's lawyer during oral arguments. ”You're a pathological tactical litigant.”
    http://www.reuters.com/article/2014/12/17/argentina-debt-appeal-idUSL1N0U136020141217
    Bahahaha

    Argentina is always making a fool of itself.

    Dec 18th, 2014 - 02:00 am - Link - Report abuse 0
  • ChrisR

    “but the lawyers say that there are several issues have not been solved yet.”

    “Like we know we can milk the stupid bastards for more money”, the lawyers said to themselves.

    “If all the shearing and pruning is done that you're asking for, you still can't give us your assurance your client would follow the order?” Circuit Judge Ralph Winter asked Blackman.
    “Blackman said he could not tell the judges what Argentina would do, but said he would recommend it comply with a narrowed order.” “BUT we get paid whatever they do, we hope” he went on to say.

    The argies will never pay NML et al, not until TMBOA is out of the picture no matter how stupid they look on the international ‘stage’ (a favourite SA word for politicians).

    Dec 18th, 2014 - 10:02 am - Link - Report abuse 0
  • golfcronie

    @13
    I think you will find that she may be that embarrassed by “ disclosure ” that she may have to pay, but will find away to soften the blow to the electorate.

    Dec 18th, 2014 - 11:50 am - Link - Report abuse 0
  • yankeeboy

    The tone of the Judges is quite damning for Argentina. They're sick and tired of their nonsense.
    They're going to lose.
    At least this one give NML the ability to get at all their USA assets including BCRA funds.
    They're going to have a very difficult time conducting business outside of the USA.

    Dec 18th, 2014 - 12:35 pm - Link - Report abuse 0
  • Captain Poppy

    Looks like that did not go as they planned.

    Dec 23rd, 2014 - 04:56 pm - Link - Report abuse 0
  • Troy Tempest

    Capt.

    They know how much is too much ... will always push their luck.

    LOL!!

    Dec 23rd, 2014 - 10:50 pm - Link - Report abuse 0
  • Captain Poppy

    The Latam mentality is confounding. How can a group as a whole be so simple and so stupid?

    Dec 24th, 2014 - 11:11 am - Link - Report abuse 0

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