Appeals court hands victory to Argentina in bonds dispute; questions Judge Griesa's 'class' expansion

Thursday, September 17th 2015 - 08:32 UTC

Full article 4 comments

A United States federal appeals court handed Argentina a victory Wednesday in its quest to relieve itself of the pressures of debt owed to American hedge funds and others, saying a judge went too far by letting some bondholders demand payment without proving how much they are entitled to be paid. Read full article

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ChrisR
This won't make any real difference, the liars and crooks of TMBOA will spin it out until the new government takes over who will have to pay the actual debts owed to bondholders if TDC wants to access credit in the world markets.
Sep 17th, 2015 - 11:17 am - Link - Report abuse 0
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Enrique Massot
A step in the right direction for the judges, who are reigning in some of the most blatant excesses of a judge bent on inflicting as much damage as he possibly can to a country that refuses to kneel down.
As usual, diligent ChrisR hurries up to reassure us that “this won't make any real difference.”
He makes as much sense as CFK's political opposition: “If we win, all is right. If we lose, we'll claim fraud.”
Sep 17th, 2015 - 04:16 pm - Link - Report abuse 0
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Vestige
Well I for one am shocked. lol.

Wheel him off.
Sep 17th, 2015 - 07:47 pm - Link - Report abuse 0
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Enrique Massot
First, presidential candidate agreed to the withdrawal of one of his key candidates to the Bs. As. provincial legislature following allegations (not proven in court) that $21 million in contracts had been awarded without request for proposals and without official notice.
Next, the head of Channel 4 from Posadas, in the Misiones province, has filed a criminal complaint after records showed the Buenos Aires City had paid the channel several million pesos, supposedly for advertising services. Carlos Valenzuela stated the channel never had a contract nor received a dime in payment from Bs. As.
Keep tuned.
http://buenosairesherald.com/article/198937/media-owner-from-misiones-files-criminal-complaint-against-macri-over-state-ads
Sep 18th, 2015 - 04:50 am - Link - Report abuse 0
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