Tag: Aurelius Capital Management

• Monday, December 3rd 2012 - 04:54 UTC

  Holdout funds want Argentina to deposit 250m by December 10

  

  Investment funds suing over Argentina's 2002 debt default have asked a US court to order the country to post a security deposit of at least 250 million dollars by December 10, while an appeal of a lower court's order is pending.

• Tuesday, November 27th 2012 - 04:52 UTC

  Investors holding restructured Argentine bonds also appealed Judge Griesa’s ruling

  

  Investors holding 1 billion dollars worth of restructured Argentine debt said they also appealed to US District Judge Thomas Griesa’s ruling that they fear would trigger another default and prevent them from being paid principal and interest due on their bonds next month.

• Friday, October 26th 2012 - 20:39 UTC

  US Court rules against Argentina: all bondholders must be treated equally, including hold outs

  

  US appeals court ruled Argentina discriminated against bondholders who refused to take part in massive debt restructurings in 2005 and 2010 by deciding to pay them later than bondholders who agreed to participate.