Tag: Daniel Pollack

• Tuesday, July 22nd 2014 - 06:49 UTC

  Argentina again requests stay ruling from Judge Griesa to pay restructured bondholders

  

  Argentina asked U.S. judge Thomas Griesa on Monday to put on hold an order requiring it to pay bondholders who did not participate in debt restructurings following the country's 2002 default, while it seeks a “global resolution.”

• Tuesday, July 15th 2014 - 07:07 UTC

  Holdouts call on Argentina to settle debt payments and recall 30 July deadline

  

  Aurelius Capital Management, one of the lead holdout creditors seeking to settle with Argentina over sovereign debt payments from its 2002 default, said on Monday the Argentine government faced a new crisis on July 30 unless it engages in real talks.

• Saturday, July 12th 2014 - 11:00 UTC

  Pollack's hope is that dialogue between holdouts and Argentina will continue

  

  Argentine officials and holdout investors met separately with the New York court-appointed mediator or 'Special Master' for five hours on Friday, presenting their cases in hopes of resolving a litigation on defaulted bonds that has dragged on for years.

• Friday, July 11th 2014 - 06:14 UTC

  Pollack says Argentina, hold-outs and legal representatives will meet on Friday

  

  Special master Daniel Pollack revealed on Thursday he has been talking with holdout funds and Argentine lawyers “on a daily basis”, one day before an Economy Ministry committee travels to New York to meet the mediator in the funds/Argentina litigation case for the second time.

• Wednesday, July 9th 2014 - 08:14 UTC

  Mediator Pollack will receive Argentine delegation Friday in follow up meeting

  

  Argentina confirmed on Tuesday that the delegation headed by Economy Minister Axel Kicillof will continue talks with mediation Daniel Pollack, next Friday in New York, a 'follow up' of Monday's first appointment.

• Tuesday, July 8th 2014 - 08:20 UTC

  Leading holdout hedge fund willing to give Argentina more time to negotiate

  

  Elliott Management portfolio manager Jay Newman has revealed that the holdout hedge fund would be willing to give the Argentine government more time to negotiate following the nation's reverse in the US Supreme Court, while criticizing Economy minister Axel Kicillof for not meeting with the so-called 'vulture funds'.

• Tuesday, July 8th 2014 - 08:10 UTC

  Kicillof meets Pollack requests 'stay' injunction to pay bondholders

  

  Argentine Economy Minister Axel Kicillof held Monday afternoon a meeting that lasted almost four hours with the Special Master appointed by US Judge Thomas Griesa, Daniel Pollack, and requested that an injunction allowing Argentina to pay bondholders be reinstated while negotiations with holdouts developed.

• Monday, July 7th 2014 - 07:26 UTC

  Uruguay Vice-president and Latam UN ambassadors claim US justice took sides

  

  Latin American ambassadors to the United Nations (UN) and Uruguay's Vice-president Danilo Astori showed their support to Argentina in its dispute against holdout hedge funds. They agreed that the so-called 'vulture funds' are a risk to debtor nations and that they pose a threat to the region.

• Monday, July 7th 2014 - 07:17 UTC

  Kicillof formally meets 'Special Master' Pollack, but not holdouts delegates

  

  Economy minister Axel Kicillof is heading the Argentine delegation that on Monday will hold a first formal meeting in New York with “Special Master”, financial expert Daniel Pollack, appointed as mediator by Judge Thomas Griesa in negotiations between the sovereign country and holdout hedge funds, according to a release late Sunday from Buenos Aires.

• Friday, July 4th 2014 - 07:47 UTC

  Kicillof confirms meeting of Argentine delegation with mediator Pollack

  

  Economy minister Axel Kicillof has confirmed that Argentina would enter talks with mediator 'Special Master' Daniel Pollack over the legal battle currently raging between the nation and holdout hedge funds as 'vulture funds', while clarifying that those funds would not be present.