Tag: Ghana’s Supreme Court

• Wednesday, April 20th 2016 - 07:10 UTC

  Macri pledges “no repeat of the 2012 situation” to Navy's training vessel 'Libertad'

  

  “You can set sail peacefully, because there will be no repeat of the 2012 situation”, president Mauricio Macri told officers, crew and cadets of the Navy's training tall ship Libertad that is ready to set off for the annual tour. Macri was referring to the incident in Ghana when the vessel was seized on an injunction request from one of the holdout funds litigating Argentina over defaulted bonds.

• Saturday, April 2nd 2016 - 07:04 UTC

  How hedge funds held Argentina for ransom

  

  By Martin Guzman and Joseph E. Stiglitz (*) - Perhaps the most complex trial in history between a sovereign nation, Argentina, and its bondholders — including a group of United States-based hedge funds — officially came to an end yesterday (March 31) when the Argentine Senate ratified a settlement.

• Friday, March 4th 2016 - 07:02 UTC

  Paul Singer will have made a $2.4bn profit with the Argentine defaulted bonds

  

  Elliott Management Corp., a New York-based hedge fund that invested in distressed Argentine government bonds well over a decade ago, will have made a $2.4 billion profit on its wager once this week's settlement is finalized, the Wall Street Journal said.

• Monday, April 21st 2014 - 07:06 UTC

  Argentine bonds' case reaches US Supreme Court; support from Obama administration

  

  The US government will stand before the Supreme Court on Monday in support of Argentina's position in its ongoing legal fight with bond investors over a ruling which forces banks in New York, with which Argentina does business, to disclose information about the country's non US assets, as investors seek repayment.

• Tuesday, June 25th 2013 - 23:33 UTC

  Argentina appeals to US Supreme Court its legal battle with ‘holdout’ creditors

  

  Argentina took on Tuesday its legal battle with “holdout” creditors to the US Supreme Court by appealing an adverse decision handed down by a lower US court in October of last year, according to Telam the official news agency from the Argentine government.