Tag: Loretta Preska

• Saturday, August 16th 2025 - 10:55 UTC

  YPF case: NY Court of Appeals rules in favor of Argentina

  

  The Second Circuit Court of Appeals in New York has suspended a lower court's order that required Argentina to transfer 51% of its shares of the state oil company YPF to a New York bank. This overruling of Judge Loretta Preska's Sept. 2023 order is a significant win for Buenos Aires, as it allows the South American country to appeal the $16 billion judgment without having to surrender a key state asset

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