Tag: Paul Singer

Wednesday, March 2nd 2016 - 23:46 UTC
Trump tsunami: Republican hedge fund billionaire Paul Singer to become Rubio's finance chairman

Paul Singer, the influential hedge fund billionaire from New York who endorsed Marco Rubio in October, is set to be named as his national finance chairman according to various US press reports. Singer is well known in Argentina for bringing a lawsuit against the government in the holdouts dispute.
Tuesday, March 1st 2016 - 05:05 UTC
Special Master announces settlement of 15-year battle between Argentina and 'holdout' hedge funds

Daniel A. Pollack, Special Master appointed to preside over settlement negotiations between the Republic of Argentina and its “Holdout” Bondholders, this morning (29 February) issued the following statement:
Saturday, February 20th 2016 - 06:41 UTC
Griesa prepared to drop injunction if Argentine congress repeals 'lock law'

The judge presiding over a long-running battle between Argentina and a group of New York hedge funds said on Friday that he would lift an injunction that had locked Argentina out of international markets, if certain conditions are met.
Wednesday, February 10th 2016 - 07:24 UTC
Argentina still has uphill battle with holdouts: a stay of pari-passu is next round

While investors cheered progress on last week's arduous negotiations in New York between Argentine government officials and litigant investors, the administration of president Mauricio Macri still faces an uphill battle as it works to bring other holdouts on board.
Wednesday, February 3rd 2016 - 07:23 UTC
Argentina agrees to pay Italian bond holders including “a reasonable interest”

Argentina announced Tuesday that it reached a $900 million preliminary accord to settle its pending debt with 50,000 Italian holders of defaulted Argentine government bonds. Finance minister Alfonso Prat-Gay said that the agreement with Italian bondholders includes the Argentine government's acknowledgement of the debt “and reasonable interest”.
Thursday, December 10th 2015 - 08:18 UTC
Pollack confirms Macri´s administration intention of negotiating with hedge funds

The court-appointed mediator in a long-running debt dispute pitting Argentina against holdout hedge funds said Wednesday that President-elect Mauricio Macri's incoming administration intended to negotiate a settlement.
Wednesday, November 4th 2015 - 07:41 UTC
Argentina defaulted bonds dispute pushed into the US Republicans' presidential campaign

One of the wealthiest and most influential Republican donors — who also happens to be in the midst of a legal battle with Argentina over defaulted-debt — is throwing his support behind the presidential campaign of US Republican Senator Marco Rubio of Florida, according to a New York Times report.
Wednesday, March 25th 2015 - 07:30 UTC
New York Court of Appeals delays decision on Argentina's contempt of court

The New York Court of Appeals has decided to push back its decision on Argentina for another week, as the Cristina Fernandez administration seeks to overturn the contempt ruling imposed by judge Thomas Griesa in the ongoing conflict against holdout investors.
Tuesday, March 24th 2015 - 05:16 UTC
Holdouts of Argentine-law bonds 'reach agreement' with Griesa and Citibank

Paul Singer-controlled NML Capital said that the hedge fund, as well as other holders of Argentine debt, made a deal with Citibank regarding the legal dispute at New York courts over Argentine-law bonds.
Friday, March 20th 2015 - 08:03 UTC
US website to honor Nisman has among its sponsors the head of a hedge fund in litigation with Argentina

A Washington-based think-tank launched a website and award to honor the memory of late AMIA special prosecutor Alberto Nisman yet its founders raised a few eyebrows as they include someone who has an ongoing court case and regularly spoken ill of Argentina.