Tag: Thomas Griesa

• Tuesday, July 24th 2012 - 21:13 UTC

  US sides with Argentina in “pari-passu” controversy with defaulted bondholders

  

  Argentina asked a US federal appeals court to reverse lower-court rulings that could help creditors including Elliott Management Corp.’s NML Capital Fund collect on 1.4 billion dollars in defaulted bonds.

• Tuesday, June 26th 2012 - 06:25 UTC

  US Supreme Court rules in favour of Argentina and unfreezes funds

  

  The US Supreme Court on Monday rejected an appeal by two US investment funds that seek to seize 105 million dollars of Argentina's central bank deposits in New York to satisfy their claims from the country's huge debt default a decade ago.

• Saturday, April 7th 2012 - 07:07 UTC

  Obama administration sides with Argentina in case filed by ‘vulture funds’

  

  The US has sided with Argentina and asked a federal appeals court to reverse lower-court rulings stemming from bond holders’ attempts to collect on judgments against the Argentine Republic.

• Friday, March 30th 2012 - 07:42 UTC

  US Judge criticizes Argentine ‘continued intransigence’ in refusing to honour lawful debts

  

  A US judge threw out claims by bondholders on up to 2.21 billion dollars of Argentine funds held at the Federal Reserve Bank of New York, but criticized the country’s “continued intransigence” in refusing to pay creditors holding defaulted debt.

• Wednesday, January 18th 2012 - 03:13 UTC

  Argentine defaulted bonds dispute reaches the US Supreme Court

  

  The US Supreme Court has asked President Barack Obama's administration for its views of a ruling that unfroze 105 million dollars of Argentina's central bank deposits in a setback for two US investment funds that sought to seize the money to satisfy their claims from Argentina’s debt default a decade ago.

• Friday, February 4th 2011 - 21:53 UTC

  Argentina still haunted by the holdouts from the 2001 default

  

  Argentina’s attempts to return to global credit markets nine years after its 2001/02 default received this week mixed results. New York Federal Judge Thomas Griesa has issued a ruling urging Argentina to pay 54.33 million Euros (US$75.1 million) to the Capital Ventures International Fund.

• Tuesday, July 27th 2010 - 02:48 UTC

  US District Judge rules in favor of Argentina against ‘vulture funds’

  

  Argentina won a court decision that keeps so-called vulture funds with demands against the country from gaining possession of bonds held in a Buenos Aires government trust account.