Tag: Thomas Griesa

• Thursday, December 11th 2014 - 11:29 UTC

  Argentine argues before NY Appeals court the central bank is not an 'alter ego' of the administration

  

  Lawyers representing the Argentine government and the Central Bank have defended the country's stance on the debt conflict in a hearing with the New York Second Circuit Appeals Court, rejecting the notion that holdout investors could confiscate reserves or assets belonging to the financial entity.

• Saturday, December 6th 2014 - 00:30 UTC

  Argentina offers advance payment of 2015 maturing bonds to head off speculation

  

  Argentina's government offered this week to make full early payment on a local dollar-denominated bond to head off speculation that its legal battle with U.S. hedge funds will make it unable to service its debt.

• Friday, November 28th 2014 - 06:17 UTC

  Griesa rejects payment request from investors holding Argentine bonds in Euros

  

  US Federal judge Thomas Griesa has rejected a request by European investors seeking payment on Argentine titles currently blocked in New York, despite an ongoing parallel court battle over the issue in London.

• Tuesday, November 18th 2014 - 07:59 UTC

  German bondholders join the “me-too club” demanding payment of Argentine bonds

  

  Demands against Argentina by so-called “me-too” bondholders, who are asking to be paid in the same conditions as Elliot and Aurelius Managment holdouts, are starting to pile up as holders of Argentine bonds issued under German law who didn’t take part of the country’s debt swap filed a new complaint at a United States court to demand full payment.

• Tuesday, November 11th 2014 - 07:25 UTC

  Griesa authorizes Citibank to pay restructured bonds under Argentine law

  

  New York District judge Thomas Griesa has authorized Citibank to complete the transfer of 85 million dollars to holders of restructured Argentine bonds under Argentine law, meeting debt services that expire on December 31.

• Sunday, November 9th 2014 - 10:35 UTC

  Argentine bondholders file for 'me too' at Judge Griesa's court: claims reach 6.5bn

  

  Argentina told New York district judge Thomas Griesa that bondholders filed 25 lawsuits since June, when the judge ordered blocking the country's from paying its restructured debt without also paying a group of holdouts, Bloomberg news has reported.

• Thursday, November 6th 2014 - 07:22 UTC

  Argentina and hedge fund NML Capital ratify their commitment to keep fighting

  

  Argentine Central bank chief Alejandro Vanoli, said the country will be not getting down on its knees in a negotiation with 'vulture funds' (hedge funds), once the January first date comes and the controversial RUFO clause, (preventing Argentina from voluntarily offering holdout creditors better terms than those of its 2005 and 2010 restructurings), falls.

• Wednesday, November 5th 2014 - 03:43 UTC

  Argentina appeals Judge Griesa's 'contempt of court' ruling

  

  Argentina on Monday asked the Second Circuit Court of Appeals to overturn a federal judge’s finding that it is in contempt of court for taking steps to evade his orders that bondholders who agreed to debt restructurings can only be paid if holdout hedge funds are also compensated.

• Thursday, October 30th 2014 - 21:36 UTC

  Argentina tells bondholders to take legal action against Judge Griesa who is 'withholding funds'

  

  Argentine Cabinet chief Jorge Capitanich called bondholders to “take legal action against (US Judge Thomas) Griesa instead of demanding the acceleration of (Argentine) bonds,” following rumors that Owl Creek Asset Management LP is discussing the formation of a group to demand immediate repayment on bonds.

• Wednesday, October 29th 2014 - 07:01 UTC

  Griesa invokes Foreign sovereign immunities act in Argentine bonds dispute

  

  US judge refused on Tuesday to require Bank of New York Mellon Corp to turn over to holders of defaulted Argentine bonds any of the 539 million dollars the country deposited to pay creditors who participated in its past restructurings.