Tag: US Supreme Court

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.
Thursday, March 27th 2014 - 08:38 UTC
US Supreme Court confirms Argentina has friends in its litigation with hedge funds

The US Supreme Court has confirmed that Brazil, Mexico and France have officially presented their opinions on an appeal currently being studied in the judicial authorities, which relates to the litigation held against Argentina by the hedge funds which the administration President Cristina Fernandez refers to as 'vulture funds'.
Wednesday, March 26th 2014 - 05:54 UTC
NML Capital targets Argentina's contract for satellite launches with private US company

An Argentine bondholder seeking to collect on hundreds of millions of dollars in judgments stemming from the country's historic 2002 default filed a lawsuit on Tuesday aiming to take control of the country's rights under a contract for satellite launches with a private US firm.
Wednesday, March 26th 2014 - 05:33 UTC
Country and organizations support for Argentina's litigation with hedge funds increases

Argentina underlined the support from Brazil, France, Mexico, (even the IMF), among other institutions in the country's long exhausting litigation with hedge funds, an issue which is “crucial for Argentina and the whole international financial system”.
Monday, March 24th 2014 - 06:55 UTC
Brazil, France and Mexico to file papers before the US Supreme Court in support of Argentina

Brazil, France and Mexico are expected to file papers in the US Supreme Court on Monday backing Argentina in its legal battle with bondholders who refused to take part in debt restructurings from the country's 2002 default, according to a source familiar with the litigation.
Thursday, March 6th 2014 - 05:06 UTC
US government files 'friendly' support for Argentina before the Supreme Court

The Obama administration filed an ‘Amicus Curiae’ measure before US Supreme Court, supporting Argentina’s position in the dispute with the hedge funds which the government of president Cristina Fernández refers to as ‘Vulture Funds’.
Wednesday, February 19th 2014 - 05:11 UTC
Argentina appeals hedge funds case to US Supreme Court; warns of 'havoc' if lower court ruling stands

Argentina announced on Tuesday it had appealed to the US Supreme Court against a lower court order to pay off hedge fund investors in its bonds, arguing that order violated its sovereignty.
Monday, February 17th 2014 - 09:03 UTC
Argentina vs hedge funds: second chapter of appeal before the US Supreme Court

The Argentine government will appeal on Monday before the US Supreme Court for the second time against the hedge funds claim. The Supreme Court is the last judiciary step in the dispute.
Saturday, December 7th 2013 - 06:08 UTC
US government intervenes in favor of Argentina in defaulted-bonds ongoing case

The US government has asked the US Supreme Court to intervene over a hedge fund's effort to gain information about Argentina's non-US assets as part of an ongoing litigation, which is rapidly becoming a lead case regarding sovereign assets and sovereign debts rescheduling.
Wednesday, December 4th 2013 - 02:42 UTC
US Supreme Court hears 2002 case of BG Group against Argentina

The US Supreme Court heard arguments on Monday in the case of a British company embroiled in a legal battle with Argentina, with justices mulling the question of whether an arbitration tribunal has jurisdiction to punish a sovereign state in favor of a private company.