Tag: Vulture funds

• Saturday, October 27th 2012 - 04:23 UTC

  Argentina rejects bonds’ discrimination ruling and will go to US Supreme Court

  

  Argentina downplayed the significance of the US Appeals Court ruling in support of investment funds that were ‘discriminated’ in the payment of their sovereign bonds vis-à-vis those that accepted the restructure of the massive 2002 Argentine default.

• Thursday, October 25th 2012 - 06:47 UTC

  ARA Libertad-Romney family link makes Cristina criticize the Republican candidate

  

  Argentine President Cristina Fernández joined the US presidential campaign harshly criticizing Republican candidate Mitt Romney and stating she is “more alike” the current head of state, Democrat Barack Obama, who is running for re-election.

• Thursday, October 25th 2012 - 06:28 UTC

  Argentine seamen are back in Buenos Aires; small group remains in Ghana

  

  After three weeks retained in Ghana, members of the crew and cadets from the Argentine Navy training vessel ARA Libertad arrived past midnight Wednesday to Ezeiza airport in Buenos Aires where relatives and media were waiting.

• Tuesday, October 23rd 2012 - 06:38 UTC

  ARA Libertad: Argentine president pledges to never yield to ‘vulture’ funds

  

  Argentine president Cristina Fernández in a national broadcast blasted ‘vulture funds’ retaining the impounded training frigate ARA Libertad in Ghana and pledged never to yield the dignity and sovereignty of the country to these funds.

• Saturday, August 11th 2012 - 10:36 UTC

  Bad day for vulture fund that was after 100 million dollars from Congo

  

  Britain’s Privy Council has ruled that a “vulture fund” cannot collect 100 million dollars from the Democratic Republic of Congo. Newsnight revealed last year that old Congo debts had been illegally sold to FG Hemisphere for 3 million and the fund had then sued in Jersey where they were awarded 100 million.