Tuesday, July 24, 2012

Argentina Seeks to Reverse U.S. Rulings on Defaulted Bond Debt

General Sources Monday 23rd July, 2012

Argentina asked a federal appeals court to reverse lower-court rulings that would permit creditors including Elliott Management Corp.'s NML Capital Fund to collect on $1.4 billion in defaulted bonds. Argentina, which defaulted on $80 billion in foreign debt in 2001, is appealing orders by U.S. District Judge Thomas Griesa in

Read the full story at General Sources

Source: http://www.buenosairesnews.net/index.php?sid/207683540/scat/d9ed072d737073b4

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