“Me-too” holdouts piggyback on NML's Argentine debt ruling
The ruling brings the total amount of claims to US$7.1 billion (Credit: CaptureLight)
US judge Thomas Griesa has given a group of more than 500 Argentine debt holders the green light to obtain the same equal-treatment ruling he handed down to US hedge fund NML Capital – adding US$5.4 billion worth of claims to the US$1.7 billion Argentina has refused to pay holdouts since defaulting on its sovereign debts more than 13 years ago.
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