New York court keeps in place freeze on Argentina holdouts order
A US appeals court has ruled that it will leave in place a stay on an order requiring Argentina to pay US$1.33 billion to the holdout creditors from its 2001 default while there remains the possibility of the country appealing against the decision before the US Supreme Court, enabling Argentina to make its next payment to its restructured creditors without being in contempt of court.
To read more
Subscribe to Latin Lawyer
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Latin Lawyer experts.