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Argentine Bonds Fall as Debt Repayment Hearing Continues

New York State Court of Appeals (Photo: wadester16, in Flickr) The New York Court of Appeals hearing between representatives of the Argentine government and ‘holdout’ bondholders has prompted an 8%...

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US Supreme Court Declines to Review Argentina’s Debt Appeal

US Supreme Court (photo: Wikimedia Commons) On Monday morning, the US Supreme Court decided it would not review Argentina’s appeal against a lower court ruling over outstanding debt payments. It is the...

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Vulture Funds: Argentine Team to Meet Mediator Next Week

Economy Minister Axel Kicillof (photo: Maria Candelaria Lagos/Télam/dsl)A special task force from Argentina will travel to New York next week to meet with the mediator appointed by Judge Thomas Griesa...

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Vulture Funds: Judge Griesa Rejects Stay, Orders ‘Continuous’ Dialogue

The lawyers representing Argentina arrive at the court of Judge Griesa for a hearing (photo: AFP/Don Emmert/Télam/dsl)Judge Thomas Griesa today rejected another appeal for a stay by Argentina as the...

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Argentina in Default: Government Announces Legal Actions

Alejandro Vanoli, president of CNV, announces investigation into alleged market manipulation by vulture funds (Photo: Paula Ribas/Télam) Days after the 30th July deadline to pay bondholders expired...

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President Presents Bill to Pay Bondholders Under Local Law

President Cristina Fernández de Kirchner announces debt swap plan (Photo: Presidencia/Télam)President Cristina Fernández de Kirchner has announced plans to create domestic payment channels for holders...

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Judge Griesa Authorises ‘One Time’ Citigroup Bond Payment

Citigroup was today given a green light to process around US$5m in Argentine bond payments due on 30th September. In a hearing this afternoon in New York, Judge Thomas Griesa authorised the bank to...

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Judge Griesa Finds Argentina in Contempt of Court

New York Judge Thomas Griesa New York Judge Thomas Griesa has declared Argentina to be in contempt of court for refusing to pay debt owed to bond holdouts, though stopped short of issuing sanctions....

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