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%...
View ArticleUS 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...
View ArticleVulture 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...
View ArticleVulture 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...
View ArticleArgentina 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...
View ArticlePresident 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...
View ArticleJudge 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...
View ArticleJudge 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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