U.S. Supreme Court building
U.S. Supreme Court building ()

The Supreme Court has ruled that holders of defaulted Argentine bonds can force the South American country to reveal where its assets are held around the world.

The court’s 7-1 ruling Monday will make it easier for the bond holders to collect on U.S. court judgments.

The decision followed a separate action Monday in which the justices turned down the country’s appeal of a lower court ruling ordering it to pay $1.3 billion to hedge funds that hold some of the bonds.