Our runners up for Litigator of the Week include Sullivan & Cromwell’s Sergio Galvis, Robert Giuffra Jr., Joseph Neuhaus and Thomas White, who scored an important win for The Republic of Argentina in a breach-of-contract lawsuit brought by hedge fund Aurelius Capital.
U.S. District Judge Loretta Preska of the Southern District of New York on Jan. 7 dismissed the complaint without prejudice, agreeing with the S&C team that Argentina did not owe Aurelius $61 million under securities that Argentina issued as part of a debt restructuring. The implications go beyond this case—Argentina faces five similar suits, with plaintiffs seeking hundreds of millions of dollars.
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