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Argentina Owes Bondholders More than $300 Million, 2nd Circu...

The Republic of Argentina must turn over more than $300 million in cash to bondholders, the U.S. Court of Appeals for the Second Circuit ruled on Wednesday. A unanimous three-judge panel affirmed a lower court's finding that investors were owed reversionary interests in collateral backing the bonds, which recently matured. The funds are represented by Quinn Emanuel Urquhart & Sullivan. The Republic of Argentina is represented by Cleary Gottlieb Steen & Hamilton.

New York

August 22, 2024, 4:27 PM