Saturday, November 24, 2012
Argentina to appeal US federal appeals court order to pay $1.33 billion to investors
[JURIST] The Economic and Finance Minister of Argentina [official website, in Spanish], Hernán Lorenzino [official bio, in Spanish], held a press conference [press release, PDF, in Spanish] on Thursday indicating Argentina's intent to appeal a US judge's ruling ordering it to pay $1.33 billion to bondholders. District Judge Thomas Griesa for the US District Court for the Southern District of New York [official website] in his decision stated that "Argentina must pay the debts it owes" [Bloomberg report]. Lorenzino, in...
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