High Court Won’t Hear Argentina

High Court Won’t Hear Argentina

Argentina Bonds

The US Supreme Court has declined to hear the preliminary appeal filed by Argentina, according to the court documents, meaning the case will not reach the high court in its fall 2013 term. There was no comment attached. The refusal means a 2012 US appeals court decision still stands, prohibiting Argentina from making payments on $24bn in restructured debt unless it also pays holdout creditors led by NML Capital. Argentina is seeking a reconsideration of a separate decision in the case, and may b

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