Argentina wants YPF lawsuit discovery halted pending appeal

The Argentine Treasury Attorney General’s Office has submitted a formal request to the Southern District Court of New York, seeking to suspend the discovery process mandated by the court, along with the contempt motion initiated by Burford Capital in the ongoing trial concerning the 2012 expropriation of the state-owned energy company YPF. The government, in … Read more

Argentina Dismisses Burford’s Contempt Motion in YPF Case

Legal representatives for Argentina in the YPF expropriation case in New York have characterized the request from UK-based hedge fund Burford Capital — the plaintiffs — to hold the nation in contempt as “procedural harassment.” On Thursday, Burford’s legal team submitted a formal request to Judge Loretta Preska. The assertion pertains to the discovery phase … Read more

Burford Stocks Fall After Key YPF Expropriation Hearing

Recent developments suggest a potential shift in Argentina’s favor regarding the lawsuit concerning the expropriation of oil and gas company YPF, following a Wednesday appeals court hearing, as indicated by government sources and market analysis. For over ten years, Argentina has engaged in a legal struggle regarding the expropriation within the judicial system of the … Read more