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