The United States Court of Appeals for the Second Circuit in New York denied Burford Capital’s petition to revisit the decision in the YPF expropriation case following Argentina’s successful overturning of the US$16 billion judgement at the end of March. Shortly after the announcement was made, President Javier Milei responded to the development: “Another victory … Read more
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
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