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

YPF service station

Anchorage Launches Unique Fund with Sole Investment in Argentine Suit

Anchorage Capital Advisors LP has established an uncommon fund whose returns are contingent upon the resolution of a lengthy and contentious legal battle associated with the nationalization of Argentina’s largest oil enterprise. The fund, classified as a continuation vehicle, possesses a singular asset: a loan secured by a legal claim originating from the nationalisation of … Read more