U.S. Says Argentina Shouldn’t Face Elliott Subpoenas
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Argentina’s banks should not have to respond to subpoenas issued by a hedge fund seeking payment on the country’s defaulted debt, the U.S. government said.
President Barack Obama’s administration this week filed an amicus curiae brief with the U.S. Supreme Court, which agreed in January to hear part of the long-running dispute between Argentina and Elliott Management. For the time being, the high court is not considering the central matter—whether Argentina will be forced to pay or Read more [...]