By Brent Kendall
AFP/Getty Images
The Argentine ship ARA Libertad was detained last year by hedge fund Elliott Management, which backs an investor lobbying group.
Argentina’s 2001-02 economic crisis is providing steady work for the U.S. Supreme Court and the Solicitor General’s office more than a decade later.
The high court has been considering whether to hear an appeal by Argentina that seeks to block a bondholder from obtaining bank records about the country’s international assets.
The holdout creditor, Elliott Management Corp. affiliate NML Capital Ltd., chose not to participate in Argentina’s debt restructuring following its 2001 default on about $100 billion in bonds. The firm says it has obtained more than $1.6 billion in legal judgments against Argentina, which the country has not satisfied.
In a short written order Monday. . . . .