Argentina ordered to pay $1.3 billion to holdouts by Dec. 15; defying could …
Reply
The judge also barred Argentina from paying other bondholders until it satisfies this judgment, putting the president’s back against the wall: If she doesn’t reverse her longstanding position and pay up, she risks triggering another historic Argentine debt default, this time totaling more than $20 billion. “It is hardly an injustice to have legal rulings which, at long last, mean that Argentina must pay the debts which it owes. After ten years of litigation this is a just result,” U.S. District Read more [...]