Supreme Court Hears Argentina Predatory Hedge Fund Discovery Case; High Court Decision to Hear Broader Landmark Debt Case Pending
Submitted by Anonymous (not verified) on Sat, 19/04/2014 - 3:13amOn Monday, the Supreme Court hears arguments between Argentina and holdouts who refused two debt restructuring deals after Argentina defaulted on its debts in 2001. The Supreme Court Justices will determine if predatory hedge fund, NML Capital can obtain information from US Banks that reveal Argentina's holdings in order to target those assets for debt payments. The Obama Administration is siding with Argentina in the case.
Geography:
Keywords: