The national government on Monday moved to drop its appeal of a US judge's ruling that blocked Citigroup Inc last year from processing interest payments to holders of $2.3 billion in bonds issued under the country's local laws.
A federal appeals court in New York had been set to hear the case on Wednesday. Read more.
Buenos Aires Herald
Related,
- Griesa Informed he is Willing to Lift Restrictions on Argentina, Provided Legal Obstacles for Paying to Holdouts are Cancelled in Buenos Aires - Télam
- Peña Said Griesa’s Resolution “is a Good Step” but also Recommended “Caution” - Télam
A federal appeals court in New York had been set to hear the case on Wednesday. Read more.
Buenos Aires Herald
Related,
- Griesa Informed he is Willing to Lift Restrictions on Argentina, Provided Legal Obstacles for Paying to Holdouts are Cancelled in Buenos Aires - Télam
- Peña Said Griesa’s Resolution “is a Good Step” but also Recommended “Caution” - Télam
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