Second Circuit Grants Argentina a Stay

Yesterday the Second Circuit granted Argentina’s motion for an emergency stay of Judge Griesa’s injunction. I suspect the court was concerned with the representations Argentina and others had made about the consequences of the injunction for the US payment system, for New York as a financial center, and for the sovereign debt market.

About Ted Folkman

Ted Folkman is a shareholder with Murphy & King, a Boston law firm, where he has a complex business litigation practice. He is the author of International Judicial Assistance (MCLE 2012), a nuts-and-bolts guide to international judicial assistance issues, and of the chapter on service of process in the ABA's forthcoming treatise on International Aspects of US Litigation, and he is the publisher of Letters Blogatory, the Web's first blog devoted to international judicial assistance, which the ABA recognized as one of the best 100 legal blogs in 2012, 2014, and 2015.

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