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Argentina Bonds: Argentina Held In Contempt
As reported a few days ago on Cartas Blogatorias (and elsewhere, of course), Judge Griesa has held Argentina in contempt of court for attempting to make payments to its bondholders in defiance of his prior orders. This raises interesting questions of US law and of public international law.
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Case of the Day: NML Capital v. Argentina
The case of the day, NML Capital v. Republic of Argentina (D. Nev. 2014), is a small corner of the Argentine sovereign debt debacle. NML, the victorious judgment creditor, sought to take post-judgment discovery in Nevada in aid of its judgment under FRCP 69.
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Case of the Day: Cermesoni v. Maneiro
The case of the day is Cermesoni v. Maneiro (Fla. Dist. Ct. App. 2014). Carolina Cermesoni Maneiro brought divorce proceedings against her husband, Jorge Raul Cermesoni, in Buenos Aires. Both spouses were Argentine nationals living in Argentina. The husband had bank accounts at Wells Fargo and Citibank in Miami. The wife sought issuance of a……
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Argentine Debt: Argentina Starts Proceedings Against the US In The ICJ
My colleague Claudia Madrid Martínez at Cartas Blogatorias has a post today noting that Argentina has file an application with the International Court of Justice seeking to institute a claim against the United States on account of the debt default. The claim, according to the ICJ’s press release, is that the US “has committed violations……
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Case of the Day: Republic of Argentina v. NML Capital
Yesterday the Supreme Court handed down its decision in Republic of Argentina v. NML Capital. Just to avoid confusion, this is not the case about whether Judge Griesa got it wrong when he issued an injunction forbidding Argentina to favor holders of new debt over the holdout owners of defaulted debt. The Court denied Argentina’s……