Second Circuit Agrees to Stay Argentine Debt Ruling

, The Litigation Daily


The Republic of Argentina and a group of bondholders managed to stop the clock Wednesday on a looming debt repayment that might have thrown the country into default in a mere two weeks. The order by the Second Circuit also puts related appellate litigation on a fast track, ensuring that the increasingly high-profile lawyers involved will be spending the holidays and early next year buried in briefs.

What's being said

Comments are not moderated. To report offensive comments, click here.

Preparing comment abuse report for Article# 1202579696057

Thank you!

This article's comments will be reviewed.