A U.S. federal judge has ordered Argentina to relinquish its stake in the energy company YPF as part of efforts to satisfy a $16.1 billion judgment against the country. The ruling, issued amid Argentina’s ongoing struggles with creditors, marks a significant development in the long-running dispute tied to sovereign debt and investor claims. The decision could have far-reaching implications for Argentina’s financial standing and its control over key national assets.
US Court Mandates Argentina to Surrender YPF Shares Amid Massive Debt Dispute
In a landmark ruling, a U.S. federal judge has ordered Argentina to relinquish its shares in the state-controlled energy company YPF to satisfy a staggering $16.1 billion debt judgment. This decision comes amid escalating tensions between Argentina and a coalition of international creditors, who have pursued legal avenues to recoup losses from previous debt restructurings. The court’s mandate highlights the increasing willingness of American…
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Author : William Green
Publish date : 2025-07-09 06:02:00
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