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Thursday, November 8, 2012

Griesa summons new hearing over Argentina, vulture funds

US Judge Thomas Griesa.

US Judge Thomas Griesa summoned a new hearing at New York Court over the case of vulture funds against Argentina.

The judge agreed with both parts a hearing for tomorrow at 11:15 am (local time) to define the following steps after the Appeals Court ruling issued on October 26.

The ruling recognized that Argentina discriminated against bondholders who refused to take part in massive debt re-structurings in 2005 and 2010 by deciding to pay them later than bondholders who agreed to participate.

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Tags:  griesa  judge  new york  court  appeals  vulture funds  


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