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August 28, 2014
Monday, September 30, 2013

US Supreme Court analyses whether to take 'vulture fund' case

The US Supreme Court  today analysed the list of cases that could be discussed from the start of the new session beginning October 7, among which is a high-profile appeal by Argentina over its battle with hedge funds that refused to take part in two debt restructurings that sprang from the country's 2002 default.

The United State's highest judicial authority is yet to take any decision over the Argentine case, and there are no requirements for them to release information concerning discussions tomorrow. 

As explained on the Court's website, "Generally, if a case is considered at a Conference, viewers can expect that the disposition of a case will be announced on an Orders List that will be released at 9:30 a.m. the following Monday."

Neverthless, it is still possible that reports of the conference could emerge in the coming days, including further news on the Argentine presentation against Judge Thomas Griesa's Appeals Court rulings in favour of the Vulture Funds.

 



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Tags:  Supreme Court  US  Argentina  debt  bonds  holdouts  Griesa  





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