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Wednesday, February 25, 2015

Gov't confirms contempt appeal to be filed tomorrow

Cabinet Chief Jorge Capitanich ratified that Argentina will present its appellant’s brief over the contempt of court ordered by US Judge Thomas Griesa tomorrow, as announced by the Economy Minister yesterday.

“Argentina remains a sovereign country. A contempt order by Judge (Thomas) Griesa is inapplicable,” Capitanich said in his daily press briefing at the government house.

Last September, Griesa ruled Argentina in contempt of his orders due to working on a plan to shift control over payments of its restructured debt to Buenos Aires. A ruling which Capitanich said is “in violation of international laws, the United Nations’ Charter and the Organization of American States’ Charter.”

The official explained that the contempt ruling was appealed by Buenos Aires last November, and that a final writ will be filed tomorrow. The Economy Ministry stated yesterday that the briefing will be presented “in timely fashion.”

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Tags:  Contempt  Griesa  Capitanich  ruling  vulture funds  appeal  holdouts  US  Argentina  





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