Supreme Court Seeks Gov't View In Argentine Bond Case

Law360, New York (January 17, 2012, 1:59 PM ET) -- The U.S. Supreme Court on Tuesday asked for the federal government's view on a case over whether Argentina must hand over $100 million held by the country's central bank in the U.S. to investors seeking recoveries from Argentina's 2001, $2.4 billion bond default.

The high court asked U.S. Solicitor General Donald B. Verrilli Jr. to weigh in on whether the Foreign Sovereign Immunities Act shields the government of Argentina from turning over funds held in its central bank's accounts in the Federal Reserve Bank of New...
To view the full article, register now.