High Court Will Review Argentina Bond Appeal On Sept. 30

Law360, New York (September 12, 2013, 2:40 PM EDT) -- The U.S. Supreme Court will consider on Sept. 30 whether or not to take up the Argentine government’s appeal of a Second Circuit ruling declaring the country must pay nearly $1.4 billion to holdout creditors suing for full repayment on defaulted bonds, according to a Wednesday filing.

The high court’s announcement came days after Argentina implored the Second Circuit to reconsider another ruling which reiterated that the country could not choose to pay bondholders who participated in its debt restructuring while refusing to pay those who...
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