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2nd Circ. Solidifies Argentina Bank's Creditor Shield

By Jonathan Randles (August 31, 2015, 9:32 PM EDT) -- By blocking an attempt by creditors to pin Argentina's failure to pay billions in defaulted debt and judgments on the country's central bank, the Second Circuit on Monday reaffirmed the high hurdle facing bondholders arguing that foreign financial institutions are merely extensions of their government....

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