Creditor Loses Bid To Attach Enarsa Assets

Law360, New York (August 20, 2009, 1:57 PM EDT) -- A federal judge has shot down a creditor's attempt to attach U.S. assets of Argentina's state-owned energy company to pay old defaults on the country's external sovereign debt.

Judge Thomas Griesa rejected a motion by NML Capital Ltd. to attach assets of Energia Argentina SA, also called Enarsa, in a brief order filed on Wednesday in the U.S. District Court for the Southern District of New York.

NML has sued Argentina or other Argentine entities at least eight times in attempts to force the country to...
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