$572M Held In Argentine Bond Default Suit

Law360, New York (January 19, 2010, 4:40 PM EST) -- A federal judge has issued a restraining order for more than $572 million in judgments that three hedge funds are seeking from the government of Argentina in a lawsuit related to its 2001 default on hundreds of millions of dollars' worth of bonds.

Judge Thomas P. Griesa on Friday granted the motion for a restraining order on $572.13 in Argentina's assets, filed by Aurelius Capital Master Ltd., Aurelius Capital Partners LC and Blue Angel Capital I LLC in the U.S. District Court for the Southern District...
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