Supreme Court Seeks Gov't View In Argentine Bond Case

Law360, New York (January 17, 2012, 1:59 PM EST) -- 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.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.