2nd Circ. Says It Won't Rehear Argentina's $1B Debt Appeal

Law360, New York (November 18, 2013, 9:30 PM EST) -- The Second Circuit on Monday denied the Republic of Argentina’s petition to reconsider an order directing the country to pay close to $1.4 billion to investment firms that hadn't participated in Argentina’s debt restructurings.

The appeals court said Monday that the active members of the court had chosen to deny Argentina’s petition for rehearing en banc. The decision comes the same month as the appeals court refused to lift a stay on the order while the U.S. Supreme Court considered review of the case.

The order was handed...
To view the full article, register now.




Case Information

Case Title

NML Capital, Ltd. v. Republic of Argentina

Case Number



Appellate - 2nd Circuit

Nature of Suit

3190 CONTRACT-Other Contract Action

Date Filed

January 11, 2012

Law Firms

Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.