March 01, 2016
Investors who reached deals for Argentina to pay more than $5 billion over defaulted bond debt argued Tuesday over whether a Manhattan federal judge should immediately allow the settlements to be executed, with large players including NML Capital Ltd. joining small-fry litigants in asking for a delay.
February 29, 2016
Argentina has agreed to pay $4.6 billion to creditors NML Capital, Aurelius Capital Partners and other major holdout bondholders over claims arising from the country's 2001 debt default, clearing a path to end 15 years of litigation between the parties, a court-appointed moderator said Monday in New York.
February 24, 2016
Argentina is near a $5 billion settlement with creditors including NML Capital and Aurelius Capital Partners that would resolve litigation more than a decade old over the country's debt default, an attorney for the firms told the Second Circuit on Wednesday.
February 21, 2016
Argentina shot back Friday against NML Capital and Aurelius Capital Partners' opposition to the country's multibillion-dollar proposal to end debt default litigation with holdout creditors, saying in a New York court filing that the private equity firms are using prior injunctions that the republic wants lifted as a "club" in settlement talks.
February 18, 2016
Argentina creditors including NML Capital and Aurelius Capital Partners took their first shots Thursday at the country's proposed $6.5 billion deal to end long-running debt default litigation, urging a New York judge to keep in place court orders restricting the country's ability to restructure with individual bondholders.
February 17, 2016
Argentina has agreed to pay creditors EM Ltd. and Montreux Partners LP as much as $1.1 billion to resolve long-running litigation over the country's 2001 default, according to documents filed Wednesday in New York federal court.
February 12, 2016
Argentina creditors holding claims and legal judgments over the republic’s 2001 debt default will have until Feb. 18 to explain why a court injunction limiting the country’s ability to pay individual investors shouldn’t be lifted in light of the country’s $6.5 billion settlement offer, a New York federal judge has ordered.
February 10, 2016
Cravath Swaine & Moore LLP confirmed Wednesday that Argentina has picked the firm to take over as the country's lead counsel in long-running bondholder litigation in New York stemming from its 2001 debt default.
February 05, 2016
Argentine President Mauricio Macri is floating a $6.5 billion deal to settle a slew of litigation with holdout bondholders over the country's 2001 debt default, a court-appointed mediator said Friday.
December 21, 2015
Members of the administration of newly elected Argentina President Mauricio Macri plan to negotiate next month in New York City with holdout bondholders NML Capital Ltd. and Aurelius Capital Partners LP over litigation involving the country's debt, a court-appointed mediator said on Monday.