May 05, 2026
A New York federal judge has ruled that investors in Argentine oil and gas exploration company YPF SA can use discovery obtained in a decade-long dispute against the country in a parallel $16 billion investor-state arbitration they plan to initiate, saying they had shown a "compelling need."
April 22, 2026
Investors in Argentina's largest oil and gas exploration company confirmed to a New York federal judge Tuesday that they will pursue arbitration in their $16 billion fight with the country, and are now seeking permission to use discovery obtained in the case in the parallel claim.
March 30, 2026
Burford Capital Ltd. says it is contemplating taking its $16 billion fight with Argentina into international arbitration after the Second Circuit wiped out a judgment the litigation funding firm had won against the nation in New York federal court, sending its stock prices tumbling.
March 27, 2026
A panel of the Second Circuit Court of Appeals reversed a New York judge's $16 billion judgment against Argentina arising from its nationalization of the country's largest oil and gas exploration company, saying Friday Argentine law doesn't obligate the country to comply with YPF SA's corporate bylaws.
June 30, 2025
Argentina must give up its 51% equity stake in the nationalized oil company YPF SA to partially pay off a $16.1 billion judgment in a pair of investor lawsuits, a New York federal judge ruled Monday, rejecting the country's argument that sovereign immunity shields the shares from turnover.
November 22, 2023
Argentina won't have to immediately pay a $16.1 billion judgment while it appeals its loss in a pair of investor lawsuits, a New York federal judge has ruled, but the government will have to pledge its equity interest in the nationalized oil company YPF SA.
September 08, 2023
A New York federal judge on Friday found the Argentine government owes former minority shareholders of oil and gas company YPF SA approximately $16 billion for breaching a shareholder agreement when the company was nationalized in 2012.
May 25, 2023
A New York federal judge will allow new evidence on the timing of the Argentine government's takeover of oil and gas company YPF, but will otherwise let stand her findings that the government violated a shareholder agreement when it nationalized the company.
June 05, 2020
Argentina must face a lawsuit in New York federal court accusing the nation of hurting an energy company's shareholders when the firm was nationalized, a judge said Friday.
July 20, 2016
A lawyer for two bankrupt companies who say Argentina owes them billions of dollars after taking over energy giant YPF SA told a Manhattan federal judge Wednesday he fears being hit with retaliatory criminal charges if forced to pursue the contract breach case in Buenos Aires.