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."
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.
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.