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Showing posts with label Thomas Griesa. Show all posts
Showing posts with label Thomas Griesa. Show all posts

8/23/2014

Argentina’s Peso Weakening at Fastest Pace Since January

First came the default, then a proposed debt swap aimed at circumventing a U.S. court ruling that could normalize Argentina’s relations with foreign investors.

8/21/2014

Argentina bonds, peso reel on country's debt swap plan

(Reuters) - Argentina's new plan to skirt U.S. courts and resume payment on defaulted bonds aims to protect creditors who participated in two debt restructurings, the economy minister said on Wednesday as the local peso currency weakened to a new historic low.

8/03/2014

Argentina debt talks must continue after default: U.S. Judge

(Reuters) - Argentina cannot turn its back on negotiations with holdout creditors after defaulting on its sovereign debt, a U.S. judge instructed on Friday, just as the country's failure to service a June interest payment was declared a "credit event."