http://www.bbc.com/news/business-28891208
Argentina's plan to exit its debt default by asking investors holding defaulted bonds to swap them for new locally issued debt has been ruled "illegal" by a US court. New York Judge Thomas Griesa said the plan was "lawless". However, he stopped short of finding the country in contempt of court.
Argentina's plan to exit its debt default by asking investors holding defaulted bonds to swap them for new locally issued debt has been ruled "illegal" by a US court. New York Judge Thomas Griesa said the plan was "lawless". However, he stopped short of finding the country in contempt of court.
Rotterdam,23/08/2014-INC News
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