EuroResource—Deals and Debt - June 2016

Recent Developments

Filed under:
Canada, European Union, Italy, United Kingdom, USA, Ontario, Banking, Insolvency & Restructuring, IT & Data Protection, Litigation, Real Estate, Jones Day, Bankruptcy, Court of Appeal for Ontario
Authors:
Corinne Ball , Veerle Roovers
Location:
Argentina, Canada, European Union, Italy, United Kingdom, USA
Firm:
Jones Day
Sovereign Debt Update - May/June 2016

The Republic of Argentina returned to global debt markets after a 15-year absence on April 19, 2016, when it sold $16 billion in bonds to fund a series of landmark settlements reached earlier this year with holdout bondholders from the South American nation’s 2005 and 2010 debt restructurings. This latest development in the more than decade-long battle between Argentina and the holdouts—led by hedge funds Aurelius Capital Master Ltd. (“Aurelius”) and NML Capital Ltd.

Filed under:
Argentina, USA, Banking, Insolvency & Restructuring, Litigation, Jones Day, Bond (finance), Injunction, Debt, Default (finance)
Authors:
Mark G. Douglas
Location:
Argentina, USA
Firm:
Jones Day