For the benefit of our clients and friends investing in European distressed opportunities, our European Network is sharing some current global developments.
Argentina, European Union, Global, USA, Banking, Derivatives, Insolvency & Restructuring, Litigation, Jones Day, Debt
Global—On 10 January 2014, the US Supreme Court agreed to resolve a court split over the scope of discovery orders aimed at enforcing judgments against foreign states. In Argentina v. NML Capital, Ltd., No. 12-842, 2014 BL 7274 (Jan. 10, 2014), the Supreme Court granted a petition for a writ of certiorari to hear an appeal stemming from Argentina's default on its government debt in 2001. Argentina restructured its defaulted debt in 2005 and 2010.
European Union, Spain, USA, Derivatives, Insolvency & Restructuring, Litigation, Jones Day, Bond (finance), Debt, Second Circuit