Policy

U.S. Court Won't Reconsider Decision That Argentina Must Pay Debts

Pay up, deadbeats

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A U.S. appeals court on Tuesday denied Argentina's request to reconsider a ruling that favored creditors who opted out of two of the country's debt restructurings.

The 2nd U.S. Circuit Court of Appeals in New York declined to grant a so-called en banc rehearing, in which the full court would have reviewed a decision by a three-judge panel of the court that went against Argentina in October.