US Court Orders Argentina to Pay $1.4 Billion Over Debt Default
From financial crisis back in 2001
A U.S. appeals court has upheld a ruling ordering Argentina to pay $1.4 billion in a legal battle over the country's massive 2001 default.
The decision was issued Friday by the 2nd U.S. Circuit Court of Appeals in Manhattan. It will be put on hold pending an expected appeal to the U.S. Supreme Court.
Hide Comments (0)
Editor's Note: As of February 29, 2024, commenting privileges on reason.com posts are limited to Reason Plus subscribers. Past commenters are grandfathered in for a temporary period. Subscribe here to preserve your ability to comment. Your Reason Plus subscription also gives you an ad-free version of reason.com, along with full access to the digital edition and archives of Reason magazine. We request that comments be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of reason.com or Reason Foundation. We reserve the right to delete any comment and ban commenters for any reason at any time. Comments may only be edited within 5 minutes of posting. Report abuses.
Please
to post commentsMute this user?
Ban this user?
Un-ban this user?
Nuke this user?
Un-nuke this user?
Flag this comment?
Un-flag this comment?