Hints and tips:
...They don’t have the resources, esprit de corps or a history to look back on.”...
...When the wager came good for Elliott in 2016 after Argentina agreed to settle the claims of “holdout” creditors, it yielded $2.4bn for the activist....
...For example, in a 2010 opinion (Chevron Corp v Steven Donziger, et al) handed down from the US district court in Manhattan, the judge wrote that the “evidence at trial established that Donziger, a New York...
...The IMF is authorised to do so by Article V, Section 2(b) of the IMF’s Articles of Agreement, which constitute an international treaty among the 189 IMF member countries....
...Idexx said in October that the animal health market had experienced a “V-shaped recovery”....
...Since Mr Macri took over, Argentina has seen perhaps the most remarkable outbreak of sensible economic policy since the unification of the republic in 1853....
...Anything that isn’t “offered exclusively within the Republic of Argentina” could fall under the term....
...The International Capital Markets Association has suggested rewriting sovereign debt contracts so that all investors must take part in restructuring deals if the majority agree to the terms....
...In the 1980s the Democratic Republic of Congo (then Zaire) borrowed from energy company Energoinvest. The planned power lines were never built and the country stopped payments....
...The aggressive tactics were on show again a decade later against the Republic of Congo and finally in the landmark case against Argentina which the hedge fund won on Monday....
...In one of Sol’s early international appearances, the Chilean striker Marcelo Salas ran rings round him....
...Letters of intent have also been signed with five other countries to buy 32 aircraft, including Argentina, Chile, Colombia, Czech Republic and Portugal....
...See NML v. Argentina, 2013 WL 4487563 at n.13....
...Kyrgyzstan: Zina Asankojoeva joined the National Bank of the Kyrgyz Republic in January 2011 and was appointed governor in June of the same year....
...The week ahead in emerging markets: elections in Zimbabwe, Mali and Pakistan. Company results from P&G, Reckitt Benckiser and Diageo....
...Pascua Lama, 5,000 metres up in the Andes straddling Chile and Argentina, has been blighted by cost overruns and environmental disputes....
...At the same time, some fear that if the ruling stands unamended, the whole international financial payment system, the status of New York as a financial centre and financial jurisdiction, and indeed the...
...But the most interesting bit comes when Argentina cites an old (well, 2003) English Court of Appeals case… It’s Kensington International Ltd. v Republic of the Congo, another sovereign holdout case....
...But one Taiwanese development bank and its Caribbean island borrower, fighting each other over $32m of defaulted loans in The Export-Import Bank of the Republic of China v Grenada, really couldn’t wait…...
...But the Seventh Circuit — in a really nuts case called Rubin v Islamic Republic of Iran — ruled that judgment creditors “must identify the specific property that is subject to attachment”....
...It remains locked out of international capital markets and the International Monetary Fund last week began censure proceedings over its faulty official statistics....
...Cristina and the Supremes.The Supreme Court is asking the US government’s opinion on a petition by Argentina against holdouts being granted “discovery” of information about the Republic’s assets abroad,...
...related to its sovereignty and, on the other hand, that the bond contracts did not provide any express waiver by the Republic of Argentina of its immunity from attachment of resources of a fiscal or social...
...But Argentina would remain locked out of international capital markets so Argentine companies would find it harder to raise money, with a knock-on effect on investment and growth....
...This is no sovereign debt Jarndyce v Jarndyce. Of course, all along, the Court of Appeals has affirmed the core of Judge Griesa’s order for Argentina to pay holdouts....
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