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Second Circuit Affirms Injunction Requiring Argentina to Pay on Defaulted Bonds, Rejects Immunity Arguments

Published online by Cambridge University Press:  15 February 2017

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Abstract

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Type
Contemporary Practice of the United States Relating to International Law
Information
American Journal of International Law , Volume 107 , Issue 1 , January 2013 , pp. 221 - 224
Copyright
Copyright © American Society of International Law 2013

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References

1 NML Capital, Ltd. v. Republic of Argentina, 699 F.3d 246, 265 (2d Cir. 2012).

2 Editorial, Rule of Law 3, Argentina 0, Wall St. J., Nov. 7, 2012, at A24.

3 U.S. Court Rules Against Argentina over Payments, N.Y. TIMES, Oct. 27, 2012, at B4.

4 International Tribunal for the Law of the Sea Press Release No. ITLOS/Press 182, Request for Provisional Measures Submitted by Argentinain a Dispute over the Frigate ARA Libertad (Arg. v. Ghana) (Nov. 14, 2012),at http://www.itlos.org/fileadmin/itlos/documents/press_releases_english/PR_182_E.pdf. In December 2012, the tribunal ordered the vessel's release. International Tribunal for the Law of the Sea Press Release No. ITLOS/Press 188, Tri bunal Orders Release of Argentine Frigate ARA Libertad (Dec. 15, 2012), at http://www.itlos.org/fileadmin/itlos/documents/press_releases_english/PR_188_E.pdf.

5 NML Capital, Ltd., 699 F.3d at 25051 (citation omitted).

6 28 U.S.C. 16021611.

7 NML Capital, Ltd., 699 F.3d at 26263 (footnotes omitted).

8 Id. at 26364 (footnotes omitted).

9 Judge Orders Argentina to Pay Holdout Investors, N.Y. Times, Nov. 23, 2012, at B6.

10 StevenM. Davidoff, In Court Battle, a Game of International Brinksmanship with Argentina, N.Y. Times, Nov. 28, 2012, at B11.

11 See Holdout Funds Want Argentina to Deposit 250M by December 10, Mercopress, Dec. 3, 2012, at http://en.mercopress.com/2012/12/03/holdout-funds-want-argentina-to-deposit-250m-by-december-10.