Argentina is trying to stop $16bn judgement enforcement for nationalizing YPF in UK court.
From Yahoo Finance: 2025-07-01 05:23:00
Argentina has requested a suspension on a $16bn judgement over nationalizing YPF, appealing a US court ruling in favor of Petersen Energia Inversora and Eton Park Capital Management, who claim over $17bn owed. These entities seek $2.5m daily interest. YPF’s 2012 nationalization led to legal disputes due to minority investor exclusion. Argentina contests the US ruling and seeks to halt enforcement in the UK. YPF’s transition from state-owned to private entity in 1993 outlined buyout procedures for government control exceeding 49%, which Argentina violated in 2012, leading to lawsuits from investors.
Read more at Yahoo Finance: Argentina seeks to halt $16bn YPF judgement enforcement in UK court