COC

rbw/argentina-requesting-relief-“vulture-funds”-case

Argentina Requesting Relief in “Vulture Funds” case

Rethinking Bretton Woods | Tue, Feb 25, 2014

Center of Concern team member Aldo Caliari is quoted in an article on Argentina’s appeal before the U.S. Supreme Court to review a lower court ruling that would compel the country to pay more than $1.3 billion to U.S. “holdout” bondholders that the Argentine president has called “vultures.”

The article, Argentina Requests Supreme Court Relief in “Vulture Fund” Case, appeared on February 24 2014.

“The ruling would make it very hard for debtors going through similar problems in the future to restructure their sovereign debt in a successful, timely and orderly fashion,” Caliari said.