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last mo.

Judge Preska Orders Argentina to Hand Over Full Inventory of Overseas Assets in YPF Case

The directive follows the $16.1 billion YPF judgment with a share‑transfer order currently on hold on appeal.

Jueza estadounidense, Loretta Preska.
El Banco Nación, ahora en disputa por un fondo buitre
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Revés para la Argentina en EE. UU.

Overview

  • U.S. District Judge Loretta Preska rejected Argentina’s bid to narrow discovery, ruling that arguments based on the NML Capital precedent had already been considered and amounted to relitigation.
  • Argentina must compile a comprehensive list of all state assets located abroad, with the court to decide later which assets are potentially embargable and which are exempt, reportedly including items linked to defense.
  • Preska recently upheld orders requiring production of officials’ communications and device data, including emails and WhatsApp messages from Economy Minister Luis Caputo and his predecessor Sergio Massa.
  • The Second Circuit’s administrative stay continues to pause any immediate transfer of 51% of YPF shares as appeals proceed.
  • A follow‑up discovery hearing is set for Sept. 4 in New York, as creditors including Burford Capital, Petersen Energía and Eton Park press to identify assets to satisfy the $16.1 billion award.