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Judge Preska Sets March Hearing, Approves Timeline for Possible Contempt Sanctions in YPF Case

Plaintiffs can now file a January sanctions motion targeting alleged noncompliance.

Overview

  • The Southern District of New York scheduled an evidentiary hearing for March 23–24, 2026 on issues tied to alleged contempt by Argentina.
  • The court-approved calendar sets January 15 for a sanctions motion, February 19 for Argentina’s response, and March 5 for the plaintiffs’ reply.
  • Discovery seeks off-channel communications such as WhatsApp messages and emails from current and former officials, along with information on potentially attachable assets and alter ego entities.
  • Argentina’s legal team says the country is not in contempt, asserts it is cooperating, and has appealed the discovery order as unlawful under Argentine and U.S. law.
  • Burford Capital finances the plaintiffs and has threatened to seek a contempt finding, while the underlying $16.1 billion judgment plus interest remains on appeal before the Second Circuit.