Overview
- Beneficiaries of the YPF judgment, Petersen and Eton Park backed by Burford Capital, filed a contempt motion alleging Argentina failed to comply with court-ordered discovery of officials’ emails and messages.
- Plaintiffs request a coercive fine of at least $1 million per day, adverse‑inference findings, and alter‑ego determinations for entities such as the central bank, Banco Nación, YPF, and Aerolíneas Argentinas, with a possible live‑witness hearing at Argentina’s expense.
- Argentina’s Procuración del Tesoro rejects the filing as procedural harassment, asserting full compliance with more than 113,000 pages produced and officials’ testimony, and arguing it lacks control over personal devices and accounts.
- The court set a briefing and hearing schedule with Argentina’s response due February 19, plaintiffs’ reply March 5, and evidentiary hearings on March 23–24 before Judge Loretta Preska.
- The dispute arises from Preska’s 2023 first‑instance ruling of roughly $16.1 billion over the 2012 expropriation of YPF, now on appeal, with plaintiffs seeking WhatsApp and email records of current and former officials including Luis Caputo and Sergio Massa.