Overview

• The Second Circuit declined to suspend Argentina’s challenge to Judge Preska’s US$16.1 billion expropriation ruling and confirmed oral arguments for the week of October 27.
• The appeals court will decide next week whether to pause enforcement of the order requiring Argentina to transfer 51 percent of YPF shares pending its appeal.
• Argentina has been ordered to submit its full appellate brief on the share-transfer directive by September 25.
• The government rejected holdout creditors’ request for internal communications of former officials Luis Caputo and Sergio Massa.
• Argentina reiterated its willingness to cooperate with a U.S. Justice Department probe into the Eskenazi family and said it may seek to annul the judgment if corruption is established.