Overview
- Granting YPF’s request, Judge Loretta Preska suspended her prior order allowing discovery aimed at treating the company as an alter ego of Argentina.
- The pause applies only to discovery targeting YPF, while efforts concerning other sovereign assets, including the central bank, Banco Nación and Aerolíneas Argentinas, continue.
- The court ordered measurable progress on document production by January 10, 2026 and set a follow‑up hearing for January 29, 2026.
- Plaintiffs Petersen and Eton Park, financed by Burford Capital, are seeking off‑channel communications from officials and say some, including Luis Caputo and Pablo Quirno, have not produced their chats.
- The enforcement campaign seeks to satisfy a roughly $16.1 billion judgment stemming from Argentina’s 2012 expropriation of YPF by establishing alter‑ego links to reach attachable assets.