Overview
- Judge Loretta Preska approved a schedule that lets plaintiffs seek sanctions on January 15, with Argentina’s response due February 19, a reply on March 5, and an evidentiary hearing set for March 23–24, 2026.
- The dispute now hinges on discovery of off‑channel communications such as chats and emails from current and former officials, with some named ministers yet to provide material.
- The Argentine government denies contempt, says it is making rolling productions and obtaining consents, and has appealed the discovery order as illegitimate under Argentine and U.S. law.
- Plaintiffs backed by Burford Capital continue enforcement efforts, including arguments that certain state-linked entities could be treated as alter egos for potential asset attachment.
- The first‑instance judgment of roughly $16.1 billion plus interest remains on appeal at the Second Circuit, a decision that could nullify enforcement if it favors Argentina.