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YPF Plaintiffs Ask Judge Preska to Hold Argentina in Contempt

The filing challenges Argentina's discovery compliance with hearings slated for late March.

Overview

  • Petersen and Eton Park filed in New York to seek a contempt finding over alleged failures to produce officials' emails and messages required in discovery.
  • The dispute stems from a 2023 first‑instance ruling awarding about $16.1 billion plus interest over the expropriation of YPF.
  • Argentina's Procuración del Tesoro rejects the accusation, asserting compliance with court orders and emphasizing ongoing appeals.
  • Plaintiffs signal they may request monetary fines, adverse evidentiary inferences, and strict schedules, and they are pressing alter‑ego claims to reach assets of state‑linked entities.
  • The court set deadlines with Argentina's response due Feb. 19, plaintiffs' reply by Mar. 5, and late‑March hearings to consider contempt and possible sanctions.