Argentina bid nixed

Written By Unknown on Rabu, 27 Maret 2013 | 10.46

A Us appeals court yesterday denied Argentina's request to reconsider a ruling that favored creditors led by Elliott Management affiliate NML Capital Ltd. who opted out of two of the country's debt restructurings.

The 2nd US Circuit Court of Appeals in New York declined to grant a so-called en banc rehearing, in which the full court would have reviewed a decision by a three-judge panel of the court that went against Argentina in October.

Reuters

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