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YPF investors ask U.S. Supreme Court to revive $16.1 billion judgment against Argentina
Source: reuters.com
Legal & LitigationEnergy Markets & PricesSovereign Debt & Ratings
Petersen Energia and Eton Park asked the U.S. Supreme Court to reinstate a $16.1 billion judgment against Argentina in litigation tied to oil company YPF. Reinstatement would create a substantial potential liability for Argentina and could intensify concerns over the country's sovereign financial position, while the ultimate outcome remains uncertain.
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