Browsing: US judge

A US judge delivered a stinging rebuke of Argentina’s handling of the YPF stake transfer, triggering a delay in handing over the crucial 51% share of the energy giant. This ruling deepens the uncertainty engulfing the fierce battle over this vital state-controlled asset

A U.S. judge has ordered Argentina to surrender its stake in YPF, escalating the fierce battle over a colossal $16.1 billion judgment and turning up the heat in the high-stakes struggle over debt repayment and sovereign assets, Reuters reports