6 Nov 2012

Don’t Cry for Me Argentine Bondholders: Update

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In view of the broad interest clients have expressed in our note analyzing last week’s Second Circuit decision construing the Pari Passu Clause in Argentina’s defaulted bonds and remanding the matter back to the District Court for further consideration of the appropriate injunctive relief, we are publishing this note to alert our clients as to the most recent events in what is likely to be a fast-moving process. (See “Don’t Cry for Me Argentine Bondholders: the Second Circuit Decides NML Capital v. Argentina” (October 26, 2012).

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