Shearman & Sterling's lawyers have been following closely the ongoing dispute between the Republic of Argentina and holders of defaulted Argentine sovereign debt, particularly as that battle has been fought in the case NML et al. v. Republic of Argentina. This dispute has important implications for holders of the Argentine debt, issued in conjunction with Argentina's 2005 and 2010 Exchange Offers, as well as future sovereign debt restructurings.

View related source materials on our Argentine Sovereign Debt microsite.