Abgeschickt von rolf am 26 Januar, 2006 um 14:06:51
Autor: s0
Datum: 26.01.2006 13:36:16
According to today informs Financial Ambito, two bottoms vulture obtained a decision of USS105 embargo million pertaining to the Central bank of the Argentine Republic, within the framework of the conducted judicial presentations in New York by default of the country that still continues. The plaintiffs, command post Limited, pertaining to the Dart family, and the Capital NML, of the Elliot bottom, tried to block the transferences that the BCRA within the framework of the total cancellation of the debt to the IMF was making. 30 of December the last, according to date the newspaper, was accepted the presentation of the bottoms vulture by judge Jones, present reemplazante of Thomas Griesa in the South District of New York. Nevertheless, soon there was a failure in favor of Argentina. Until, the 12 of this month, the bottoms vulture presented/displayed an appeal to the Camera, and therefore those USS105 million of the Central bank (the amount in fact could be greater) followed obstructed. This retrotrajo to the happened thing in New York once it took shape the exchange of the debt in March and the bottoms vulture managed to stop the delivery of the new bonds to those who accepted the supply since the old papers in default were obstructed. The then situation was defined by the Court of appeal in favor of the country but complicó the final closing of the reconstruction of the debt. The 6 of last January were a telephone hearing in that the lawyers of the creditors participated and those of the Argentine government. And the Central bank also was represented by Joseph Neuhaus of the Sullivan study and Cromwell. In as much, the consequences of the payment to the IMF in Germany felt, where the Argentine defense used as it excuses of the nonpayment to the economic emergency that lives the country. Then, the payment to the Bottom shot orders so that the judgments activate something that now is in the Supreme Court of that country.