
US supports Argentina in lawsuit against the nationalization of YPF
The Department of Justice will file a brief with the Court of Appeals against the order to transfer 51% of the oil company’s shares to an investment fund

The Department of Justice will file a brief with the Court of Appeals against the order to transfer 51% of the oil company’s shares to an investment fund

The country has until Thursday to transfer its 51% stake in the oil company that was nationalized in 2012, or else to reach a deal with the ‘vulture funds’ that sued it

Economy Minister Sergio Massa, one of the two remaining candidates, blamed oil companies for a lack of supply in the South American country and threatened to prohibit their exports

U.S. District Judge Loretta Preska in New York issued final judgment Friday detailing the dollar amount that the South American country would have to pay