US Judge Orders Argentina to Transfer 51% YPF Stake to Hedge Fund
TL;DR Summary
A US judge has ordered Argentina to relinquish its 51% stake in YPF within two weeks following a $16 billion judgment against the country for the 2012 nationalization of the energy company, marking a significant legal and economic setback for President Javier Milei's government as it faces potential delays in oil and gas projects and ongoing financial negotiations.
- Argentina must turn over 51% stake in YPF, US judge rules Buenos Aires Times
- In a blow to Milei, a US judge orders Argentina to turn over its majority stake in state oil company AP News
- US judge orders Argentina, facing $16.1 billion judgment, to give up YPF stake Reuters
- US judge orders Argentina to give up majority stake in state-run oil company YPF Financial Times
- YPF case: Preska orders Argentina to hand over 51% of company shares to hedge fund Buenos Aires Herald
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