Argentina's fight with bondholders reaches U.S. top court

Reuters

Lawrence Hurley
April 17, 2014

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(Reuters) - The U.S. Supreme Court on Monday wades into Argentina's multi-billion dollar legal fight with bond investors who turned down two debt restructuring offers after the country's 2002 default.

The relatively narrow case that the nine justices are due to hear concerns whether the investors can force banks in New York with which Argentina does business to disclose information about the country's non-U.S. assets as the investors seek repayment.

The case is in some ways the appetizer, with the main course in the no-holds-barred litigation yet to come. A bigger case, in which Argentina is challenging a court judgment …

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