Gesamtzahl der Seitenaufrufe

Samstag, 20. Februar 2016

(2) For all plaintiffs that enter into agreements in principle with the Republic on or before February 29, 2016, the Republic must make full payment in accordance with the specific terms of each such agreement.

Conclusion
For these reasons, the court now indicates that it would vacate the
injunctions upon the occurrence of two conditions precedent:
(1) The Republic repeals all legislative obstacles to
settlement with the FAA bondholders, including the
Lock Law and the Sovereign Payment Law;
(2) For all plaintiffs that enter into agreements in principle
with the Republic on or before February 29, 2016, the
Republic must make full payment in accordance with
the specific terms of each such agreement. The
Republic must also notify the court once those plaintiffs
have all received full payment.
If the Court of Appeals remands to allow this court to grant the Republic’s
motion to vacate, the injunctions will be lifted automatically upon fulfillment of

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