Argentina to meet with Vulture Funds in NY

US court appointed mediator in the Argentine debt crisis Daniel Pollack leaves the US Federal Courthouse in New York.

A hearing originally scheduled for yesterday will take place today at 1 p.m. (Argentinean time) in New York. Court-appointed special mediator Daniel Pollack will head the first face-to-face meeting between legal representatives of Argentina and vulture funds.

This is the first time lawyers of the parties involved in the 1.3 billion dollar legal dispute will sit at the negotiating table face-to-face, having both only met separately with mediator Pollack.

According to Mr. Pollack, Argentina’s defence could not make it in time to the meeting that had been set for yesterday at 11 am.