The Kirchnerite official also referred to the alternative proposed by UCR’S lawmaker Claudio Lozano to remove the Bank of New York (BONY) –under Griesa’s jurisdiction- as its payment channel to restructured bondholders and replace it with another. “It is part of a thorough analysis,” Capitanich said.

Tuesday, July 1, 2014

Gov't 'working' on vulture talks’ details

Cabinet Chief Jorge Capitanich said that the government is working on the Argentine delegation to travel to New York on Monday to meet with Judge Thomas Griesa and the holdout investors’ representatives. Capitanich said the names of those appointed to begin negotiations will be announced in the course of the week.

The mediator assigned by Griesa, the “Special Master” Daniel Pollack yesterday called both parts in the hedge funds dispute to a first face-to-face meeting next Monday, to begin negotiations.

Asked about the members of the negotiating delegation, Capitanich said no decision has been made yet and that it will be “defined and announced over the week” .

The Kirchnerite official also referred to the alternative proposed by UCR’S lawmaker Claudio Lozano to remove the Bank of New York (BONY) –under Griesa’s jurisdiction- as its payment channel to restructured bondholders and replace it with another. “It is part of a thorough analysis,” Capitanich said.