Thursday, August 21, 2014
US Judge Griesa schedules new hearing for today after holdouts claim Argentina ignored court orders
US District Judge Thomas Griesa will lead a new hearing today on Argentina's debt case at 4 pm (Argentine time) after a holdout group claimed Argentina is ignoring his prior orders.
In a letter to the judge filed late yesterday, NML Capital Ltd said the measures announced by President Cristina Fernandez on Tuesday were a "grave affront" on Griesa's ruling.
"The express purpose of these maneuvers is to render this court's orders a nullity," NML's lawyer Robert Cohen said.
Cohen's letter urged Griesa to hold an emergency hearing to address "whether this court should hold Argentina in contempt
In a letter to the judge filed late yesterday, NML Capital Ltd said the measures announced by President Cristina Fernandez on Tuesday were a "grave affront" on Griesa's ruling.
"The express purpose of these maneuvers is to render this court's orders a nullity," NML's lawyer Robert Cohen said.
Cohen's letter urged Griesa to hold an emergency hearing to address "whether this court should hold Argentina in contempt
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