WHEREAS PlaintiffNML Capital, Ltd. served a subpoena on non-party
Euroclear Bank SA/NV ("Euroclear") dated March 12, 2015; and
WHEREAS Plaintiffs Aurelius Capital Master, Ltd., ACP Master, Ltd., Aurelius
Opportunities Fund II, LLC and Blue Angel Capital I LLC served a subpoena on Euroclear dated
March 16, 2015; and
WHEREAS Plaintiff Olifant Fund, Ltd. served a subpoena on Euroclear dated
March 16, 2015; and
WHEREAS upon the entry of this Order the above-referenced subpoenas are
withdrawn with prejudice, subject to the provisions of paragraph 3 hereof.
It is hereby ORDERED that:
1. Absent further order of this Court or confirmation that a Ratable Payment
has been or is being made in compliance with the Amended February 23, 2012 Orders ofthe
Court (the "Injunction"), Euroclear will not process any payments received from any source,
including but not limited to Nacion Fideicomisos S.A. and Caja de Valores, in respect of any
bonds subject to the Injunction, and will hold any such payments in suspension pending a ruling
from this Court on their proper disposition, and;
2. Before any bonds subject to the Injunction and held by Euroclear or a
Euroclear depositary or nominee are transferred from Euroclear or a Euroclear depositary or
nominee, or the custodial location of such bonds is changed, Euroclear shall provide notice of the
proposed transfer, including but not limited to the date of the proposed transfer, the identity of
the proposed transferee and other particulars regarding the transfer that are known to Euroclear,
to Plaintiffs' counsel at least thirty days in advance ofthe proposed transfer, except that if it is
not reasonably practicable for Euroclear to provide such notice at least thirty days in advance
through no fault ofEuroclear, Euroclear will provide the notice as soon as reasonably
practicable.
3. Should Euroclear violate the terms of this Order, Plaintiffs shall be free to
compel prompt compliance with the above-referenced Subpoenas, and to seek any other just and
proper relief against Euroclear as to which they may be entitled, subject to any and all rights or
defenses Euroclear may have.
SO ORDERED.
Dated: New York, New York
March 1-.(io 15
http://www.shearman.com/~/media/Files/Services/Argentine-Sovereign-Debt/2015/Arg225-032515-08cv6978-Doc-772.pdf
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