Friday, May 29, 2015
US judge Thomas Griesa holds hearing with 'me too' bondholders
New York district judge Thomas Griesa was heading a new hearing for holders of Argentine bonds who did not enter the debt swaps of 2005 and 2010, and who wish to secure full compensation for the titles defaulted on 14 years ago.
The 'me too' creditors, who did not make up the group of litigants led by hedge fund owner Paul Singer which obtained a favourable ruling from Griesa in their battle against Argentina, were meeging with the judge today to make their case to be included in the pari passu definition.
The 'me too' creditors, who did not make up the group of litigants led by hedge fund owner Paul Singer which obtained a favourable ruling from Griesa in their battle against Argentina, were meeging with the judge today to make their case to be included in the pari passu definition.
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