Friday, February 26, 2016

NML Capital requests US judge Griesa to postpone Tuesday hearing

Lawyers of NML Capital, one of the major creditors suing Argentina in US courts over defaulted bonds, today requested New York District Judge Thomas Griesa to postpone a hearing scheduled for next Tuesday.

“As the Court is aware, the order requires affected parties to file papers in response to the Republic’s requested relief by noon on February 29, 2016, and sets a hearing for March 1,” a request addressed to Griesa said. “This hurried schedule, entered before the plaintiffs even had a chance to respond to this afternoon’s letter from Argentina’s counsel requesting a hearing, is entirely unnecessary and skirts the mandate of the court of appeals issued just yesterday,” it added.