US judge says Argentina owes about $16 billion after YPF payout trial

Argentina suffered a big legal defeat on Friday as a U.S. judge ruled that the country must pay about $16 billion to minority shareholders of YPF (YPFD.BA) arising from the government's 2012 seizure of a majority stake in the oil and gas company. U.S. District Judge Loretta Preska in Manhattan…#argentina #ypf #lorettapreska #manhattan #burfordcapital #burford #jefferies #preska #etonpark #axelkicillof
Source: Reuters: Health - Category: Consumer Health News Source Type: news