Argentina Increases Bonds Offered by $600 Million Post US Order to Freeze its Assets

NEW YORK (May 24, 2010) – In response to a request from eight plaintiff class-action groups holding defaulted Argentine bonds, U.S. District Court Judge Thomas P. Griesa today issued a restraining order that freezes up to $2.43 billion in Argentine government assets held by Banco de la Nación Argentina.

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Published In: Finance & Banking Updates, International Law & Trade Updates, Securities Law Updates

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