South American country Argentina's default on its foreign currency had proved to be a nightmare. Now 13 years following the bankruptcy, the U.S. Supreme Court had confirmed a lower court decision which would drive the South American country to consider defaulting on its international debt obligations once again.
However, the narrative has a twisted angle, which included investors in both the United States and Europe, international financial law, a battle between so called vulture funds, and State of New York and European Union courts. Time was short and quick decision was needed.
This is just an excerpt. This case is about FINANCE & ACCOUNTING
PUBLICATION DATE: July 08, 2015 PRODUCT #: TB0395-PDF-ENG
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