US Sides with Argentina in $16 Billion YPF Judgment Dispute, Opposes Burford Capital's Asset Seizures

Nov 7, 2024, 10:24 AM

The US government has taken a stance in favor of Argentina in a legal dispute over a $16 billion judgment involving YPF, Argentina's state oil company. The US urged a federal judge to deny Burford Capital's bid to seize assets of YPF as part of efforts to enforce the court judgment. This move aligns with Argentina's fight against asset seizures in the high-stakes case.