Argentina Creditors Say Memo Shows Plan to Defy Courts
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A lawyer for holders of defaulted Argentine bonds told a judge that a leaked legal memo may be “the smoking gun” showing the South American nation plans to defy U.S. courts and default again if the Supreme Court doesn’t review its case.
Robert Cohen, a lawyer for Elliott Management Corp.’s NML Capital, yesterday asked U.S. District Judge Thomas Griesa to find that Argentina violated orders that it not seek to evade U.S. court jurisdiction, and to demand the country inform the court within 72 hours what it plans to do if the Supreme Court won’t hear the case.