
US appeals court overturns $16 billion judgment over Argentina energy company nationalization
BUENOS AIRES, Argentina (AP) — A New York appeals court on Friday struck down a $16. 1 billion judgment against Argentina, overturning a lower court’s order to compensate former shareholders of the nationalized energy giant YPF, a decision that was celebrated by Argentine President Javier Milei. In the latest ruling in the long-running legal case reviewed by The Associated Press, the U. S. Court of Appeals for the Second Circuit overturned a 2023 judgment in which U. S. District Judge to a...
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