Argentina Asks Judge To Delay Payment Order Again

As talk of a default by Argentina grows, the Latin American government yesterday asked a US judge to pause an order demanding it pay holdout bond owners who did not participate in debt restructuring agreement from 2002 when the country originally defaulted.

Argentina ordered to pay holdout bond owners

This is the second time Argentina had asked US District Judge Thomas Griesa to stay the previous order to pay the holdout bond owners. The first time the stay was denied. In court Monday little of new significant legal relevance was said to be presented other than Argentina cryptically...