Judge Rules Argentina Can't Change Debt Domain

Mark Melin

Published onAugust 21, 2014

Updated on May 13, 2021

Surprise, surprise. Judge Thomas Griesa, visibly upset at Argentina’s apparent thumbing of their nose at his legal rulings, ruled today that Argentina cannot change the legal domain for its debt.

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Argentina’s debt domicile shift violating US court orders

Greisa was quoted as saying that Argentina shifting its debt domicile is a violation of current US court orders and cannot be carried out as planned.

Meeting with the Argentina’s lawyers, Cleary Gottlieb Steen and Hamilton, as well as lawyers for the holdout hedge funds, Griesa was quoted in a Reuters/CNBC report as saying Argentina has...

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Mark Melin

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

Judge Rules Argentina Can't Change Debt Domain

Argentina’s debt domicile shift violating US court orders

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