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Argentine instrumentality not the government's alter ego

Katten Muchin Rosenman LLP
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Argentina, USA
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March 4 2011

An instrumentality of the Republic of Argentina could not be deemed the government's alter ego based on its role in implementing Argentina's energy policies and thus was not liable for the country's bond debts

Investors in Argentine bonds entitled to millions in additional interest

Katten Muchin Rosenman LLP
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Argentina, USA
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July 8 2011

The New York Court of Appeals held that, under the terms of bond documents requiring biannual interest payments "until the principalis paid," Argentina was contractually obligated to make biannual interest payments to bondholders even after the bonds' scheduled maturity date in 2005 and after certain bondholders accelerated the maturity date following Argentina's default in 2001

Second Circuit holds that Argentinean national bank is not alter ego of Argentina

Katten Muchin Rosenman LLP
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Argentina, USA
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November 2 2012

The US Court of Appeals for the Second Circuit recently affirmed a decision from the United States District Court for the Southern District of New York, holding that Banco de la Nación Argentina (BNA) was not Argentina's alter ego and, therefore, that BNA's assets could not satisfy the judgment that plaintiffs obtained against Argentina relating to the country's default on its sovereign debt

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Argentine instrumentality not the government's alter ego

Investors in Argentine bonds entitled to millions in additional interest

Second Circuit holds that Argentinean national bank is not alter ego of Argentina

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