• On April 15th, the U.S. Supreme Court indicated interest in Argentina's petition for certiorari that seeks review of a Second Circuit order issued in Argentina's long-running dispute with a hedge fund concerning Argentina's 2001 sovereign debt default. The Second Circuit affirmed a district court order requiring two non-party banks to comply with subpoenas seeking information about Argentina's assets located outside the U.S. Argentina argued that the banks' compliance with the subpoenas would infringe its sovereign immunity. The Second Circuit held that because the district court ordered only discovery, not the attachment of sovereign property and because that discovery is directed at third-party banks, Argentina's sovereign immunity is not affected. The Supreme Court has asked the U.S. Solicitor General to present the government's views on the issue. Supreme Court Docket Sheet.