U.S. appeals court grants emergency halt on Argentine bond payment

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NEW YORK | Wed Nov 28, 2012 10:13pm GMT

NEW YORK (Reuters) - A U.S. appeals court on Wednesday granted an emergency stay order that gives Argentina more time to argue against making a $1.33 billion (830.4 million pounds) payment to investors who rejected two debt restructurings in the nation's 2002 sovereign debt default.

(Reporting By Daniel Bases and Basil Katz; Editing by Leslie Adler)
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Comments (1)
Raymond.Vermont wrote:
So when is enough, enough?

1 billion will soon lead to a 11 billion…

So on, so forth.

Nov 28, 2012 11:02pm GMT  --  Report as abuse
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