Argentina Asks World Court to Review Debt Case

  • 2/10/2023
  • 22:52
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United Nations, Shawwal 12, 1435, Aug 8, 2014, SPA -- The International Court of Justice (ICJ) said Thursday it has received a filing from Argentina seeking to have the court consider a complaint by Buenos Aires about U.S. court rulings on its sovereign debt restructuring. U.S. courts have ruled that Argentina must pay in full "holdout" bondholders who did not participate in a restructuring of the country's debt after a 2001 default. The Netherlands-based ICJ, the U.N. court for resolving disputes between countries, said Argentina's application asserted that the U.S. rulings constituted a violation of its sovereignty. --SPA 12:38 LOCAL TIME 09:38 GMT www.spa.gov.sa/w

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