This paper discusses the recent brief filed in the famous case NML v The Republic of Argentina which takes place before … Argentina to default. This paper also discusses the relationship between payment proposals by sovereigns in default and the … analyses them in lieu of Argentina's political and financial situation as well as certain contractual limitations that prevents …

Capital v. Argentina has the potential to shatter this consensus. A panel of the US Court of Appeals for the Second Circuit … has approved a novel injunction, which requires Argentina to make full payment to holdouts who declined to participate in … NML v. Argentina. The case is important both for its interpretation of the pari passu clause — some version of which …

Argentina hit headlines around the world in 2002 on account of the largest debt default in history and a sudden …