YPF

Investors in Argentina's state energy company YPF have asked the US Supreme Court to reinstate a $16.1 billion judgment against Argentina. The case stems from the government's 2012 expropriation of YPF, and investors argue Argentina owes compensation. The appeal follows a lower court decision that went in Argentina's favor.

Investors in Argentina's state energy company YPF have asked the U.S. Supreme Court to reinstate a $16.1 billion judgment against Argentina. The case stems from the 2012 nationalization of YPF, which shareholders argue was carried out without a proper tender offer for minority investors. Lower courts have clashed over whether the claim can proceed, and the justices' decision on whether to hear the case could determine one of the largest damages awards ever sought against a sovereign state.