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YPF investors ask US Supreme Court to revive $16.1 billion Argentina judgment

Original: YPF investors ask U.S. Supreme Court to revive $16.1 billion judgment against Argentina

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.

Why now: The Supreme Court now faces a decision that could revive a record-setting $16.1 billion judgment against Argentina over the YPF nationalization.

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• YPF investors ask U.S. Supreme Court to revive $16.1 billion judgment against Argentina · Reuters

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