Hedge Fund News From HedgeCo.Net

US Supreme Court to review Argentina hedge fund battle

AFP – The US Supreme Court will discuss Thursday whether to hear a challenge from Argentina against hedge fund investors, a case that could hold deep ramifications for the global sovereign bond market.

Argentina sought the highest US court’s intervention in the nine-year-old case to avoid being forced to pay out more than a billion dollars to investors speculating in its defaulted bonds.

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