U.S. judge holds off on Citi subpoena in Argentine bond case

Reuters – A U.S. judge said on Wednesday [Sept. 10] he would wait for a decision on a pending appeal before ordering Citigroup Inc. to comply with a subpoena seeking details of any threats from Argentina to process payments the court had blocked.

U.S. District Judge Thomas Griesa at a hearing in New York acknowledged Argentina may be undertaking efforts to force Citigroup to violate orders he previously issued as part of litigation that led to the country’s default in July.

Read Complete Article

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply