Argentina Asks Judge to Deny Hedge Funds’ Contempt Bid

Bloomberg – Argentina told a U.S. judge that holding it in contempt for disobeying his orders in a bond-payment fight with hedge funds would violate international law.

A contempt ruling, sought by Paul Singer’s Elliott Management Corp. and other investment firms, would “undermine the dignity of foreign states” and should be denied by U.S. District Judge Thomas Griesa in Manhattan, Argentina said a filing today.

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