Argentina to ask US appeals court to overturn $16.1 billion YPF judgment
Update: 2025-10-29
Description
In a high-stakes legal battle, a U.S. appeals court is set to decide whether Argentina should pay $16.1 billion to investors over the seizure of YPF. The case, which began over a decade ago, involves two minority shareholders, Petersen Energia Inversora and Eton Park Capital Management, who claim they were unfairly compensated when Argentina took control of YPF from Spain's Repsol. Argentina, currently led by President Javier Milei, argues the case should not be heard in a U.S. court and that the damages claimed are too high. The outcome could significantly impact Argentina's economy and international legal boundaries.
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