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Argentina Appeals YPF Handover Ruling - LatinFinance

Summary by latinfinance.com
Heated lawsuit is heading closer to a climax, though a handover of the energy company’s shares is being seen as less likely The post Argentina appeals YPF handover ruling appeared first on LatinFinance.
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The project, of 305 MW and located in the province of Mendoza, is the first approved under the Incentive Regime for Large Investments (RIGI), and advances with the public consultation and the request for access to the electric transport capacity before the National Regulatory Entity of Electricity (ENRE).The National Regulatory Entity of Electricity (ENRE) enabled the public consultation for the Solar Park El Quemado, promoted by YPF in the prov…

With the arguments of the parties on the table, the deadline for justice to define whether to extend the suspension began to run.

·Buenos Aires, Argentina
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The governor of Chubut, Ignacio “Nacho” Torres, participated this Wednesday afternoon in a meeting at the premises of the headquarters of YPF, in the Autonomous City of Buenos Aires, in the framework of the presentation that the Province will make to the Court of New York, with the aim of lifting the embargo on the actions of the state company.

The Argentine Republic formally presented to the Court of Appeals of the Second Circuit of New York its arguments to support the suspension of the delivery of YPF actions, a measure ordered by Judge Loretta Preska in the framework of the trials for the stateization of the oil company. The aim of the brief is that the superior court will maintain the interruption of the execution while the substantive appeal is being conducted, beyond the current…

The lawyers of the government of Argentina presented to the Court of the Second Circuit of New York their arguments to define the suspension of the delivery of 51% of the actions that the State has in YPF, which had decided by the judge Loretta Preska. The Government aims to suspend definitively and without conditions the ruling of first instance that in 2023 Preska judge signed, in which it orders to pay compensation that exceeds US$16 billion …

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comercioyjusticia.info broke the news in on Wednesday, July 23, 2025.
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