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Judge Grants Argentina 3-Day Extension on $16B Judgment

7/16/2025

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Summary

Story summary

A New York federal judge has granted Argentina a brief three-day extension to pursue a longer delay on a staggering $16 billion judgment tied to YPF SA. While US District Judge Loretta Preska has temporarily paused her previous order, she denied Argentina's request for an extended stay, highlighting the country's failure to fulfill its obligations and post an appeal bond.

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Story summary

A New York federal judge has granted Argentina a brief three-day extension to pursue a longer delay on a staggering $16 billion judgment tied to YPF SA. While US District Judge Loretta Preska has temporarily paused her previous order, she denied Argentina's request for an extended stay, highlighting the country's failure to fulfill its obligations and post an appeal bond.