An agreement was reached on Wednesday to resolve the long-running litigation but will need more time to be completed,a lawyer for the investors saidCreditors suing Argentina over defaulted bonds enjoy agreed to the economic terms of an agreement to resolve the long-running litigation but need more time to complete the $5bn deal, a lawyer for the investors said on Wednesday. The disclosure came during a hearing before a federal appeals court in New York, or where the panel said it will allow a US judge to swagger forward with lifting injunctions that restrict Argentina from paying off some debts. Continue reading...
Source: theguardian.com