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ETEVOB v. REPUBLIC OF ARGENTINA

No. 03 Civ. 1680(TPG).

471 F.Supp.2d 432 (2007)

Susan ETEVOB et al., Plaintiffs, v. THE REPUBLIC OF ARGENTINA and The Province of Buenos Aires, Defendants.

United States District Court, S.D. New York.

January 16, 2007.

Attorney(s) appearing for the Case

Joel A. Chernov, Marc S. Dreier, Drier & Baritz L.L.P., New York, NY, for plaintiffs.

Carmine D. Boccuzzi, JR., Jonathan I. Blackman, Cleary Gottlieb Steen & Hamilton, LLP(NYC), New York, NY, for Republic of Argentina.

Jonathan I. Blackman, Cleary Gottlieb Steen & Hamilton, LLP(NYC), New York, NY, for Province of Buenos Aires.

AMENDED OPINION

GRIESA, District Judge.

Plaintiffs are the beneficial owners of certain bond indebtedness issued by defendants The Republic of Argentina and The Province of Buenos Aires (hereinafter referred to jointly as the "Republic"). The Republic defaulted on such indebtedness in December 2001 during a profound fiscal crisis. Plaintiffs are suing to recover amounts due to them as a result of the. default and have moved for summary judgment.<...

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