U.S. appeals court overturns $16.1 billion judgment against Argentina in YPF case

What was the original judgment against Argentina?

A lower court had ordered Argentina to pay more than $16 billion, plus interest in some accounts, to former YPF shareholders over losses tied to the 2012 nationalization El Cronista,Reuters,La Nacion.

Does the appeals ruling end the case completely?

No. The appeals court overturned the judgment and sent the matter back to the lower court, and sources say the plaintiffs may still seek review by the U.S. Supreme Court El Cronista,EL PAÍS,La Nacion.

Who reacted publicly to the decision?

Milei praised the ruling on social media and in public remarks, while Burford Capital said it was weighing options including further appeals and international arbitration Daily Mail,EL PAÍS,La Nacion,Yahoo! Finance.