Argentina and Holdouts again Disagree

Edited by Juan Leandro
2014-09-06 13:43:10

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Buenos Aires, September 6 (Mercopress-RHC), --Argentina still has “unresolved” issues preventing a settlement with bondholders suing the country for repayment after not participating in the country's restructurings following its 2002 default, a court-appointed mediator said Friday.

Daniel Pollack, a New York lawyer appointed by U.S. District Judge Thomas Griesa in Manhattan to oversee settlement talks, in a statement said he met Thursday with lawyers for Argentina and the bondholders.

Pollack said that on his request the sides met again to continue exploring possibilities, but “the issues that divide the parties remain unresolved,” he said, adding he would continue in his role at the judge's request.



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