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Bloomberg
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Argentina Gets $16 Billion US Judgment Tossed on Appeal
Argentina scored a major victory as a US appeals court reversed a ruling ordering it to pay $16.1 billion. The judgment involved the seizure of state-run oil company YPF over a decade ago. The decision brings relief to Argentina's government and economy.
Argentina scored a major victory as a US appeals court reversed a ruling ordering it to pay $16.1 billion over the seizure more than a decade ago of state-run oil company YPF SA.