May 4, 2020
Argentina again finds itself overleveraged, unable to sustain its foreign debt load and facing a “make-or-break” deadline to negotiate a restructure of nearly $65 billion of debt to private bondholders. In this report from the New York Times, Jay Auslander, a partner in the firm’s litigation group, assesses whether Argentina and its bondholders are likely to reach an accord as the country’s ninth sovereign default looms.
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