September 30, 2014
by Alison Sacriponte
Judge Thomas Griesa of the US District Court for the Southern District of New York declared Argentina in contempt of court Monday for the ongoing debt dispute after Buenos Aires refused to pay two US hedge funds and sought to sidestep his court order that forbids the government from paying only ...[read more]
September 12, 2014
by Julie Deisher-Edwards
The Chamber of Deputies of the Argentine National Congress on Thursday approved a bill that was signed into law later that day by President Cristina Fernandez to continue making payments on foreign-held bonds outside of US jurisdiction. The law circumvents a US court ruling prohibiting Argentina ...[read more]
June 16, 2014
by Jaclyn Belczyk
The US Supreme Court on Monday denied appeals from Argentina over debts stemming from an economic collapse over a decade ago. The US Court of Appeals for the Second Circuit ruled in October 2012 that Argentina must pay $1.33 billion to bondholders when it repays its debts. The Second Circuit ...[read more]
June 5, 2014
by Julie Deisher-Edwards
The Slovakia National Council amended the country's constitution on Wednesday to specifically define marriage as the unique bond between one man and one woman. Of the 123 members of Slovakia's parliament that voted on the measure, only 18 voted against adopting the amendment. The amendment ...[read more]
June 2, 2014
by Jaclyn Belczyk
The US Supreme Court ruled Monday in Bond v. United States that prosecutors cannot use an international chemical weapons treaty to convict a woman who attacked her husband's lover. Carol Anne Bond attempted to poison the woman by applying two toxic chemicals to her mailbox, car door handles and ...[read more]
April 21, 2014
by Jaclyn Belczyk
The US Supreme Court heard oral arguments Monday in two cases. In Republic of Argentina v. NML Capital Ltd. the court heard arguments on whether a hedge fund could subpoena banks for information about Argentina's non-US assets following the country's default on $100 billion in sovereign debt in ...[read more]
April 10, 2014
by Peter Snyder
Mediators involved in the city of Detroit bankruptcy proceedings announced Wednesday that they have reached a deal on over $388 million in bonds. The city will pay 74 cents for each dollar. The deal would eliminate only a small fraction of the $18 billion owed by Detroit and still requires the ...[read more]
March 25, 2014
by Zachariah Rivenbark
The Ukrainian Crisis The Ukrainian government under President Viktor Yanukovych announced on November 21, 2013, that it had suspended preparation for a trade deal with the European Union. The decision purportedly came about as a result of intense pressure from the Russian Federation to reject ...[read more]
February 7, 2014
by Matthew Pomy
Germany's Constitutional Court on Friday referred the case against the European Central Bank's (ECB) bond-buying plan, called Outright Monetary Transactions (OMT), to the European Court of Justice (ECJ). The ruling means the German court will not cut the program, which could alarm investors that ...[read more]
November 23, 2013
by Julie Deisher-Edwards
The International Tribunal for the Law of the Sea (ITLOS) on Friday ordered the release of the Greenpeace International ship Arctic Sunrise as well as the release of the 28 activists and two freelance journalists who were arrested on board the ship, upon payment of a ?3.6 million euro bond by... ...[read more]

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