The President Javier Milei He anticipated through a post his X account that will appeal the judge’s ruling Loretta Preskafrom the second New York district, which orders the Argentine Republic deliver 51% of Actions of YPF as part of payment to the beneficiaries of the trial for the expropriation of the oil company in 2012.
“A ruling against Kicillof”, begins the publication of Milei in reference to who was at the time the Deputy Minister of Economy of Cristina Fernández de Kirchner and who led the strategy to expropriated the company, which at that time belonged to Repsol.
“We had just learned that Judge Preska ruled against the Argentine State in the case of the expropriation of YPF. Regardless of the underly
“Unfortunately, he did not reach him to ruin the Argentine economy, so now he is taking care of destroying the province of Buenos Aires,” Milei added.
“Apart from the imbecility of Kicillof and all those who ruled us before, all the Argentines know that we are going to appeal this ruling in all the corresponding instances to defend national interests. More than 10 years passed and the Argentines continue to suffer the consequences of the worst government in Argentine history. PD: I warned that the Soviet is a ball!” Milei concluded.
It is a sentence that the country may appeal and is framed in the demand for which eThe State was already condemned to pay more than USD 16,000 million. The appeal must arrive quickly because the ruling indicates that the shares are delivered within 15 days. The Attorney General’s Office did not want to make statements before the consultation of Infobae.
The background Burford Capitalmain beneficiary of the conviction against the country, had requested in April 2024 the control of the actions that was now granted. He had also requested embargoes and other measures, all pointed out to what sources linked to the case always defined as “pressures to negotiate.” It is that Burford bought the rights to be litigated from this cause that has been a decade and for which the country had several setbacks in the US Cortes.
“The decision is absolutely unpublished (that’s why the US Government Department opposed in its brief amicus supporting the position of the Argentine defense). It can be appealed and the presentk itself, or where appropriate the Court of Appealsshould suspend the effects of this decision, “said a source with knowledge of the cause that requested name.
“It is impossible that without Congress approval the actions are delivered. If Milei would like to do so, it would be a problem for Burford because I should make a public offer, something that does not even want to do. They want Appeal, without a doubt, something that can last a year and a half, and there could be negotiations in the middle, something that the country never wanted to do. Sebastián MarilCEO of Latin Advisors, to Infobae.
