Argentina Says It Won’t Negotiate With Burford Over YPF Shares

Argentina won’t negotiate with Burford Capital, the firm leading efforts to collect a $16 billion judgment against the South American nation, a spokesman for President Javier Milei told reporters Friday.

The spokesman, Manuel Adorni, also denied that the government had held any secret talks. “Argentina will not negotiate with the plaintiffs and categorically denies any malicious discussion of parallel meetings or secret agreements,” he said.

Adorni’s remarks come a few weeks after US District Judge Loretta Preska in New York ordered Argentina to hand over its 51% stake in oil company YPF SA to partially satisfy the judgment. Preska ...