Burford Asks for Argentina’s YPF Stake to Pay $16 Billion Award

Burford Capital is asking a US judge to give it control of Argentine state oil company YPF SA as part of its effort to collect on a $16 billion court judgment against the Latin American country.

In a motion filed Monday in New York, Burford asked US District Judge Loretta Preska to grant it the 51% stake in YPF currently held by Argentina’s federal and provincial governments. Preska is also the judge who in September issued the judgment that Burford is now trying to collect.

Burford had sought to keep its filings secret, saying that news of its collection effort ...