Investors Seek Review by Full Appeals Court in Argentina Case

Investors whose $16.1 billion judgment against Argentina was reversed by a three-judge appeals panel in New York asked for a rehearing in front of the full Manhattan based appeals court.

• The panel ruled 2-1 that investors in YPF SA can’t collect on the judgment, over the nation’s 2012 nationalization of the company
• The panel concluded in March that a Manhattan federal judge wrongly ruled in favor of the former shareholders who said they were harmed by the nationalization of the Argentine oil company
• Shares in the litigation funder Burford Capital Ltd., which financed the suit and would have taken ...