Overview
- Argentina’s March 6 emergency motion asks the Second Circuit to pause post‑judgment discovery, related sanctions efforts, and an evidentiary hearing set for April 21–23.
- The Justice Department’s March 14 memorandum calls the ongoing requests excessively intrusive and flags comity and reciprocity concerns that could invite similar measures against the United States abroad.
- Creditors led by Burford Capital pursue enforcement of a roughly US$16–16.1 billion first‑instance judgment tied to the 2012 YPF expropriation while underlying appeals remain pending.
- Plaintiffs sought officials’ emails and WhatsApp messages and information on sovereign assets, including central‑bank gold, after Argentina produced about 115,000 pages of records and extensive testimony, yet they still pressed for contempt and sanctions.
- DOJ had already weighed in on February 26 and asked to argue at an April 16 hearing on an order concerning YPF shares, while the Second Circuit has not ruled on the requested suspension.