the lawyer who advised vultures now represents bondholders

the lawyer who advised vultures now represents bondholders

He is always back. And he can be blamed for many things from Buenos Aires, but never that it is not consistent with his position. One of the main (if not the biggest, in legal terms) opponents that the country had in the Trial of the Century against the vulture funds, once again tried to influence the local economic reality, now in his role as main legal advisor to a group of bondholders who entered the 2020 debt swap and that today maintain their positions but at default prices. He made contact with some of the investment funds that were present yesterday at the meeting in Washington between Silvina Batakis with references from Wall Street; so that they expose to the Argentine minister a hard and direct position in favor of what they consider the government of Alberto Fernández should do. That is, a strong fiscal adjustment, which guarantees the country a serious balance of the macroeconomic and fiscal accounts that derives in the fulfillment of the goals agreed with the International Monetary Fund (IMF) and thus achieve an improvement in the price of bonds. restructured, trading today at default prices.

Source: Ambito

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