The United States Court of Appeals for the Second Circuit granted a motion Argentina had filed, requesting the discovery process over the 2012 expropriation of state-owned energy company YPF be postponed until the country’s appeal on the case is resolved. The dispute stems from the legal battle Argentina has been waging against Burford Capital in U.S. courts over the expropriation for more than a decade now. In 2023, Judge Loretta Preska ruled that the country had breached its contract and ordered it to pay US$16.1 billion, a judgment Argentina’s lawyers have appealed. The Argentine Treasury Attorney General’s Office, which is representing the government, had filed a formal request to halt discovery in late January. The complaint was also related to a discovery process in the case involving emails and messages from current and former officials.

Source: Bueno Aires Herald March 18, 2026 22:04 UTC