Cleary Stops Bondholders from Attaching Argentina's Patents

March 23, 2012

Bondholders have won billions of dollars in judgments against Argentina stemming from its 2002 default, but have struggled to collect on them. Vulture fund Aurelius, represented by Simpson Thacher, unsuccessfully tried to get attachment orders against U.S. patents issued to Argentinian state entities as a way to satisfy some of its judgments.

http://www.law.com/jsp/tal/digestTAL.jsp?id=1202546783664