Gesamtzahl der Seitenaufrufe

Samstag, 29. Dezember 2012

in ihrem Schriftsatz bietet Cleary im Namen der Argys dem Berufungs-Gericht ein "Wiedereröffnung" des 2010er Tausches für die Kläger an


ob dann auch ein Angebot an die anderen ca 6 Mrd USD nicht-Kläger gemacht wird....man wird sehen (ich würde sagen ja....es macht Sinn)

aus:


ON APPEAL FROM THE UNITED STATES DISTRICT COURT 
FOR THE SOUTHERN DISTRICT OF NEW YORK 
BRIEF OF DEFENDANT-APPELLANT
THE REPUBLIC OF ARGENTINA 
Of Counsel: 

Jonathan I. Blackman 
Carmine D. Boccuzzi 
Ezequiel Sanchez-Herrera 
Sara A. Sanchez 
Michael M. Brennan 
CLEARY GOTTLIEB STEEN & HAMILTON LLP 
Attorneys for Defendant-Appellant
One Liberty Plaza 
New York, New York 10006 
(212) 225-2000 




The Executive is therefore prepared once again to present a proposal 
to Congress to definitively end the litigation through the equitable treatment of 
plaintiffs and those similarly situated on the same terms as participants in the 
Republic’s 2010 Exchange Offer.  Paying plaintiffs more would discriminate in the
very manner criticized by this Court in multiple ways against numerous parties,
including not only exchange bondholders, but also litigants similarly situated to
plaintiffs, all of whom hold debt with pari passu clauses and would presumably be
entitled to the same “Ratable Payments.”  The only definitive and equitable
solution to pari passu claims that would bring legal and economic certainty is to
treat plaintiffs and all other similarly situated claimants equitably on the same
terms as participants in the Republic’s 2010 Exchange Offer.


Argentina understands this Court’s desire to end the litigation.  The 
Executive is prepared to once again present to Congress a proposal that definitively 
treats all holdout creditors on the same terms as participants in the Republic’s 2010 
Exchange Offer, but it cannot pay plaintiffs on terms that the district court itself had
previously recognized are patently inequitable.

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