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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