Argentina requests suspension of 'illegitimate' discovery process for YPF case in U.S. court
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Argentina's Treasury has requested a New York court to suspend the discovery process in the YPF nationalization case, labeling it as illegitimate and intrusive. The request aims to overturn a $16.1 billion award to former shareholders Petersen Energia Inversora and Eton Park Capital Management. Argentina argues that the case should be handled by local judges and claims the discovery process has become a tool for harassment against the state. The administration of President Javier Milei asserts compliance with legal processes and deems the current requests as disproportionate.
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