Milei Wins as Appeals Court Kills $16B YPF Award

2026-03-27 - 18:40

Key Points — A US appeals court overturned the $16.1 billion judgment against Argentina over the 2012 nationalization of YPF, ruling 2-1 that the lower court misinterpreted Argentine law — Shares of litigation funder Burford Capital, which backed the plaintiffs and stood to collect most of the award, crashed 47% on the decision — President