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United States Court of Appeals for the Second Circuit Statute of limitations Defaulted bonds – Acknowledgement of debt Bainbridge Fund Ltd. v. The Republic of Argentina 21-37-cv(L) Judges Walker, Leval, and Park Background: The plaintiff is the beneficiary of bonds issued by the defendant who defaulted on the bonds in 2001. The plaintiff did not ...
On June 22, 2022, the United States Court of Appeals for the Second Circuit affirmed the dismissal of claims seeking recovery on defaulted bonds issued by the Republic of Argentina.
On June 22, 2022, the United States Court of Appeals for the Second Circuit affirmed the dismissal of claims seeking recovery on defaulted bonds issued by the Republic of Argentina. ...
The Second Circuit has affirmed a lower court's decision finding Bainbridge Fund Ltd.'s suit seeking to recover on bonds the Republic of Argentina defaulted on in 2011 is barred by the statute of limitations, with the panel saying the country is not considered a "person" under New York bond law.