Jul 16, 11:03 PM

Argentina Fires 60 Treasury Lawyers Over Alleged YPF Lawsuit Leaks

Argentina’s government has dismissed roughly 60 staff members from the Procuración del Tesoro, its state litigation office, after an internal probe found evidence that confidential material from the high-stakes lawsuit over the 2012 nationalisation of oil producer YPF had been leaked. Authorities allege that the information was passed to Burford Capital and Eton Park, the litigation funds that hold the US$16.1 billion judgment against the country in a New York federal court. The office, headed by Deputy Treasury Attorney Santiago Castro Videla, said it is restructuring departments and dissolving some administrative units as part of a broader overhaul aimed at preventing further breaches. The shake-up follows recent moves by Argentina to appeal the decision by US District Judge Loretta Preska ordering the state to hand over its 51 % stake in YPF to the plaintiffs. Buenos Aires secured a temporary stay from the US Second Circuit Court of Appeals late last month and has also received backing from the US Department of Justice, which plans to file an amicus brief supporting Argentina’s position.

#Argentina #Procuración del Tesoro #YPF #Burford Capital #Eton Park #US #New York #Santiago Castro Videla #Loretta Preska #Buenos Aires #US Department of Justice

Written with ChatGPT .

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Argentina Fires 60 Treasury Lawyers Over Alleged YPF Lawsuit Leaks

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