SCOTUS

Depravity of Our World

 This report illustrates how our most trusted institutions are facilitators of our most feared government abuses

IMF Releases Paper on Ending Predatory Behavior: Paper Propels IMF Board Financial Stability Decisions

The International Monetary Fund (IMF) officially released a major paper focused on increasing stability in the financial system and preventin

Argentina Responds to Supreme Court with Debt Swap Plan: Global Consequences of Court Ruling Remain Intact

 

Supreme Court Refuses Argentina Debt Case

The US Supreme Court denied Argentina's appeal for a hearing today, leaving intact a lower court ruling that validates predatory behavior targeted towards countries in financial distress. The high court also denied a related appeal on behalf of the more than 92% of bond holders who had accepted Argentina's restructuring deal. In a final blow, the court also decided that hedge funds can access information on where Argentina holds financial assets around the world.

Argentina Battles in Two World Cups

 

Supreme Court Justices Consider Hearing Argentina Hedge Fund Debt Case

 

Argentina Files Final Response Urging Supreme Court to Accept Predatory Hedge Fund Debt Case

Argentina filed its final Supreme Court response to hedge fund NML Capital urging the high court to take the case that the Financial Times calls "the debt trial of the century." Jubilee USA filed an Amicus Curiae brief in March noting that the precedent in the case will impact debt restructurings, poor country access to credit and debt relief programs designed to help people living in extreme poverty. The US government and the International Monetary Fund support Argentina. On June 12th, the Supreme Court is scheduled to discuss whether or not it will hear the case.

"We've finally reached the end game in the Argentina NML debt case," said Eric LeCompte, Executive Director of the religious antipoverty group, Jubilee USA Network. We pray the Supreme Court will take the case as it will impact people living in extreme poverty around the globe."

Last week LeCompte met Pope Francis and presented the Holy Father Jubilee USA's Supreme Court filing in support of Argentina.

 
 
 
 
 
 

 

 

U.S Supreme Court Will Not Take Argentina and NML Capital Debt Case

 

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