Judge Rules Argentina Can't Change Debt Domain

Surprise, surprise. Judge Thomas Griesa, visibly upset at Argentina’s apparent thumbing of their nose at his legal rulings, ruled today that Argentina cannot change the legal domain for its debt. Argentina’s debt domicile shift violating US court orders Greisa was quoted as saying that Argentina shifting its debt domicile is a violation of current US court orders and cannot be carried out as planned. Meeting with the Argentina’s lawyers, Cleary Gottlieb Steen and Hamilton, as well as lawyers for the holdout hedge funds, Griesa was quoted in a Reuters/CNBC report as saying Argentina has taken a “lawless position.” While he…