started · updated
Argentina seeks more time in U.S. Supreme Court YPF litigation
Argentina has requested a 30-day extension from the U.S. Supreme Court to respond to a petition for review filed by Burford Capital regarding the YPF litigation. This request follows a significant procedural development in which U.S. District Judge Loretta Preska formally annulled the $16.1 billion judgment previously issued against the country.
The annulment follows a March 2026 decision by the Second Circuit Court of Appeals, which overturned the original 2023 ruling. The appellate court found that the initial decision had misinterpreted Argentine law, specifically regarding the expropriation process of the state-owned oil company in 2012.
While the first-instance proceedings are effectively closed following Preska's latest resolution, the dispute remains active. Burford Capital, which represents the interests of minority shareholders including Eton Park and the Petersen groups, has asked the U.S. Supreme Court to review the appellate decision. If the extension is granted, Argentina will have until December 2 to submit its response.
Entities
ARSAT · Argentina · Argentina Logistic Services SA · Burford Capital · Facundo Leal · Gerardo Boschin · International Monetary Fund · Lino Mirabelli · Loretta Preska · Luis Caputo · Mauricio Macri · Second Circuit Court of Appeals
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 8 SOURCES] The YPF case involved claims that the state failed to make a public tender offer to minority shareholders. prensalibreonline.com.ar · www.villamercedes.info · combonoticias.com · fmimpacto107.com.ar · www.versionrosario.com.ar · +1 more
- [● 11 SOURCES] Burford Capital has requested the U.S. Supreme Court to review the decision regarding the YPF litigation. www.villamercedes.info · combonoticias.com · fmimpacto107.com.ar · opinionpropia.com.ar · aviones.com · +3 more
- [● 16 SOURCES] The YPF litigation originated from the 2012 expropriation of 51% of the company's shares. prensalibreonline.com.ar · www.villamercedes.info · combonoticias.com · fmimpacto107.com.ar · www.versionrosario.com.ar · +9 more
- [● 16 SOURCES] Judge Loretta Preska formally annulled the $16.1 billion judgment against Argentina in the YPF case. prensalibreonline.com.ar · www.villamercedes.info · combonoticias.com · fmimpacto107.com.ar · www.versionrosario.com.ar · +9 more
- [● 6 SOURCES] The investigation examined whether the 2018 IMF loan agreement was used to facilitate capital flight to the exterior. frenteacano.com.ar · ituzaingonoticias.com.ar · newsonline.com.ar · gruporadialcentro.com.ar · www.agenciacomunas.com.ar
- [● 8 SOURCES] The Second Circuit Court of Appeals had previously revoked the conviction against Argentina in March 2026. prensalibreonline.com.ar · www.villamercedes.info · combonoticias.com · fmimpacto107.com.ar · www.versionrosario.com.ar · +1 more
- [● 6 SOURCES] The Federal Chamber of Criminal Cassation upheld the dismissal of the case investigating the 2018 IMF loan. frenteacano.com.ar · ituzaingonoticias.com.ar · newsonline.com.ar · gruporadialcentro.com.ar · www.agenciacomunas.com.ar
- [● 6 SOURCES] Prosecutor General Raúl Omar Pleé stated that no concrete criminal hypothesis was substantiated after five years of investigation. frenteacano.com.ar · ituzaingonoticias.com.ar · newsonline.com.ar · gruporadialcentro.com.ar · www.agenciacomunas.com.ar
- [● 14 SOURCES] The Second Circuit Court of Appeals revoked the conviction against Argentina in March 2026. opinionpropia.com.ar · www.villamercedes.info · combonoticias.com · www.versionrosario.com.ar · fmimpacto107.com.ar · +7 more
- [● 10 SOURCES] Burford Capital has filed a petition for certiorari with the U.S. Supreme Court to review the case. opinionpropia.com.ar · www.villamercedes.info · combonoticias.com · fmimpacto107.com.ar · aviones.com · +4 more
- [● 10 SOURCES] The Second Circuit Court of Appeals found that Argentine law prevents third parties from interfering in the expropriation process. combonoticias.com · www.versionrosario.com.ar · aviones.com · diariosanrafael.com.ar · www.elheraldo.com.ar · +5 more
- [● 11 SOURCES] The original amount claimed in the YPF litigation exceeded $16 billion. prensalibreonline.com.ar · www.villamercedes.info · www.versionrosario.com.ar · fmimpacto107.com.ar · canalc.com.ar · +6 more