BONDHOLDERS WILL CONTINUE TO PURSUE ARGENTINA’S BANCO DE LA NACIóN

by RitaZhao on April 27, 2011

in Diaz Reus News

Latin Lawyer, March 31, 2011

The lawyers for a group of holders of defaulted Argentine debt have said that they will continue to pursue Banco de la Nación (BNA), just days after a US district court dismissed a case against Argentina and the bank.

"While we continue to believe that there is more than enough evidence in the record to establish our claim that BNA is in fact Argentina’s alter ego, we understand the court’s ruling in this matter," said the plaintiff’s counsel Carlos Gonzalez, from Diaz Reus & Targ LLP. 

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