Comments on: Argentina, Elliott, and the pari passu war http://blogs.reuters.com/felix-salmon/2012/04/10/argentina-elliott-and-the-pari-passu-war/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: myntra coupons http://blogs.reuters.com/felix-salmon/2012/04/10/argentina-elliott-and-the-pari-passu-war/comment-page-1/#comment-55945 Fri, 24 Oct 2014 05:57:38 +0000 http://blogs.reuters.com/felix-salmon/?p=13136#comment-55945 Astonish, this can be a nice part of blog post which has been unearth on much longer very long time. Implement definitely make a trip to my personal web pages.

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By: chris9059 http://blogs.reuters.com/felix-salmon/2012/04/10/argentina-elliott-and-the-pari-passu-war/comment-page-1/#comment-37871 Sat, 14 Apr 2012 01:03:29 +0000 http://blogs.reuters.com/felix-salmon/?p=13136#comment-37871 Griesa had a temper tantrum and simply ignored the law. Check the transcript and you se his own statements acknowledge that his ruling is very questionable. His ruling on the laches issue simply has no basis.

I can certainly understand the judge’s exasperation with Argentina. Nevertheless, this is no excuse for a federal judge to ignore the law.

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By: MrRFox http://blogs.reuters.com/felix-salmon/2012/04/10/argentina-elliott-and-the-pari-passu-war/comment-page-1/#comment-37781 Thu, 12 Apr 2012 03:37:28 +0000 http://blogs.reuters.com/felix-salmon/?p=13136#comment-37781 @SteveHamlin – It’s not a BK proceeding, but seems to be a restitution claim, one that asserts that “fraudulent transfers” in the form of improper preferences have been made. Agree that it’s a much higher mountain to climb to seize funds ring-fenced for other creditors, rather than unencumbered assets of the debtor – but maybe that’s all they had access to.

Seems almost impossible to believe the Argentine government doesn’t have other assets subject to US jurisdiction, as you suggest. It is very possible that “The Felix Salmon Frame of Mind” infects policy-makers as well as our blog-leader – the US government may be intervening to protect the Argentines and their assets.

And why not? Policy-makers everywhere are of an exalted class, and citizens anywhere are of a lower order. None of us is “muppet” enough to believe otherwise, are we?

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