Comments on: Don’t worry about an Elliott vs Argentina precedent http://blogs.reuters.com/felix-salmon/2013/01/11/dont-worry-about-an-elliott-vs-argentina-precedent/ A slice of lime in the soda Sat, 25 May 2013 16:48:33 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: Danielmontero http://blogs.reuters.com/felix-salmon/2013/01/11/dont-worry-about-an-elliott-vs-argentina-precedent/comment-page-1/#comment-45522 Danielmontero Fri, 11 Jan 2013 19:36:29 +0000 http://blogs.reuters.com/felix-salmon/?p=20145#comment-45522 Dear Felix did you think in study law?Then you must! so you read the Indenture and a Deal is a Deal and also read about Pare Passu. Now when you say "real bondholders, not the vultures holding defaulted debt" Sir the real bond houlders are the ones who have the original bonds (you do not have to be a lawyer to know that!) The Vultures are those who by at 5 to the original houlders) and then make the exchange at 30 For Example look how much quote the Ecuador (default) bonds in Germany=uss10, one month ago it was at 5. And the vultures you said are those people who buy at 100% of the price like the italians.. "There is a very real chance that Argentina could wind up in technical default"thats only because Argentine do not want to pay... "but it’s far from clear that the ruling is going to prove particularly important to any country that’s not called Argentina|"HAHAHA I think is going to be perfect against Ecuador Default 2008 Dear Felix did you think in study law?Then you must! so you read the Indenture and a Deal is a Deal and also read about Pare Passu.
Now when you say “real bondholders, not the vultures holding defaulted debt”
Sir the real bond houlders are the ones who have the original bonds (you do not have to be a lawyer to know that!)
The Vultures are those who by at 5 to the original houlders) and then make the exchange at 30 For Example look how much quote the Ecuador (default) bonds in Germany=uss10, one month ago it was at 5.
And the vultures you said are those people who buy at 100% of the price like the italians..

“There is a very real chance that Argentina could wind up in technical default”thats only because Argentine do not want to pay…

“but it’s far from clear that the ruling is going to prove particularly important to any country that’s not called Argentina|”HAHAHA I think is going to be perfect against Ecuador Default 2008

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