Vulture funds fighting Argentina have suffered their second setback in a matter of weeks when the Second US Court of Appeals in New York overturned an August 2014 ruling of Judge Thomas Griesa, who ordered that a payment of US$539 million made by Argentina be frozen. The debt was destined to 93% of the country’s creditors that had agreed to the debt restructuring, but Griesa ordered that it should go to 7% of the creditors, the vulture funds, that have been trying to put Argentina’s economy and debt restructuring process in jeopardy for almost ten years. Leo Poblete reports from Buenos Aires for teleSUR.
