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Argentina urges court to end deposit freeze in US
Reuters
August 25, 2010
By Jonathan Stempel
Argentina urged a U.S. appeals court on Wednesday to throw out a lower court judge's freeze on $100 million of central bank deposits to satisfy claims by two U.S. investment funds arising from the country's massive 2002 debt default.
"We can't allow our emotions, or in this case the district judge's unhappiness about unpaid judgments, to change the law," said Jonathan Blackman, a lawyer representing Argentina, during oral argument before the U.S. Second Circuit Court of Appeals in New York.
For the full text of the article, visit http://www.reuters.com/article/idUSN2514862320100825
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