Amid warnings that the Argentinian government was planning to evade a U.S. judge’s orders and freeze out distressed debt holders, an attorney for the South American nation assured a federal court Wednesday that the country was willing to negotiate.
Cleary Gottlieb partner Carmine Boccuzzi told Southern District Judge Thomas Griesa that defiant speeches made by Argentinian President Cristina Fernandez de Kirchner and another high minister in her government in the wake of two U.S. Supreme Court negative rulings against Argentina Monday should be no cause for alarm, and that lawyers for the country would be in New York next week to talk about settling the debt.
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