E6RZNMLM Motion
1 THE LAW CLERK: All rise. You may be seated.
2 In the case of NML Capital versus the Republic of
3 Argentina.
4 THE COURT: Good morning, everybody.
5 I think the best thing to do is to start with Mr.
6 Cohen and see what you want to say about what's happening, the
7 status.
8 I would ask everybody who speaks to go to the lectern.
9 We don't pick things up too well at the microphones at the
10 tables.
11 MR. COHEN: Good morning, your Honor, Robert Cohen
12 from Dechert for plaintiff NML Capital.
13 THE COURT: Okay, go ahead.
14 MR. COHEN: Yesterday Argentina defiantly and
15 contemptuously violated your Honor's orders by making a payment
16 of more than $800 million on exchange bonds without paying NML
17 or the other plaintiffs here today what they are owed, and
18 without certifying to the Court, to the plaintiff's counsel and
19 to others, that they had made the payment to NML and others.
20 THE COURT: When you say "made the payment" --
21 MR. COHEN: Yes, your Honor.
22 THE COURT: -- how far did that get?
23 MR. COHEN: Argentina believes they have done
24 everything that was in their power to make the payment. They
25 remitted at least $500 million to Bank of New York Mellon. We
SOUTHERN DISTRICT REPORTERS, P.C.
(212) 805-0300
http://www.shearman.com/~/media/Files/Services/Argentine-Sovereign-Debt/2014/Arg92-NML-Hng-06-27-14--E6RZNMLM-pdf.pdf
Keine Kommentare:
Kommentar veröffentlichen