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US appeals court voids $16.1 billion judgment against Argentina over YPF seizure

A U.S. appeals court overturned a $16.1 billion judgment against Argentina for seizing YPF, ruling breach of contract claims failed under Argentine law. This decision is a significant victory for President Milei, potentially easing economic strain, while Burford Capital shares plunged 47% as it anticipates an appeal.

28 Mar 2026 6:47 am