After the request of Argentina, a US judge suspended the trial by YPF

New York South District Judge Loretta Preska today ruled in favor of Argentina's request to suspend the start of the trial for the nationalization of YPF. .

Thus, after the request of the Argentine government and the oil company a few days ago, it will be necessary to wait for the US Supreme Court to rule on the jurisdiction of the case.

In this scenario, the US administration prepares a document to express its position on the request.

After the determination of Preska, who replaced Thomas Griesa, the definition should be postponed for a few months, or even until the last quarter of the year.

The case, which could be the subject of a claim of about 3,000 million dollars, was opened by the Burford fund after having acquired the rights to plead in the Spanish courts in the process of bankruptcy of Petersen Energía and Petersen Inversora.

Preska 's decision was taken after the Court of Appeals of the Second Circuit of New York dismissed the appeal filed by Argentina and the YPF at the end of the month of April. April to review the judgment that left a final judgment in this case.

The court upheld its decision of April 19 in which it was considered that Argentina violated the terms of the expropriation of the company. (N / A)