Back in the lawsuit by YPF would cost the state 3 billion dollars



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The Petersen case added a new setback to Argentina with Trump's presentation. According to published Online Policy, the experts believe that "given the peculiarities of the case and the bad local experience of the District Court South New York, it is most likely an unfavorable final judgment".

In this sense, the state should pay about $ 3,000 million to the vulture fund Burford Capital, which holds the Petersen group's rights to sue in this case.

In the Commercial Chronicler they state that an unfavorable decision could involve a disbursement of half of YPF's stock market value on the New York Stock Exchange, which closed yesterday at $ 6005 million. And for that, it would require a new debt order or an adjustment of expenses.

After Donald Trump's government statement, official sources told the news agency Telam "It only remains to wait for the pronouncement of the Court" although they admitted that the brief presented "is negative" for the country's strategy.

Earlier this month, Loretta Preska, trial judge of the Southern District of New York, ruled in favor of Argentina's request to suspend the Petersen and Eaton Park Capital case lawsuits, for the nationalization of YPF. However, this new scenario could return the case to the court of law.

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Trump lost a little money to Argentina when he talked about the cause of the nationalization of YPF

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