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The Debt ‘Trial of the Century’ – Vulture Hedge Funds v. Argentina
Rickard Ekstedt
Yesterday, February 27th, two holdout vulture funds, including Paul Singer’s NML Capital, were in a New York Federal court versus Argentina. The Financial Times has dubbed the proceeding the “‘the trial of the century’ in sovereign debt restructuring.” Eric leCompte, Jubilee USA Network's Executive Director observed the arguments. Jubilee USA held a vigil outside the courthouse for poor people that are affected by vulture funds.

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