U.S. District Judge Loretta Preska (S.D.N.Y.) rules in favor of the turnover of Argentina's interest in YPF, Bloomberg reports

U.S. District Judge Loretta Preska (S.D.N.Y.) has ruled in favor of the turnover of Argentina's interest in YPF to the Petersen and Eton Park plaintiffs. Bloomberg reports on this news, stating: "Now, it’s becoming increasingly difficult for [President Milei] to avoid the elephant in the room: a $16 billion court judgment against Argentina that his government can neither afford to settle nor duck for much longer."