{"id":603982,"date":"2023-09-16T09:35:51","date_gmt":"2023-09-16T04:05:51","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=603982"},"modified":"2023-09-16T09:59:57","modified_gmt":"2023-09-16T04:29:57","slug":"us-judge-orders-argentina-to-pay-16-bn-for-expropriation-of-ypf-oil-co","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/us-judge-orders-argentina-to-pay-16-bn-for-expropriation-of-ypf-oil-co\/","title":{"rendered":"US judge orders Argentina to pay $16 bn for expropriation of YPF oil co"},"content":{"rendered":"<p>A US judge ruled that Argentina must pay USD 16.1 billion to minority shareholders of state-controlled oil company YPF due to the government&#8217;s 2012 nationalization of a majority stake in the firm. <\/p>\n<p>US District Judge Loretta Preska in New York issued final judgment Friday detailing the dollar amount that the South American country would have to pay. <\/p>\n<p>Preska on Friday ordered Argentina to pay USD 14.38 billion to Petersen Energa, including USD 7.5 billion in damages and USD 6.85 billion in interest and USD 1.7 billion to Eton Capital, including USD 897.75 million in damages and USD 816.58 million in interest. Interest will continue to accrue if Argentina fails to pay, Preska said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A US judge ruled that Argentina must pay USD 16.1 billion to minority shareholders of state-controlled oil company YPF due to the government&#8217;s 2012 nationalization of a majority stake in the firm. US District Judge Loretta Preska in New York issued final judgment Friday detailing the dollar amount that the South American country would have to pay. Preska on Friday ordered Argentina to pay USD 14.38 billion to Petersen Energa, including USD 7.5 billion in damages and USD 6.85 billion in interest and USD 1.7 billion to Eton Capital, including USD 897.75 million in damages and USD 816.58 million in [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-603982","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/603982","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=603982"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/603982\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=603982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=603982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=603982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}