Aug 26 2013 | 10:21am ET
For the second time, a U.S. appeals court has ordered Argentina to pay hedge fund holdouts from its defaulted debt restructuring in full—or default on the new bonds it issued to creditors who accepted that restructuring.
In a sweeping victory for the holdouts, led by Elliott Management, the U.S Second Circuit Court of Appeals in Manhattan rejected Argentina’s proposal to restructure the holdouts’ debt along lines similar to the deal they have already twice rejected.
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…