S&C Hosts Program on Argentine Debt Litigation in Conjunction with New York State Bar Association’s’ Global Law Week

May 16, 2013
New York, New York

On May 16, from 11:30 a.m. to 2 p.m., Sullivan & Cromwell hosted the program, “The Argentine Debt Litigation and Its Ramifications” as part of the Global Law Week series of programs put on by the International Section of the New York State Bar Association. Mr. Rosenberg was the program’s moderator, and Mr. Neuhaus participated as a panelist. The panel discussed litigation against Argentina, particularly in the Southern District of New York, which has generated a number of important decisions on critical issues involving construction of sovereign debt instruments, the utility of bond exchange offers and the ability of creditors to obtain payment when a foreign sovereign defaults. This program offered both experienced and inexperienced practitioners invaluable insight into the current litigation, its lessons for the future, and the manner in which the Foreign Sovereign Immunities Act can be used to prosecute or defend against claims involving foreign sovereigns and their instrumentalities.