The country’s defense team argued that following Loretta Preska’s order would violate ‘fundamental principles of U.S. and international law’

The Buenos Aires governor was the economy minister in 2012 when the Argentine state seized the oil and gas company

Republican Action for Argentina had argued for dismissal claiming the nationalized shares were obtained through corruption

The Republic Action for Argentina claimed in a letter to Judge Preska that part of the expropriated shares were previously acquired through corruption

Judge Preska called for information on the country’s coffers, which the government has contended is ‘confidential’

A government attorney argued the shares are immune from such orders because they are foreign sovereign property located abroad

The US Department of Justice called for Judge Loretta Preska to postpone a decision on Argentina forfeiting its shares in the oil and gas company

Loretta Preska is the same judge that ruled against the country in the YPF expropriation case

The financial firm had asked for the country’s equity stake as partial payment for the US$16.1 billion trial over the company’s expropriation