YPF Share Turnover ‘Not Doable’ in Burford Case: Milei Adviser

Argentina would be unable to comply with a US judge’s order to turn over its 51% stake in energy company YPF if an appeals court upholds the decision, Guillermo Francos, President Javier Milei’s cabinet chief, told Radio Mitre.

• Francos used the Spanish word incumplible, which roughly translates to “not doable”
• NOTE: Burford Capital is financing the lawsuit by former YPF shareholders against Argentina over its 2012 nationalization of the company
• NOTE: Argentina Says It Won’t Negotiate With Burford Over YPF Shares
• NOTE: US Backs Argentina’s Bid to Temporarily Block YPF Handover
• NOTE: US Judge Extends Argentina’s YPF ...