ghost
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- Mar 21, 2007
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You didn't show any thing. I give up!Ghost, i showed that your previous comments were wrong. This is your answer?
By the way:
You didn't show any thing. I give up!Ghost, i showed that your previous comments were wrong. This is your answer?
By the way:
I dont think that was because of something you did. Maybe because of what these people think the vultures did. But even if they are right or wrong for protesting this time, I think theres a bigger reason underlying, that is, the hate against north americans world wide. Its not something unique of Argentina, you know? I think there are lots of videos in youtube, "why do they hate us".
I think this hate against the US that of course has its characters in every city of the world, is the main reason of these protesters, even more than the fact if they are right or wrong to protest. Theres a history involving the US, so a little spark does the entire job for this people.
Slow day at the office:
The Republic hereby irrevocably and unconditionally waives, to the fullest extent
permitted by law, any objection which it may now or hereafter have to Related Proceedings
brought in a Specified Court in relation to Debt Securities of a Series governed by New York law
or a Specified Court in relation to Debt Securities of a Series governed by English law, as the
case may be, whether on the grounds of venue, residence or domicile or on the ground that the
Related Proceedings have been brought in an inconvenient forum.
http://www.bancasanmarco.it/uploads/media/Regolamentbbligazioni_-_2005.pdf
You didn't show any thing. I give up!
The Bond contracts from 2005 clearly state jurisdiction.You said Kirchner gave up jurisdiction, it was false, Menem did.
Remember?
You are breaking new legal ground (jurisdiction) and need to do do your patriotic duty and present evidence to the courts showing where Argentina did not waive jurisdiction. You will be a hero and certainly gain my respect: evidence please. Certainly hope you are correct for sure. Perhaps present some documentation to the forum where Argentina did not waive jurisdiction please and we can all get on your band wagon.You are not reading the full text, neither the important clauses.
The Bond contracts from 2005 clearly state jurisdiction.
Did anyone ever find the 8 billion or so USD that Nestor hid from the government to "protect" it from the government?
You are breaking new legal ground (jurisdiction) and need to do do your patriotic duty and present evidence to the courts showing where Argentina did not waive jurisdiction. You will be a hero and certainly gain my respect: evidence please. Certainly hope you are correct for sure. Perhaps present some documentation to the forum where Argentina did not waive jurisdiction please and we can all get on your band wagon.
Sergio, the big issue began with the bonds enacted on the Brady's plan.
One of the conditions in those bonds was to give up the jurisdiction with no limit.
Those bonds were enacted by Menem and Cavallo, not by Néstor Kirchner.
When Kichner enacted the restructured bonds, he put limits. He kept the foreign jurisdiction BUT the sentence cannot be enforce by a foreign Court. This is a basic concept of international públic law. If you read the news, Griesa insist on negotiations instead of enforcing a sentence.
Also, if you read properly, it says that the jurisdiction is the NYC federal Court and the Argentine Courts. It also stablishes that if there is a conflict between States (for the enforcement of a sentence) the jurisdiction is on the Hague Court.
Also, there are limits on what assets can be on embargo (almost none).
You can read this in the decree i quoted plus the conditions of the bonds somebody posted:
http://www.sec.gov/Archives/edgar/data/914021/000095012305000302/y04567e424b5.htm#113
http://infoleg.mecon.gov.ar/infolegInternet/anexos/105000-109999/105641/norma.htm
There is an article interesting there that says that the holdhouts are going to be on default indefinetly.
Ghost, i double check it and i think you are confused. The holdhouts didn't accept the bonds you are talking about.
They seems to have mainly Brady bonds.
http://www.bbc.co.uk/mundo/movil/noticias/2012/10/121022_argentina_barco_ghana_bonos_brady_vh.shtml
I think you have your head up your ass. A foreign court just ruled. Like it or not. Argentina is full of jerks that think you can play in the major leagues by continuous use of the "hand of God". Argentina sue BoNY, Argentina sues publishing company. F....cking losers. Case closed. Ignored. Bye ByeI think you should read better.