The attached working document was originally distributed as usual by CEFID-AR when it was published in its original Spanish language version. However now, due to the refusal by the US courts of the injunction (“stay”) requested by Argentina, we have decided to reinforce the distribution of this work "Vulture Funds. The trial against Argentina and the difficulties it represents towards the global economy " with an English version.
The authors make a comprehensive review on the subject, the evolution of the trial against Argentina and the significant negative worldwide consequences associated to the verdict. Also, this essay seeks to illuminate about the harmful role that these actors represent for the global financial system, and the detrimental and arbitrary performance of American courts in litigations initiated by vulture funds towards the interests and needs of peripheral countries .
Centro de Economía y Finanzas para el Desarrollo de la Argentina
San Martín 627, 6º piso
Buenos Aires, Argentina