Business

US Court Overturns Landmark $16 Billion YPF Judgment Against Argentina

US Court Overturns Landmark $16 Billion YPF Judgment Against Argentina

A New York appeals court has overturned a $16.1 billion judgment against Argentina regarding the 2012 nationalization of YPF, marking a major victory for President Javier Milei. The decision provides critical relief to the Argentine economy as it seeks to overhaul state-owned enterprises.