US appeals court grants Argentina request to put YPF share turnover on hold-February 2024-www.financetom.com

US appeals court grants Argentina request to put YPF share turnover on hold

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US appeals court grants Argentina request to put YPF share turnover on hold

Aug 15, 2025 12:45 PM

NEW YORK, Aug 15 (Reuters) - A U.S. appeals court on

Friday granted Argentina's request to put on temporary hold a

judge's order that it turn over its 51% stake in oil and gas

company YPF to partially satisfy a $16.1 billion

judgment won by two investors.

The 2nd U.S. Circuit Court of Appeals in Manhattan stayed

U.S. District Judge Loretta Preska's June 30 turnover order

while Argentina appeals.

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