US appeals court grants Argentina request to put YPF share turnover on hold
15/08/2025 20:21
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 YPFDm.BA 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. (Reporting by Jonathan Stempel in New York; Editing by Leslie Adler) ((jon.stempel@thomsonreuters.com; +1 646 223 6317; Reuters Messaging: jon.stempel.thomsonreuters.com@reuters.net))