
A U.S. Appeals court temporarily paused efforts by investors to identify Argentina’s assets in the United States in order to collect on a $16 billion judgment in a case about the 2012 nationalization of the South American country’s largest energy company.
Investors will not be able to move forward with the effort until appeals are resolved in the long-running case, in which U.S. District Judge Loretta Preska ordered Argentina to compensate investors for the seizure of a majority share in YPF Energy.