Argentina Triumphs in US Court: YPF Expropriation Ruling Overturned on Appeal
ByAinvest
Friday, Mar 27, 2026 10:42 am ET1min read
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Argentina has successfully appealed a US court decision related to the expropriation of YPF SA in 2012. A federal appeals court in Manhattan overturned a $16.1bn judgment in favor of former shareholders who claimed to have been harmed by the nationalization of the Argentine oil company. The decision is a significant victory for President Javier Milei's government. Burford Capital Ltd., a litigation funder that backed the lawsuit, saw its shares plunge after the ruling.
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