The United States Court of Appeals for the Second Circuit in New York rejected Burford Capital’s request to reconsider the ruling in the YPF expropriation case after Argentina secured a reversal of the US$16 billion judgment at the end of March.
Minutes after the decision became public, President Javier Milei reacted to the news: “Another victory for YPF in the New York courts,” he posted on X.
The Argentine Treasury Attorney General’s Office, the agency that led the legal strategy, described the decision as “another endorsement of the legal strength of the position consistently maintained by the Argentine Republic.”
“This outcome represents another milestone in the defense of the interests of the National State and underscores the importance of maintaining an international legal policy grounded in technical rigor, institutional coordination, and the sovereign defense of the public interest,” the agency added.
YPF President Horacio Marín also welcomed the decision.
