Abgeschickt von rolf (analyse) (span) am 16 Februar, 2004 um 13:02:46
mein spanisch ist leider zu schlecht !
aber könte es nicht so sein, dass macrotec 11 mio usd hat pfänden lassen, die in den usa belegen sind und zur zahlung von schulden der argentinischen post an den argentinischen staat gedacht sind.....
das würde ja bedeuten, dass wir zum beispiel steuerforderungen des argentnischen staates an exportunternehmen (wein aus menodza // rindfleisch aus ganz arg // soja-bohnen-exporte nach china und und und...) pfänden können......
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LUNES | 16 de febrero de 2004
Las consecuencias del default
Siguen los embargos en los EE.UU.
El juez de Nueva York, Thomas Griesa, avaló el pedido del Fondo Macrotecnic para embargar u$s11 M que tiene el Correo Argentino en los Estados Unidos, porque la ex empresa de Macri es deudora del Estado nacional. Esta semana se apelarán las inhibiciones decretadas contra residencias y oficinas diplomáticas en Washington y Maryland
El Gobierno argentino presentará en los próximos días pruebas para apelar formalmente las inhibiciones decretadas contra residencias, representaciones y oficinas diplomáticas ubicadas en Washington y en los suburbios del vecino estado de Maryland.
El estudio de abogados de Nueva York que representa a la Argentina, Cleary, Gottlieb, Steen & Hamilton, reunió una serie de evidencias que, espera, serán suficientes para convencer a los dos jueces que dictaminaron las inhibiciones de que todos los edificios están protegidos por la inmunidad diplomática.
De hecho se espera que en casi todos los casos los jueces fallarán a favor de la Argentina.
Pero, podrían surgir problemas con la Agregaduría Naval, que funciona en una casa situada en la calle 7 y la Avenida Pennsylvania, que tiene tres pisos. Dos de los pisos están alquilados: uno al Riggs Bank y el otro a un estudio de abogados. Es decir, se trata de un edificio que no está protegido en su totalidad por la inmunidad ya que en él también se desarrolla un actividad comercial.
Lo mismo sucede con dos de los galpones que fueron inhibidos en Maryland. Podrían ser considerados comerciales.
La presentación ante los jueces de esta semana llevará la firma del embajador José Octavio Bordón y, según una fuente del Gobierno, podría incluir una nota del Departamento de Estado que testifique la condición diplomática de los edificios.
De hecho, en cuanto los jueces declararon las inhibiciones, la Cancillería envió una nota de protesta al Departamento de Estado por el error cometido por la Justicia norteamericana.
Argentina sostiene que las inhibiciones violan tanto el derecho internacional —léase la Convención de Viena— como la Ley de Inmunidades de Estados Extranjeros de los Estados Unidos (Foreign Sovereign Immunities Act), que específicamente protege esa clase de propiedad.
La Cancillería tiene pensado pedirle al Departamento de Estado una intervención más importante, sólo si las apelaciones no prosperan y se debe pasar a una segunda instancia judicial.
A todo esto, el juez de Nueva York avaló el pedido de embargar 11 millones de dólares que tiene en los Estados Unidos el Correo Argentino, por ser deudora del Estado argentino.
El fondo que solicitó la medida es Macrotecnic, que tiene bonos argentinos en default por u$s400.000.
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Abgeschickt von s0 am 16 Februar, 2004 um 18:30:21:
U.S Judge Freezes $11 Mln in Macri's Accounts, Cronista Says
By Eliana Raszewski
Feb. 16 (Bloomberg) -- A U.S. judge froze $11 million in
bank accounts of Argentina's Grupo Macri as possible compensation
for holders of defaulted Argentine bonds, newspaper El Cronista
reported without saying where it obtained the information.
U.S. District Judge Thomas Griesa said he ordered the freeze
because the money, on deposit at BNP Paribas SA and Lehman
Brothers Inc. in New York is owed to the Argentine government,
the newspaper reported. Grupo Macri ran the national postal
service until November, when the government took it back, the
paper said.
Griesa issued the order for Macrotecnic, a firm that holds
$400,000 in defaulted bonds, Cronista said. Argentina defaulted
on $95 billion in bonds in late 2001. A Maryland state judge last
week put a freeze on four military warehouses owned by Argentina
in a lawsuit by an investment fund with Argentine defaulted
bonds.
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Abgeschickt von rolf (analyse) (eng) am 16 Februar, 2004 um 19:57:18
U.S. judge freezes assets of Correo Argentino
Mon February 16, 2004 12:01 PM ET
NEW YORK, Feb 16 (Reuters) - A U.S. court has frozen the assets of Correo Argentino S.A., a mail delivery company that owes money to the Argentine government, in an action initiated by an investor trying to recoup money lost in the country's 2002 bond default, a lawyer in the case said.
"We asked the judge to hold money in the New York accounts of Correo Argentino until it is determined to whom those funds belong," said Guillermo Gleizer, lawyer for Macrotecnic International, an Uruguayan company that holds $550,000 in defaulted Argentine bonds.
U.S. District Judge Thomas Griesa on Friday issued an order freezing the assets of Correo Argentino, Gleizer said. The court was closed on Monday for the U.S. Presidents Day holiday.
Griesa will hold a conference Tuesday at 4:30 p.m. to determine whether Macrotecnic has a right to seize the assets.
More holders of Argentine bonds are trying to seize assets after the country offered to repay only 25 percent of the $88 billion in debt it defaulted on in January 2002. Bondholders want at least 65 cents on the dollar.
This is the third time a U.S. court has ordered the freeze of Argentine assets on behalf of bond holders. Last week U.S. courts froze Argentine state properties in Washington DC and Maryland.
Investors hope the rulings will pressure Argentina into softening its stance on the debt restructuring.
Argentina has said it will appeal these cases.
Gleizer said he does not know how much money is in Correo Argentino's accounts but Argentine media said it totaled $11 million.
Argentina claims that Correo Argentino owes the government $220 million.
Correo Argentino was owned by Argentina's Macri Group until the government in November stripped it of the country's indebted concession. The postal office had filed for bankruptcy protection after failing to pay state concession fees and running up heavy debts.
© Reuters 2004. All Rights Reserved.
http://www.b-wiebel.de/forum/messages/32098.html
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Abgeschickt von rolf (analyse) (eng) am 18 Februar, 2004 um 14:24:01
U.S. Judge Seeks Proof Justifying Freeze of Argentine Accounts
Feb. 17 (Bloomberg) -- A U.S. judge demanded more proof justifying his Feb. 13 order temporarily freezing the assets of a bankrupt Argentina postal delivery company that bondholder lawyers say owes the republic $100 million.
U.S. District Judge Thomas Griesa in New York federal court temporarily froze the accounts of bankrupt Correos Argentinos SA as possible compensation for holders of defaulted Argentine bonds. Lawyers for bondholders said the company is controlled by Argentina and owes the nation $100 million. The accounts currently hold $11 million, they said.
In trying to justify the freeze in court today, Guillermo A. Gleizer, who represents bondholder Macrotecnic Corp., read from a document from the Argentina Ministry of Planning dated Feb. 12 that refers to ``all assets by the Correos Argentinos SA concession holder, all real estate, assets etcetera are incorporated in their totality to the national state.''
Correos was employed by Argentina to deliver mail until it went bankrupt, Gleizer said. The frozen accounts are at BNP Paribas SA and Lehman Brothers Inc., Griesa said. His decision to require legal arguments on the temporary restraining order leaves the company's funds frozen.
Bondholder Macrotecnic, which holds $400,000 in defaulted bonds, was granted summary judgment last April in its suit against Argentina and has been trying to obtain assets to satisfy the court ruling.
Jonathan Blackman, lawyer for Argentina, said the court shouldn't freeze the accounts because they ``don't belong to the Republic of Argentina,'' but instead belong to the company.
Argentina defaulted on $95 billion in bonds in late 2001. A Maryland state judge last week put a freeze on four military warehouses owned by Argentina in a lawsuit by an investment fund with Argentine defaulted bonds.
The case is Macrotecnic Corp. v. Argentina Republic, 02-cv- 5932, in U.S. District Court for the Southern District of New York.
To contact the editor of this story:
Paul Hendrie in New York phendrie@bloomberg.net.
Last Updated: February 17, 2004 19:23 EST
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Abgeschickt von rolf (analyse) (eng) am 06 Maerz, 2004 um 14:57:32
UPDATE 2-Argentine bondholders score double court victory
Fri 5 March, 2004 22:27
(Adds quotes, details starting paragraph 5, byline)
By Greg Brosnan
NEW YORK, March 5 (Reuters) - Holders of defaulted Argentine bonds scored a double victory on Friday when a U.S. judge ruled another 44 bondholders had a right to be paid back and upheld a freeze on $11 million of assets that creditors say belong to Argentina.
U.S. District Judge Thomas Griesa in New York ruled Argentina owed money to the creditors, who lost money in the country's $88 billion debt default in early 2002, a move that could allow them to try to recoup their cash by seizing Argentine government assets in the United States.
Joel Chernov, a lawyer for the mostly small-scale retail bondholders from Latin America and Europe who are among scores of creditors who have already won such judgments through different law firms, called the ruling an "outright victory."
Griesa also upheld a freeze granted to an Uruguayan company holding $555,000 in defaulted bonds on $11 million held in New York bank accounts by bankrupt mail delivery company Correo Argentino, assets of which bondholders say now belong to Argentina.
The Argentine government revoked Correo Argentino's contract to provide mail services, saying it did not fulfill contract obligations. The company's lawyer, Silvia Bolatti, on Friday told the court it was appealing that decision.
Bolatti and Argentina's lawyer Jonathan Blackman argued that the money in Correo Argentino's Lehman Brothers Holding Inc. LEH.N and BNP Paribas BNPP.PA accounts did not belong to the government and therefore could not be seized.
But Guillermo Gleizer, lawyer for Macrotecnic, the Uruguayan company, said the government had taken $4.7 million from the accounts prior to the freeze to pay Argentine postal workers and intended to draw on the funds again.
"I will not release the funds until I have some security or some assurance that if that happens those funds will be returned," said Griesa.
An Argentine economy ministry spokesman said Griesa wants Argentina to put up a financial guarantee before releasing Correo Argentino's assets as a form of insurance against the possibility the money will eventually be paid to the state.
With mixed results, holders of Argentine bonds are trying to seize assets through U.S. courts after the country offered to pay creditors 25 cents on the dollar on its defaulted debt. Creditors want at least 65 cents on the dollar.
An investor who tried to seize the Washington home of Argentina's ambassador to the United States backed off last month after Judge Griesa said only commercial property may be eligible for seizure.
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