Argentina Must Turn Over Its 51% Stake in YPF, US Judge Rules

Bloomberg.com · last updated June 30, 2025 – 10:45 AM

A US judge on Monday ordered Argentina to turn over its controlling stake in the state-run oil company YPF SA as partial payment of a $16 billion court judgment against the Latin American country.

Burford Capital last year asked US District Judge Loretta Preska to award it the 51% stake in YPF currently held by Argentina’s federal and provincial governments. Preska is the judge who in 2023 issued the judgment that Burford is now trying to collect.

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