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BUGLIOTTI v. REPUBLIC OF ARGENTINA

Docket No. 19-379. August Term, 2019

952 F.3d 410 (2020)

Euclides Bartolome BUGLIOTTI, Maria Cristina De Biasi, Roxana Ines Rojas, As Executor Of The Estate Of Hugo Miguel Lauret, Plaintiffs-Appellants, v. REPUBLIC OF ARGENTINA, Defendant-Appellee.

United States Court of Appeals, Second Circuit.

Decided: March 17, 2020.

Attorney(s) appearing for the Case

Michael C. Spencer , Milberg Tadler Phillips Grossman, LLP, New York, NY, for Plaintiffs-Appellants.

Rahul Mukhi ( Carmine D. Boccuzzi, Jr. , on the brief), Cleary Gottlieb Steen & Hamilton LLP, New York, NY, for Defendant-Appellee.

Before: Katzmann, Chief Judge, Hall and Lynch, Circuit Judges.

Plaintiffs brought this action to recover unpaid principal amounts of defaulted Argentine sovereign debt. This Court has confronted a multitude of similar claims before; Plaintiffs' claim is unusual, however, because of their participation in an Argentine governmental program that resulted in Plaintiffs' bonds being held in trust for their...

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