The two-story postwar building with capiz windows is a holdout
in a high-rise and glass-windows neighborhood.
would only have to buy a fraction of
On counts one and three, the two holdouts
were "not moving, no matter what" the juror said.
For starters, while it is not possible to measure precisely the economic and social costs of dealing with the holdouts
, it is safe to say that they were substantial.
One of the other holdouts
, Sean Anderson, said on the broadcast at 9:20 p.m.
(29) The majority of the debt left in flux was that owed to the holdouts
that had turned down the opportunity to participate in the bond exchange in hopes of forcing Argentina to repay on terms more favorable to creditors.
The other holdout
counties as of July 7 were Dallam and Roberts counties in the Panhandle; Irion, Hartley and Loving counties in West Texas; and Hamilton County, located between Austin and Fort Worth.
These so-called "holdouts
," labeled as the buitres, or vultures, in Argentine media, are led by NML Capital and venture capitalist Paul Singer, using courts in the United States and elsewhere to chase this outstanding debt, seizing Argentine assets wherever they may be, even a naval ship at port in Ghana.
District Judge Thomas Griesa prevents Argentina from paying its restructured bondholders until the hedge funds, also known as the holdout
creditors, are compensated.
As the clock ticked toward a midnight (0400 GMT) deadline, Economy Minister Axel Kicill of stuck firmly to the government line, repeatedly denigrating the holdouts
as "vultures" after two days of intense negotiations.
The standoff figured prominently at the Mercosur bloc's meeting in Caracas on Tuesday, with heads of state castigating the holdouts
as speculators menacing the entire region.