According to the court documents dated Feb. 25,
NML Capital, one of a small group of U.S. hedge funds suing
Argentina over unpaid debt stemming from its 2002 default,
served subpoenas on the banks seeking information on the
issuance of Bonar 24 bonds on Feb. 9.
Deutsche Bank and JPMorgan were ordered by U.S. District Judge
Thomas Griesa to "immediately produce to NML's counsel any and
all readily available documents responsive to the subpoenas ...
documents sufficient to describe the flow of funds with respect
to the Bonar 24s," the document showed.
(Reporting by Nate Raymond; Writing by Richard Lough; Editing by
Jeffrey Benkoe)
[© 2015 Thomson Reuters. All rights
reserved.] Copyright 2015 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
|