Argentina asked a U.S. judge to separately consider a group of eight class actions filed by holders of the country’s defaulted debt from another set of cases including claims by hedge funds, Bloomberg News reported yesterday. Carmine Boccuzzi, a lawyer for Argentina, asked U.S. District Judge Thomas Griesa yesterday to reject a request by lawyers for the investor classes to consider their cases along with dozens of what are known in the bond dispute as me-too cases. Those include lawsuits by hedge funds that bought the debt at a discount after Argentina’s 2001 default. Both groups of investors are seeking the benefit of Judge Griesa’s rulings blocking Argentina from paying holders of its restructured debt until it pays $1.7 billion owed to a group led by Paul Singer’s NML Capital.
