The Argentine Procuracy of the Treasury has requested the United States Justice system to immediately suspend the "discovery" process in the context of the lawsuit over the expropriation of the oil company YPF. This body, led by newly appointed Prosecutor Sebastián Amerio, filed an emergency motion with the Second Circuit Court of Appeals in New York to suspend the document production and disclosure phase (Discovery), as well as the sanctions application and evidentiary hearing scheduled for April 21-23 of this year. According to Noticias Argentinas agency, Argentine lawyers detailed in a filing the justification for the suspension, based on the "solid grounds" that exist to reverse the appealed decision. Among the reasons cited are the "incorrect application of Argentine law" and "forum non conveniens." They also warn that the continuation of the discovery process "causes irreparable harm to national sovereignty," potentially impacting the "necessary predictability for the normal development of its financial relations." It was also highlighted that the public interest advises "avoiding impacts on foreign relations" and "possible procedural inefficiencies" if the final decision renders the controversies related to enforcement "abstract." "It should be noted that Argentina has fully complied with the orders issued in the process, producing over 117,500 pages of documentation and facilitating approximately 37 hours of testimony from seven high-ranking officials," it was stated. The delivery of over 800 additional pages and 86 voice notes was also highlighted. However, the plaintiffs requested that the country be declared "in contempt" and that sanctions be imposed, which Argentina considered "unfounded and disproportionate." In another section of the filing, the support received by the country from the U.S. Department of Justice was mentioned, which filed a document in Argentina's favor before Judge Loretta Preska in New York. U.S. Asks Not to Find Argentina in Contempt in YPF Case. At the end, the Procuracy stated that it will continue to exercise all legal actions and recourse to "safeguard the full validity of the National Constitution and the principles of public international law." "A firm and consistent defense of the national interest and its sovereignty will be maintained against any measure that considers contrary to the Argentine legal order and the fundamental norms that govern relations between states," it was added.
Argentina Asks US to Suspend YPF Lawsuit Process
Argentina's Treasury Prosecutor's Office has asked a U.S. court to immediately halt the 'discovery' process in the YPF expropriation lawsuit, arguing it harms national sovereignty. Argentina states it has fully met all court requirements, providing over 117,500 pages of documents and testimony from seven high-ranking officials. The country considers the sanctions sought by plaintiffs to be unfounded.