US Supreme Court Rejects Argentine Appeal Over Defaulted Debt

The U.S. Supreme Court has dealt Argentina a pair of defeats in its long-running attempt to avoid paying some debts from its 2001 default. The court Monday let stand a lower court ruling that Argentina cannot make payments on restructured debt unless it also repays investors who refused to accept terms of the refinancing offered by Buenos Aires. In addition, the court said investors could use the U.S. courts to pursue information about where Argentina owns property around the world....

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