A woman walks past a poster with pictures of Argentina’s president Cristina Fernandez de Kirchner and US  District Court for the Southern District of New York Judge Thomas Griesa, depicted as Uncle Sam, near the Argentine Congress in Buenos Aires. Photograph: Marcos Brindicci/Reuters

In a rare move, a US judge held Argentina in contempt, saying the country is taking “illegal” steps to evade his orders in a longstanding dispute with(...)

Paul Singer, billionaire founder and president of Elliott Management.   Photograph: Jacob Kepler/Bloomberg

The hedge fund firm of billionaire Paul E Singer has about 300 employees, yet it has managed to force Argentina, a nation of 41 million people, into a(...)

Despite the little time remaining, Argentina’s economy minister Axel Kicillof last week travelled to Brazil to a summit of emerging market nations. Photograph: Peter Foley/EPA

In Rebel Without a Cause, the anti-hero played by James Dean is challenged to a lethal game of chicken in which two cars must race towards a cliff. Th(...)

Carmine Boccuzzi (centre), a lawyer representing Argentina from Cleary Gottlieb Steen & Hamilton, leaves Manhattan federal court in New York. Photograph: Shannon Stapleton/Reuters

Argentina has threatened to default on its debt when the government called it “impossible” to pay bond service due on June 30th, citing a US court de(...)

Liquidator for IBRC Kieran Wallace (left).
Singer has his sights on long battle
  • Economy
  • September 19, 2013, 01:00

The emergence of Paul Singer’s Elliott Management as the force behind the latest attempt to stymie the winding up of IBRC will not have been greeted w(...)