Tag Archives: Judge Griesa

Judge Griesa Conditionally Lifts Injunctions to Facilitate Settlement of Argentina Bond Litigation

In an opinion today in the long-running Argentina bond litigation, Judge Griesa ruled that, subject to certain conditions, he would lift injunctions requiring that Argentina pay all debt ratably, including so-called “holdout” bondholders (see our prior post here).  He did so because:  “Put simply, President Macri’s election changed everything.”  Specifically, Judge Griesa found that Argentina, unlike before, … Continue Reading

In Argentina Bond Litigation, Judge Griesa Grants Injunction to “Me Too” Plaintiffs

On Friday, as part of the long-running litigation against Argentina concerning its bond defaults, Judge Griesa granted injunctive relief to a series of follow-on (or “me too”) plaintiffs, along the same lines as the injunction entered for the lead plaintiffs in 2013.  The injunction requires Argentina to treat the bondholders equally, or parri passu, with other external … Continue Reading

Judge Griesa Reinstates Claims of Madoff Feeder Fund Investors After Recent Supreme Court Decision on SLUSA

In an opinon issued yesterday, Judge Griesa reinstated state law fraud claims of investors in so-called Madoff “feeder funds” that he had previously dismissed under the Securities Litigation Uniform Standards Act (SLUSA). SLUSA bars large class actions brought under state law that allege “a misrepresentation or omission of a material fact in connection with the … Continue Reading

Judge Griesa Declares Forthcoming Emma Thompson Film “Effie” Not Infringing of Play Based on Same Historical Events

Emma Thompson and her husband, Greg Wise, wrote a screenplay about the love triangle between John Ruskin – an influential art critic of the Victorian era – his teenage bride,  Euphemia (“Effie”)  Gray, and John Everett Millais, Ruskin’s protégé. That screenplay has since been turned into a movie – Effie – starring Thompson, Wise, Dakota Fanning, … Continue Reading