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This legal battle, claimed the Times, was "drawing again a curtain on Mr. Martínez's secretive environment" and "might have implications for other firms on the earth's speediest-increasing economies.
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These cash are trying to get to experience the benefits of Buenos Aires' enhanced payment ability – a results of the losses approved through the vast majority during the restructuring." Martínez termed it a "scandal" that Griesa was forcing this majority "to share the desire payments they recognized on their restructured bonds While using the minority that litigated," an arrangement which might doubly punish "people that contributed in favour of people that did not." Martínez concluded: "Not only is Mr Griesa's final decision unfair – it will even produce Modern society having to pay a price in the shape of a lot more protracted personal debt restructurings with significantly less specified outcomes."[ten]
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1Securities and also other non-deposit expense solutions aren't insured because of the FDIC; usually are not deposits or other obligations of, or guaranteed by, Comerica Bank or any of its affiliates; and so are topic to financial commitment risks, which includes doable lack of the principal invested. Earlier functionality is not really indicative of future final results.
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In this particular institutional financial solutions Spanish title, the primary or paternal surname is Martínez and the next or maternal household title is Guzmán.