PyRoss
51 posts


🔴Ecuador, Chile, Uruguay, Italia, Ucrania y Rumania se han presentado para apoyar a la Rep. Argentina en su defensa para evitar que la Corte de Apelaciones ratifique el fallo de la Juez Loretta Preska que obliga al país entregar las acciones de YPF a los beneficiarios del fallo.
🔴 Ecuador, Chile, Uruguay, Italy, Ukraine, and Romania have filed in support of the Republic of Argentina’s defense, seeking to prevent the Court of Appeals from upholding Judge Loretta Preska’s ruling that compels the country to turn over its YPF shares to the judgment creditors.
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@SebastianMaril Preska appears to grant all the stays requested by Argentina, even though it’s clear it is mostly a delay tactic. Do you think this will happen this time too? If so, why?
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PyRoss retweetledi

This is not a review of the #LoanCharge. Which is what was promised. It actually supports the Loan Charge & tinkers with how people will pay.
Nor will it resolve the situation for anyone, including the Treasury & HMRC.
Nor will it prevent suicides. Shameful.
#LoanChargeScandal

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@SebastianMaril How much money have Argentina’s lawyers made on this? They must be laughing at having found a client who’s willing to try every little trick to kick the can down the road, oblivious to the huge interests accumulating in the meantime.
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🔴Beneficiarios del fallo YPF, en respuesta a la carta enviada por el Gobierno el lunes a la Juez Preska, acusan a la República Argentina de "transformar" una orden de embargo en su contra en "algo" a favor del país para evitar que la magistrada neoyorquina ordene el traspaso de la titularidad de las acciones de YPF en manos del Estado.
🔴YPF judgment creditors, in response to the letter sent by the government on Monday to Judge Preska, accuse the Republic of Argentina of “transforming” an attachment order against it into “something” in its favor to prevent the New York judge from ordering the transfer of ownership of YPF shares held by the State.

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@SebastianMaril Agreed. And it’s the right approach. It’s fair to assume Burford have been looking for an amicable resolution for years now.
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@FluentInFinance It depends on a) where you live and b) on your lifestyle.
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Not sure how much I'll keep using in the end, but if you'd like another way of following me online, I'm on Mastodon now too: @olemoritz" target="_blank" rel="nofollow noopener">mastodon.social/@olemoritz
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@MartinSLewis do you think the LoanCharge review was truly independent?
Ministry of Fairness@FairMinistry
Coincidences. 1. Amyas Morse was chosen to run the #LoanCharge independent review 2. Amyas Morse appeared to have a track record of talking about the findings of his reviews before their conclusion 3. HMRC+HMT got access to LC report recommendations 1 month before its publication
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Does this feel like an “independent” review? @DanNeidle
Ministry of Fairness@FairMinistry
New FOI evidence: HMT & HMRC received a provisional list of recommendations from the Loan Charge Review MORE THAN A MONTH before the publication of the report! (and at least 3 weeks before the official "early sight") @LCAG_2019 @loanchargeAPPG
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@christopherhope @Jesse_Norman @AndrewGimson @ConHome Did he write this himself? Because there is no mention of the retrospective legislation he brought in, which is so bad it has pushed 10 people to suicide.
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This is an excellent profile of @Jesse_Norman by @AndrewGimson:
Profile: Jesse Norman, lecturer, biographer, All Souls Fellow, novelist, trumpeter – and Minister yet to make the Cabinet.
conservativehome.com/2023/06/30/pro… via @conhome
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@DanNeidle @nobigfish @Nervous_72 @AbusedCustomer @carolvorders But you don’t go to the dentist to become taller, do you? Your metaphor breaks there. By the way most people paid around 20% for the setup recommended by their accountant so the idea they would pay nothing is not right.
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@PyRoss9 @nobigfish @Nervous_72 @AbusedCustomer @carolvorders If the dentist says the medicine will make me six inches taller, I won’t believe him. Extraordinary claims require extraordinary evidence. The idea you can escape almost all tax on your income is, for most normal people, extraordinary.
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@DanNeidle @nobigfish @Nervous_72 @AbusedCustomer @carolvorders If your dentist gives you a medicine for a gum disease you have, and tells you there is ample evidence it works and that nobody has ever had problems using it, do you ask for the papers and research that proves that, or you simply trust them?
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@nobigfish @Nervous_72 @AbusedCustomer @carolvorders I am keen to see copies of any QC opinions, but it seems that people mostly just did the schemes on the assurance there was an opinion
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@SebastianMaril @DonaldPond6 No problems, I should have spotted it myself 😅 Back to the case, I bet Preska will accept Argentina request. I have the impression she wants to avoid any possible recrimination and wants a whiter-than-white judgement.
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@PyRoss9 @DonaldPond6 It was 1:00 a.m. when the filing occurred. I always meant both dates to be 2023. 😉
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Interesante situación: Un equipo de una ciudad conocida por sus playas (Miami) y otro, ubicado en medio del desierto (Las Vegas), se enfrentan en la final de la liga de Hockey sobre Hielo de la NHL. nhl.com/news/golden-kn…
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@SebastianMaril Obviously Argentina’s counsel have a vested interest in prolonging and delaying this judgement, but this is now becoming a farce.
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