IMF an intervenor in hedge fund lawsuit against Argentina.
from Jubilee USA
WASHINGTON DC, July 19, 2013 — Any day, the US 2nd Circuit Court will rule between Argentina and hedge funds; the ruling will impact global poverty and poor country access to credit. Argentina preemptively filed an appeal with the US Supreme Court. Christine Lagarde, International Monetary Fund Managing Director, is requesting the Fund’s executive board file an amicus curiae brief to the US Supreme Court urging Argentina’s case be heard.