The United States Court of Appeals for the Second Circuit in New York rejected Burford Capital’s request to reconsider the ruling in the YPF expropriation case after Argentina secured a reversal of the US$16 billion judgment at the end of March.

Minutes after the decision became public, President Javier Milei reacted to the news: “Another victory for YPF in the New York courts,” he posted on X.

NUEVO ÉXITO EN LA JUSTICIA DE NEW YORK PARA YPF. https://t.co/5DCgDltF1p— Javier Milei (@JMilei) June 2, 2026

NUEVO ÉXITO EN LA JUSTICIA DE NEW YORK PARA YPF. https://t.co/5DCgDltF1p

The Argentine Treasury Attorney General’s Office, the agency that led the legal strategy, described the decision as “another endorsement of the legal strength of the position consistently maintained by the Argentine Republic.”

“This outcome represents another milestone in the defense of the interests of the national state and........

© Buenos Aires Herald