US Appellate Court Denies Argentina Full Rehearing

A U.S. appellate court has dashed Argentina’s hopes for a full rehearing of a judge’s ruling that it must pay $1.3 billion to the bond investors it calls “vulture funds.” Tuesday’s ruling denying a rehearing by the full U.S. Second Court of Appeals means Argentina’s ongoing appeal will be decided by the same three-judge panel that already mostly ruled against the South American government.