U.S. judge says Argentina has had enough time to pledge assets toward $16.1 bln judgment

A U.S. judge said on Thursday that Argentina has had a "reasonable period of time" to pledge assets to help support a $16.1 billion judgment against the country.

The ruling by U.S. District Judge Loretta Preska in Manhattan had been sought by the litigation funder Burford Capital, which had sought the right to seize assets as a result of the Sept. 15, 2023 judgment.