District Court, S.D. New York March 28, 2012, Nos. 03 Civ. 2507(TPG), 07 Civ. 2715(TPG), 07 Civ. 11327(TPG), 07 Civ. 2693(TPG), 09 Civ. 8757(TPG), 09 Civ. 10620(TPG), 10 Civ. 1602(TPG), 10 Civ. 3507(TPG), 10 Civ. 3970(TPG), 10 Civ. 4101(TPG), 10 Civ. 4782(TPG), 10 Civ. 8339(TPG) (EM Ltd. v. Republic of Argentina)

OPINION

THOMAS P. GRIESA, District Judge.

Plaintiffs Aurelius Capital Partners, LP, Aurelius Capital Master, Ltd., ACP Master, Ltd., Aurelius Opportunities Fund II, LLC, and Blue Angel Capital I LLC (collectively, “Aurelius”), and EM Ltd. (“EM”) own beneficial interests in defaulted bonds issued by defendant, the Republic of Argentina (the “Republic”).