Debevoise Secures Second Circuit Affirmance of Dismissal of $16 billion Claim Against YPF S.A.
Debevoise & Plimpton LLP has secured affirmance from the U.S. Court of Appeals for the Second Circuit of its 2023 summary judgment win on behalf of YPF S.A., the largest energy producer in the Republic of Argentina – defeating claims for more than $16 billion in damages and interest. This is a landmark win for YPF, affirming the dismissal of a case that has been pending in S.D.N.Y since 2015. The Second Circuit fully affirmed the District Court’s holding that YPF did not owe the alleged contractual obligations to Petersen Energía Inversora, S.A.U. and Petersen Energía, S.A.U. or Eton Park Capital Management, L.P., Eton Park Master Fund, Ltd., and Eton Park Fund, L.P., and is not liable for the damages Plaintiffs – and their litigation funder, Burford Capital – had claimed.
Debevoise & Plimpton Releases Its Fall 2024 Private Equity Report
Debevoise & Plimpton LLP announced today the release of its Fall 2024 Private Equity Report.
Debevoise to Add SEC Veteran Kristin Snyder as White Collar Partner in San Francisco
Debevoise & Plimpton LLP announced today that Kristin Snyder will join the firm’s San Francisco office as a partner in the White Collar & Regulatory Defense Group on March 14. Ms. Snyder, who most recently served as Deputy Director of the Division of Examinations at the U.S. Securities & Exchange Commission (SEC), will focus on securities-related regulatory and enforcement matters, particularly for private investment firms and other asset managers.
