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Published on 8/17/2007 in the Prospect News Distressed Debt Daily and Prospect News Emerging Markets Daily.

Banco Hipotecario takes APE denial appeal to Argentine Supreme Court of Justice

By Caroline Salls

Pittsburgh, Aug. 17 - Banco Hipotecario SA has taken its appeal of the denial of its Acuerdo Preventivo Extrajudicial to the Argentine Supreme Court of Justice, according to a company news release.

Approval of the Buenos Aires-based commercial and investment bank's APE was denied in January 2004, and Banco Hipotecario originally appealed the denial in the national appellate court.


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