October Term 2013 · Docket 12-842

Can U.S. courts compel foreign states to reveal global assets?

Argentina disputes a lower court order requiring it to disclose worldwide property to satisfy a debt.

Official caption
Republic of Argentina v. NML Capital Ltd.
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Official Transcript

Verified source milestones

  1. — An official oral-argument transcript was verified.

The arguments, in order

This case may have been argued more than once. Each entry below uses that session's official transcript. Later arguments do not erase earlier ones.

  1. Argument 1 ·

    What happened at the argument

    Argentina's counsel argued the lower court order targets immune property.

    Creditors' counsel referenced legislative reports to support their position.

    justice_questions

    Read the official transcript for this argument · Official argument details

    Sources used for this argument breakdown

A citizen's guide to the whole case

What this case is about

Argentina seeks to stop a broad asset search. Creditors demand full disclosure to collect a debt.

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How the case got here

The Supreme Court heard oral argument in this case on April 21, 2014.

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What each side wants

Argentina wants to limit the asset search to U.S. territory.

Creditors want a global search to find collectible assets.

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What each side says

Argentina argues the law protects foreign state property from broad process.

Creditors argue the law allows execution on property within the United States.

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What the justices asked

Justice Ginsburg asked if the law restricts discovery of exempt property.

Justice Scalia asked if a New York judgment reaches Florida assets.

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Why it matters

This case defines the scope of asset searches against foreign states. It determines how creditors collect debts from sovereign entities.

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What happens next

This article currently covers the argument record. Use the official docket link for later case activity.

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Official Court provenance

Official docket and case history · Official Supreme Court oral-argument detail page

Title and summary sources

Revision history

  1. Revision 1 · Official Transcript ·

    Correction: Rewritten to the concise citizen-facing editorial standard.

  2. Revision 2 · Official Transcript ·

    Correction: Migrated to the dated official Court activity contract without model use.

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