A $16 billion court fight is underway in the US over Argentina's alleged "alter egos". The case revolves around bonds issued by the Argentine government, which were sold on Wall Street. According to reports, the country has failed to make timely payments on these bonds, prompting a lawsuit from creditors. The dispute highlights the complexities of international finance and the challenges of resolving debt disputes.

Source: https://www.ft.com/content/6bae962c-6a54-4a31-a196-621fcd0a1fdf