US Judge Preska closes YPF nationalization case; paths remain via Supreme Court, ICSID

Judge Loretta Preska formally closed the US litigation over Argentina's 2012 YPF nationalization, an expected procedural step. Argentina now faces two avenues: a long-shot US Supreme Court appeal (which accepts ~1% of cases) and a multi-year ICSID arbitration. The case's conclusion remains uncertain, with potential financial exposure for Argentina.