Thomas P. Griesa

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Thomas Griesa
Chief Judge of the United States District Court for the Southern District of New York
In office
1993–2000
Preceded by Charles Brieant
Succeeded by Michael Mukasey
Judge of the United States District Court for the Southern District of New York
In office
June 30, 1972 – March 13, 2000
Appointed by Richard Nixon
Preceded by Seat established
Succeeded by Laura Swain
Personal details
Born 1930 (age 83–84)
Kansas City, Missouri, U.S.
Alma mater Harvard University
Stanford University

Thomas Poole Griesa (born 1930 in Kansas City, MO) is a federal judge for the United States District Court for the Southern District of New York.

Born in Kansas City, Missouri, Griesa received a A.B. from Harvard University in 1952 and served in the U.S. Coast Guard from 1952 to 1954, thereafter receiving an LL.B. from Stanford Law School in 1958. He was an attorney with the Admiralty and Shipping Section of the U.S. Department of Justice from 1958 to 1960, and was then in private practice in New York City from 1960 to 1972.

He was nominated to the court by Richard M. Nixon on June 15, 1972, to a new seat created by 84 Stat. 294, confirmed by the United States Senate on June 28, 1972, and received his commission on June 30, 1972. He served as chief judge from 1993 to 2000 and assumed senior status on March 13, 2000.

In 1982, he blocked the permit for the construction of the WestWay, saying the road would harm striped bass. His order was affirmed by the U.S. Court of Appeals for the Second Circuit.[1]

"Vulture funds"/Holdouts and Argentina's debt[edit]

Judge Griesa is the sitting judge hearing a case regarding the Argentine debt restructuring. Following the Argentine economic crisis (1999–2002) and subsequent Debt Default, the Republic offered defaulted bondholders an exchange involving a loss for bondholders: approximately 90% accepted the Republic's offer, but a small minority did not exchange their bonds and "heldout" for full repayment. The largest holdout creditor, NML Capital, a vehicle of Elliot Capital management, controlled by Paul Singer is litigating for full repayment in Griesa's court.

[2][3]

In March 2013, Argentina offered a new plan that was judged unlikely to be acceptable to the New York court.[4] On August 23, 2013 the U.S. Court of Appeals for the Second Circuit affirmed the lower cout's verdict and dismissed said plan.[5]

References[edit]

  1. ^ "Sierra Club v. U.S. Army Corps of Engineers". Retrieved April 9, 2011. 
  2. ^ Benson, Drew (4 October 2012). "Bond Vigilantes’ Ghana Ambush Proves Default Hex Unbroken". Bloomberg Businessweek. 
  3. ^ Frankel, Alison (12 November 2012). "Judge to Argentina: If you defy bond rulings, you will suffer". Reuters. 
  4. ^ "Argentina offers to pay debts with cash & bonds."
  5. ^ UNITED STATES COURT OF APPEALS, FOR THE SECOND CIRCUIT (23 August 2013). "12-105(L) NML Capital, Ltd. v. Republic of Argentina". Clarin. Retrieved 23 August 2013. 

External links[edit]

Legal offices
New seat Judge of the United States District Court for the Southern District of New York
1972–2000
Succeeded by
Laura Swain
Preceded by
Charles Brieant
Chief Judge of the United States District Court for the Southern District of New York
1993–2000
Succeeded by
Michael Mukasey