NML Capital, Ltd. v. The Republic of Argentina, No. 1:2005cv02434 - Document 164 (S.D.N.Y. 2009)

Court Description: OPINION #97250: Plaintiffs' motion for summary judgment is granted in part and denied in part. Plaintiffs are entitled to receive contractual interest at the rate calculated according to the FRANs, which is approved by the court as described above. However, there is no entitlement to receive statutory interest on unpaid contract interest accruing after acceleration. SO ORDERED. (Signed by Judge Thomas P. Griesa on 3/18/2009) (tve) Modified on 3/23/2009 (mro).