Argentina argues in a filing made just before Friday's midnight New York deadline that its money is immune from U.S. judgments. It says it won't pay despite losing on appeal last month.
Instead, it wants the full appellate court to overturn a smaller panel of its own judges, arguing that trillions of dollars in debt issued by governments around the world is at stake.
Argentine President Cristina Fernandez has vowed never to pay billionaire Paul Singer's NML Capital Ltd.
NML said this week that Argentina owes it $1.45 billion.
Source: http://feeds.cbsnews.com/~r/cbsnews/feed/~3/UNiPWsJ53kA/
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