Judge Preska has formally closed the case concerning YPF, following a decision by the Appeals Chamber in March. This decision reversed a prior ruling that required Argentina to pay USD 16 billion to the funds that had sued the state over the 2012 expropriation of the oil company. The closure is an administrative step necessitated by the Appeals Chamber's reversal. Now, the matter will be decided by Argentina’s Supreme Court, specifically regarding a request made by Burford. The case revolves around the 2012 expropriation of the oil company YPF. The Supreme Court's decision will ultimately determine the financial outcome for Argentina regarding the claims made by the investment funds.