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Jubilee USA Network, a religious anti-poverty coalition, along with 78 other religious and development groups filed with the US Supreme Court in the case between Argentina and NML Capital. The Amicus Curiae brief takes the side of Argentina because the precedent of the case impacts predatory behavior on vulnerable populations. The friend-of-the-court brief argues that the case will have a detrimental impact on the poor, undo bipartisan United States debt policy and cause global financial instability. Filers joining Jubilee USA include: American Jewish World Service, Church World Service, Action Aid USA, numerous synagogues and churches across the US and a large number of Catholic religious orders of nuns and priests, including the Missionary Oblates. Read the full list of the 79 groups and Jubilee USA’s Amicus Curiae.
“At the end of the day, this case is about a precedent that could expose developing economies to extreme predatory behavior,” noted Kent Spriggs the attorney representing the 79 groups “The Supreme Court’s decision will affirm or harm current bipartisan US debt policy.”
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