Argentinian Bonds and Global Enforcement of Judgments
Plaintiffs in the litigation industry need/want global enforceability of judgments. Defendants like delays and battles between courts and legal systems. Mass torts are part of the global litigation industry. Therefore, it makes sense for mass tort lawyers to keep an eye on the Argentinian bond litigation as to enforcement of judgments. A good summary post is online at the Credit Slips blog. And then there is the view of Felix Salmon.