4 ms·

So is there any way that, if Argentina completely defaults, the 93% who have agreed the restructured payments can sue the 7% who haven't? Can S&P's opinion just

• PeterisP 12y ago
  I don't see any grounds for what "93% who have agreed the restructured payments can sue the 7% who haven't" - what claim do you see there? The 7% don't seem to have done anything illegal (obtaining and enforcing a court judgment usually isn't), nor they have any agreements or liabilities towards the 93%, they're not obligated to act in the interests of those 93% when negotiating - even if they'd say "ahh we just did it out of spite to screw you guys, trololol" then it's within their rights to do so. I doubt also that S&P opinion would be ignored - there are overdue payments that aren't being paid, they're simply acknowledging that fact.
  • blowski 12y ago
    > I don't see any grounds for what "93% who have agreed the restructured payments can sue the 7% who haven't" - what claim do you see there? I don't know whether I see a claim, but I wondered whether a clever lawyer would. Reading around, I'm positing ideas for what might happen next.