General Discussion
In reply to the discussion: Clintonians Join Vulture Flock Over Argentina [View all]COLGATE4
(14,732 posts)Changes in the law do occur but these are infrequent and almost always occur at the Appellate, not the Trial level. The fact is that lawyers often advise a client against undertaking litigation. But the decision (barring issues like outright illegality) is up to the client. People are emotionally invested in litigation for a multiplicity of reasons, many of which most of us would not consider particularly pressing. Still, each of them has a right to his/her day in court if that's where they decide they want to go.
The basic purpose of the law, especially in commerce is to try and provide as much predictability as possible. That does not mean that the law can never change. if it does, then someobe went from having a winning case to having a losing one. But then, for as long as it doesn't change (which should reasonably be a relatively long time) there is predictability.
My point on Singer is that he has legally exercised his rights as a creditor of the Argentine government and he is legally entitled to be paid. Whether or not he is an attractive person is no reason for him not to.