Ao invés

de definhar aos poucos,

pode receber um tiro fulminante.

So far US federal Judge Thomas Griesa and a higher appeals tribunal have ruled in favor of the hedge funds (NML Capital Ltd; Elliot Management and Aurelius Capital Management) saying Argentina must pay 1.33 billion dollars in one single installment and cash.
However it is not clear what position the US government will adopt if come the case, as could happen, the Supreme Court on accepting Argentinas presentation calls on the Obama administration for an opinion.
Argentina basically argues that if finally it must comply with Judge Griesa's terms, the country could again fall into default because of the cataract of demands that would follow plus the fact that it could hinder the debt restructuring processes of other countries. Besides it would be most unfair with the majority of Argentine bond holders that have accepted the restructuring.
Argentina managed to restructure 93% of its defaulted debt in 2005 and 2010, but the hedge funds in the 7% pending have been battling for the full payment.

Argentina vs hedge funds: second chapter of appeal before the US Supreme Court — MercoPress