The U.S. Court of Appeals for the Second Circuit once again ruled in favor of Capital Ventures International, confirming CVI’s right to attach the collateral behind Argentina’s Brady Bonds, even if the result is that a $100 million bond exchange is blocked. This does not, however, necessarily mean that CVI will collect the more than $200 million it’s owed by Argentina. “I wish [the ruling] meant I’d get CVI’s money right away, but it doesn’t,” said M. Norman Goldberger of Ballard Spahr, who argued at the Second Circuit for CVI. It might mean, though, that CVI can persuade Argentina to negotiate, Mr. Goldberger said. “We want Argentina to talk to us, and they won’t. We weren’t in this for leverage. We’re just playing by the rules,” he said.