CDS Lessons from Argentina

What are the main credit-default-swaps takeaways from the 2014 forced default imposed on Argentina through the New York courts? In particular, was this at heart an empty creditor strategy, rather than a bond investor one, where the aim is entirely to try to have CDS trigger? If so, this could be the first case of a successful sovereign CDS empty creditor trade (there being plenty of evidence of such behaviour in the corporate debt universe). Those bondholders who litigated against Argentina through the inventive pari passu legal route would have known full well that bond repayment was out of the question and that, therefore, CDS trigger would be an absolute certainty. Is that a bad thing? Maybe the courts decided that CDS payment would be the inevitable way to find redress for defaulted-on investors when a sovereign refuses to pay and in the face of unassailable sovereign immunity that makes it essentially impossible to collect on a monetary judgment