Burying the opposition in legal fees is only available to parties with the financial resources to keep their lawyers going. The vast majority of the time, it is companies employing this stratagem, not individuals.
so, because in this one time the company was as vulnerable as the person, the law is.... what? I can't even guess where you were going with your point!
I'm guessing that it was: Corporations are people too? Otherwise, likewise, I can't fathom what the point of the anecdote was.
If the company was truly in the wrong, then it going out of business isn't - necessarily - a bad thing. It sucks for the employed by it, yes, but - in the overall scheme - perhaps it was for the best?
Either way, there's - clearly - not enough information for this to be worthwhile.