Heretical Lawyer @manjfdop
lawyer Sri Lanka Joined April 2019-
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We should be master of our own destiny and servant of none.
In the great game sovereignty of the state particularly regulatory powers is the trump card and wild card that will get you the royal flush. Loose it and you end up with a empty hand. It should be jealousy guarded. Remember without power is power nothing.
Can someone enlightened me whether card holding members of chinese communist party can take an oath of allegiance to another sovereign
What happens when a state by statute transfers regulatory powers and land to a corporate entity created by statute and capitalized by an agent of another sovereign
Heretical Lawyer retweeted
... Be pleased to receive into thy almighty and most gracious protection the persons of us thy servants and the Fleet in which we serve...
Lhttps://www.cnbc.com/2021/04/01/chinas-central-bank-warns-of-a-swath-of-risks-including-defaults.html
I am wondering whether given that SLDB's are debt issued in terms of local law, whether the parliament by legislation can either impose CAC's on them or can their tenure. This may not be an default or be a event of defualt in the ISB's. It may be even possible with rupee bonds.
Heretical Lawyer retweeted
Why it’s time to lift the trading ban on Venezuela’s debt ft.com/content/ade67f…
Collective Action Clauses were incorporated for a purpose. It is to restructure debt in a hour of need. It needs to be used.
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