Durum caseum per magnos canibus

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“Durum caseum per magnos canibus”, or the doctrine of durum caseum, is a principle of equity developed as a corollary to anus matronae parvae malas leges faciunt. Just as little old ladies make bad law, so, equally do big dogs. Only where the law turns cartwheels to accommodate that sweet and fragrant matron, if you happen, say, to be Citigroup, expect some hard cheese. Durum caseum, as they used to say back in the day.

See also

• Citigroup v Brigade Capital Management