Template:M summ GMRA 9
Clause 9(e) is a nice, wide, broadly crafted representation that captures all manner of hermeneutic transgressions of intersectional space but, every now and then, still won’t quite do for some legal eagle or other. Perhaps, they quail, it might not capture a mendacious circumvention of risk retention rules under the EU Securitisation Directive or something like that.[1] They will ask for flannel, over and above, to give them counsel, and may (probably will, actually) blame their counsel for making them insist on this.
Be firm.
- ↑ Yes, that does have a ring of verisimilitude about it, doesn’t it. You will never guess why.