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Extraordinary rendition: Difference between revisions
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It is a form of waterboarding just to read it: | It is a form of waterboarding just to read it: | ||
{{quote|For the purpose of this opinion, the word “'''[[Company|companies]]'''” shall neither refer to economic interest groups (''groupements d’interêts économiques'') nor European economic interest groups (''groupements d’interêts économiques européens''). It shall furthermore not encompass any entities listed hereafter or any entities which are subject to a specific legislative framework or any specific licensing requirements, such as, [[without limitation]], reinsurance undertakings, pension | {{quote|For the purpose of this opinion, the word “'''[[Company|companies]]'''” shall neither refer to economic interest groups (''groupements d’interêts économiques'') nor European economic interest groups (''groupements d’interêts économiques européens''). It shall furthermore not encompass any entities listed hereafter or any entities which are subject to a specific legislative framework or any specific licensing requirements, such as, [[without limitation]], reinsurance undertakings, [[pension fund]]s, [[SICAR|investment companies in risk capital]], [[securitisation]] vehicles, [[Alternative Investment Fund Management Directive|alternative investment fund managers]] subject to the Luxembourg law of 12 July 2013 on [[investment fund]] managers (as amended) (the “'''AIFM Law'''”), [[alternative investment fund]]s subject to the AIFM law other than UCI or reserved alternative investment funds (fonds d’investissement alternatives reserves (“'''RAIF'''”) which are additionally subject to the Luxembourg law of 2016 on RAIF (as amended) (except the extent such entities are specifically covered in Appendix 2 part 1).<ref>Curious, and rather fun, note for posterity: there ''is'' no Appendix 2.</ref>}} | ||
Yet, as the pain and grogginess wear off, we find ourselves feeling ''curious''. | Yet, as the pain and grogginess wear off, we find ourselves feeling ''curious''. | ||
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Firstly, if one ''did'' want good clear illustrations of things that aren’t companies, the examples picked here seem singularly ill-suited. Many of them, for one thing, ''are'' [[Company|companies]]; just not the special ''types'' of company that the blessèd author of this [[netting opinion|opinion]] has in mind. | Firstly, if one ''did'' want good clear illustrations of things that aren’t companies, the examples picked here seem singularly ill-suited. Many of them, for one thing, ''are'' [[Company|companies]]; just not the special ''types'' of company that the blessèd author of this [[netting opinion|opinion]] has in mind. | ||
Now there are lots of things — most things on heav’n and earth, indeed — that are ''not'' [[Luxembourg]] companies. If the idea is to put clear water between what is, and what is not, a Luxembourg company, wouldn’t it be better to draw comparisons with things that more plainly are not? | Now there are lots of things — most things on heav’n and earth, indeed — that are ''not'' [[Luxembourg]] companies. If the idea is to put clear water between what is, and what is not, a Luxembourg company, wouldn’t it be better to draw comparisons with things that, more plainly, are not? | ||
Giraffes, for example, are certainly not Luxembourg companies. Nor, to bring it a little closer to home, are ''Moules Frites''. Nor tapioca. | Giraffes, for example, are certainly not Luxembourg companies. Nor, to bring it a little closer to home, are ''Moules Frites''. Nor tapioca. | ||