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Now things are getting a bit crazy - Argentina style. 27 Aug 2013 | 06:52 am
The dust is nowhere near settled after the Second Circuit's blunt affirmance of the injunction against Argentina. Still, there are valuable preliminary takes by Felix Salmon, on FT Alphaville by Josep...
Doesn't Anyone Want to Talk About Jurisdiction This Week? 27 Aug 2013 | 12:48 am
With the Second Circuit's ruling in the Argentina/NML case and the now-urgent need to get secured transactions and bankruptcy into the 1L curriculum, Credit Slips has yet to give attention to Wellness...
President Obama takes on the student debt bomb; meanwhile, the Gainful Employment Rule saga enters a 5th year 25 Aug 2013 | 08:58 am
Prospects do not look good for President Obama’s vastly ambitious initiative (not yet really a plan) to take on growing college debt. Consider that the U.S. Department of Education (DOE) is going int...
The Two-Year Tuition Fallacy and Other Confusion in Legal Education Reform 25 Aug 2013 | 02:39 am
Even the President has now weighed in about the cost of legal education, thus elevating the profile of the debate about the "dual crises" of legal education: costs and job placement. Let me put asid...
Un-Denouement 24 Aug 2013 | 02:14 am
With about 30 seconds of wi-fi, here are my two cents on top of Mark's and Stephen's. This feels weirdly like a pox-on-all-your-houses decision. Everyone expected it to go against Argentina, and badl...
When you stiff your creditors, do it with a smile 23 Aug 2013 | 11:38 pm
Steve raises a good point. Contract interpretation is typically a matter of state, not federal, law although this primarily means that state law (1) assigns a default meaning to contract language and ...
Argentina: Does it Matter? 23 Aug 2013 | 10:10 pm
No its not a existential question, but rather a question for our two experts on sovereign debt (I'm not one of them). Sure Argentina itself has lost, but remember that this is a federal case involvin...
Argentina loses... big. 23 Aug 2013 | 08:36 pm
The opinion is out, and I'm happy to be asked back to Credit Slips to talk about it. The Second Circuit affirmed the injunction against Argentina... full stop. No changes to the list of third parties ...
Detroit's Finest 21 Aug 2013 | 03:17 pm
Some thoughts on the Detroit situation, addressing many of the points Adam raised last night, but from a slightly different perspective, up over at Dealb%k.
Pari Passu's Caribbean Detour 21 Aug 2013 | 09:49 am
I wonder if this is how late night comedians feel about Anthony Weiner. He is, surely, the biggest gift that keeps on giving to their profession. On the other hand, it is summer, a time to relax and t...
