Blackstone Code Chapter 591: No 10001
Text 0591 is not in case
Some people call these international bankers "gamblers" and others call them "speculators", but it's not entirely correct whether they are gamblers or speculators.
They have the characteristics of gamblers and speculators, but not quite.
They don't play the odds of 1 in 10,000 like gamblers, they're not that crazy, they're after eternal interests, and crazy gamblers are after the adrenaline rush at the moment of the flop , stomping into **** with one foot and grasping heaven with the other, waiting for the thrill of final judgment, a mortal thrill.
They are not like complete speculators. Although speculators are doing the same thing as them and pursuing eternal interests, they are calmer than them. Speculators do not do nothing before speculating. Don't know anything, then just throw your bet anywhere.
In fact, they will do a lot of meticulous work before this, they just want to use the least amount of money in exchange for the greatest return, this is not a chance you know that it is almost impossible to bet one in ten thousand.
They combine the characteristics of both, but are different from both, go further than speculators, and not as aggressive as gamblers, it seems that these are some very contradictory people, but they have something that neither of the former has , that is, a means of controlling external factors.
Now, these over-the-counter methods have failed, and they have become anxious. They are not as free and easy as gamblers are when they face failure, and they are not as indifferent as speculators when they are faced with failure. panic!
They clearly recognize a problem, if all this is Lynch's means, or Lynch has such a decision, such a plan at the beginning, then each of them has been tricked, Played hard!
Next, the question they consider is after these things, did Lynch prepare other means to deal with them?
Or ripped some from them to fill Lynch's terrible appetite, Mr. Herbs at this time no longer dared to underestimate Lynch, so he made a point that should not have been said by him- - At least we also won a lot of exchange rates.
This is the only good news after bad news, and good news that can bring some peace of mind.
They no longer pursue the bonds that can swallow Lynch, and they plan to perform in accordance with the contract. They will not ask Lynch for interest. The money they borrowed here is sent back.
Then they are equally lucrative, even if they don't achieve their ultimate goal, they make a lot of money.
"I have a copy of the contract here, maybe we should look at the contract again!", Herbs took the initiative to bring up this matter, and then in response to the others, he asked the butler to take it out of the safe A copy of the contract.
It's just a copy, and the original was kept in the Federal Financial Management Commission's vault. To a certain extent, the loan and mortgage of this level already have the basis for killing people and stealing goods.
So neither Lynch nor Mr. Herbs thought about carrying these contracts with them, and they all kept the contracts in the official federal agencies.
As the largest regulatory agency in the federal financial sector, they also have corresponding services, and the service fee is not low.
The copy of the contract was taken out very quickly, they were divided into many parts, and everyone was looking at it carefully. It has been a long time since they had a successful career. Read a boring contract.
It doesn't matter if you don't read it, once you read it, it's all problems.
Then they all connected their personal lawyers by conference call.
It's a huge group. Every international banker's business may involve people from many different countries and different classes. Naturally, they must have lawyers who are familiar with the laws and conditions of these countries.
This time they are mainly looking for Gafra's lawyers, federal lawyers and lawyers from some neutral countries.
The reason why they are looking for a lawyer from a neutral country is actually very simple. They are still habitually thinking about whether it is possible to use their means beyond gamblers and speculators - off-site factors to interfere with the outcome of judicial proceedings.
For example, they can file a protest with the Federation, arguing that the federal court is not conducive to their foreign businessmen, and demand that the case be transferred to a neutral country and an international court where they have the ability to intervene, so that their odds of winning will be greatly increased.
They've won quite a few times this way before, so this time they're considering whether they can do it.
As for the issues in the contract...it's mostly mutual, equal breach clauses.
For example, in the event of an actual breach of contract by one of the two parties, the liquidated damages shall be paid in accordance with 1% of the total contract price multiplied by the number of days of actual breach of contract.
This breach of contract clause is actually found in many contracts, from buying and selling houses to buying and selling financial products.
I didn't think there was anything before, but now these people vaguely feel that this may be a trap.
"Mr. Herbers, I just looked through the relevant federal legal documents. The basis for liquidated damages is mainly the collateral. In other words, if Mr. Lynch defaults on this loan , when he needs to pay the liquidated damages, he does not use the actual market value of the currency borrowed as the basis for calculating the liquidated damages, but the value of the collateral at the time of the loan as the basis for the calculation of liquidated damages.”
"And this kind of creditor's rights product has a value that is roughly equivalent to currency, as long as Gavra's official does not publicly declare that the conversion power of these bonds is abolished, or publicly declares that it supports only a certain percentage of the bond's face value. , then we will use the denomination of the bond as the actual value."
"In other words, once one of you defaults, the amount will be paid on the basis of Mr. Lynch's war bond with a face value of 94.45 million federal sols mortgaged to you, every day. The resulting liquidated damages are 944,500 Federal Sol."
When he heard this, Mr. Herbs' hand was already shaking. He tried his best to keep his emotions stable. He was afraid that his unstable emotions would affect other people. He suppressed his emotions. Whispered, "So under what circumstances would I cause a default?"
After all, when it comes to borrowing, I have only heard that the borrower breached the contract, but never heard that the lender breached the contract. He still asked again and again carefully.
“If you request to recover this part of money before the termination date of the contract, then the number of days in advance of the time when you make this request before the termination of the contract performance shall be considered as the number of days in breach of contract.”
The lawyer said as if he was joking, "For example, you are going to recover this part of the money now, and now there are 110 days before the termination date of this contract. According to the contract, you are not only a If I can't get any money, I have to pay Mr. Lynch's liquidated damages of about 10 million federal sols..."
The lawyer didn't know that his joke almost broke Mr. Herbs' pretended calm, and he held his civilized staff tightly, his hands folded together, which made him look less alarmed.
"The joke is not very funny, so let's discuss the second clause that I think is not quite appropriate..."
All day long, a group of people swarmed the contract discussing whether the terms were in their intended interests and whether it was doing them too much harm.
In the end, they picked out some clauses that might have buried traps. In addition to the issue of liquidated damages, there were also some other minor issues, such as payment methods and how to effectively confirm them.
By the end, Mr. Herbs asked the large group of lawyers from around the world one of his top concerns, "Gentlemen, let's say we have some disagreements in this contract, and we're going to litigate eventually. How to find a solution, do we have a way to transfer its power to other international tribunals as in the past?”
After a brief discussion, the legal team came to a not-so-good conclusion, "Sorry, Mr. Herbers, we don't think this is likely to happen."
"The first point is that this contract is signed in Nagalil and executed in the Federation. If you want to transfer the case from the Baylor Federation to another international court, you must first persuade these two countries I agree with you to do so."
"But as things stand, that's pretty much unlikely."
"Ignoring the extent to which the Nagalil Joint Development Corporation has had an impact on the country's domestic judicial system ~IndoMTL.com~ the mere fact that their two sets of laws are running side by side will spell trouble for subsequent litigation."
"Secondly, the Federation has become the world's first-class military power, and they have also shown an unprecedented tough attitude in opening up international affairs. We all think that it is impossible for them to agree to our request, and Mr. Lynch and The relationship at the top of the federation is very close, and he will definitely obstruct it."
"I don't think your idea will come true."
Mr. Herbs pursed his lips. "I mean, what if it was possible?"
He will work hard. He also knows a lot of people in the Baylor Federation, so he may not have the opportunity to change this situation, so he emphasized, what if this is possible?
But the lawyers don't think so, "No way, Mr. Herbs."
Hebers first's emotions were out of control. He tried his best to give himself some good news that could be realized, but these lawyers always let him down!
His voice suddenly rose a lot, "I mean in case, what if this is possible?"
"As an employee, I would love to tell you there is a chance, but as a lawyer, I must tell you that you don't have that one in ten thousand chance, Mr. Herbs."
"We can't let you indulge in false illusions of impossibility and wait for danger to come, and if you think it's worthwhile and effective, then you might as well think about it, in case these things will work out as you originally envisioned Wouldn't it be better to start and end that way?"
Mr. Herbers was unable to speak for a long time after the lawyer said a word, and he realized that this might be the stupidest decision in his life!
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