Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I'm pretty sure it's fair to state that "no US lawyer would sign off on it" means what it says... all the US lawyers thought it was not a true sale under US law...

Linklaters role reminds me that many parts of UK Financial law are expressed mostly in archaic formal English, where multiple interpretations abound...

by Metatone (metatone [a|t] gmail (dot) com) on Wed Mar 17th, 2010 at 12:57:34 PM EST
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