
Ep 129 ft. Mitu & Mark
Clauses & Controversies
Importance of Legal Expertise in Emergency Podcasts
In emergency podcasts, the urgency is not about the subject matter but the need for a lively discussion. The decision by the New York Court of Appeals regarding the invalidity of collateral pledges for Pedovessa 2020 bonds has significant implications. The court clarified that the validity of collateral pledges is determined by Venice Wayland law, not New York law, while the consequences for investors are governed by New York law. This distinction is crucial for understanding the impact on investors' rights in such cases.
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