The Earmarking Doctrine: Borrowing From Peter to Pay PaulJonesDay
@Peter Woods; You mean like how the UK spent after WW2, despite having a far higher war debt that we have from the war against Covid19, yet the debt was correctly structured and the two decades that followed were some of the UK’s most productive, whilst living standards increased beyond...
The article discusses the earmarking doctrine, which is said to be the most frequent invoked doctrine in the concept of refinancing that occurs within 90 days prior to a bankruptcy filing. Under the doctrine, troubled debtors can get refinancing help from lenders. Some of the criteria needed to...
Borrowing from Peter to Pay Paul: A Statistical Analysis of Colorado's Deferred Deposit Loan Act, Denver University Law Review, Vol. 83: No.2, 2005.Chessin, Paul. 2005. "Borrowing from Peter to Pay Paul: A Statistical Analysis of Colorado's Deferred Deposit Loan Act, University of Denver...