Feb. 13th, 2013

eeek

Feb. 13th, 2013 11:51 pm
lloll4: ponyo refuses piece of bread (ponyo don't want bread)
This is not a nice LNY. I've got a shitload of work coming up in the next week that must be done within next week and then LNY will be over. Not to mention that all the make-up classes this month is cutting into my Saturdays this month. I hate these make-up classes. Or at least, in addition to the fact that they happen in LNY.

Happy LNY, anyway.

***

ETA: Okay, I wanted to blog about this case but kept forgetting. It was for my equity and trusts class and frankly not that significant. It's about a species of trust called a Quistclose trust, which apparently is supposed to be what happens when A lends B money for the purpose of paying B's creditor C. Apparently this means that if B for some reason is unable to pay C (B goes bankrupt or whatever) that money would go back to A since it's in a trust for A. Which is a little weird because you'd think that the money would be for B's many, many other creditors E, F, G, etc, right? In class, we went through a bunch of academic and judicial opinions on the Quistclose trust, which just means no one really knows what to think about it. Just lovely.

Anyway, this case isn't as much about Quistclose trusts (though it was on the reading list for that reason) as it is about a public organisation that is inexplicably gullible and makes me embarrassed to think it represents my country: Singapore Tourism Board v Children's Media )

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