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Reading closely, it looks like they are still indemnified. It seems like the only term that was struck out was the one demanding sovereign assets as collateral.
by xyzzy123 5y ago
Reading closely, it looks like they are still indemnified. It seems like the only term that was struck out was the one demanding sovereign assets as collateral.
With my cynical hat on, that clause feels like a tactic - an unreasonable demand that tests desperation but also allows for a face-saving concession in negotiations.
- f6v 5y agoYou know your company is successful when you can strongarm foreign governments into using their military bases as collateral.