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Aside: There seems to be a strange (one-way) attraction between creditors and sailing ships these days. Another example: http://en.wikipedia.org/wiki/Sedov htt
by arbuge 14y ago
Aside: There seems to be a strange (one-way) attraction between creditors and sailing ships these days. Another example:
http://en.wikipedia.org/wiki/Sedov http://en.wikipedia.org/wiki/Sedov
"Sedov has regularly been targeted by unpaid creditors of the Russian Federation such as Nissim Gaon (of now defunct Swiss group NOGA, an anagram of Gaon) and also by French holders of defaulted Russian bonds; in 2002 Sedov was forced to precipitously and unexpectedly leave Marseilles in the dead of night[1] to avoid being served a writ by AFPER (French association of holders of Russian Empire bonds) the following morning.
For over a year French holders of defaulted Russian bonds have been warning they were going to reorganize and export their claim to Anglo-Saxon jurisdictions, more friendly to private citizens than the French."
- 100k 14y agoI was curious AFBER because of the Russian Empire thing. It is indeed the association of holders of Tsarist Russian bonds. They are trying to get paid back two successor governments and 100 years later.