American Bacon drafting
After all that heavy fuel about LIBOR, something on a lighter note for the weekend.
American bacon drafting
/əˈmɛrɪkən ˈbeɪkən ˈdrɑːftɪŋ/ (n.)
The legal equivalent of slapstick comedy: legal drafting created not so much to do anything but to be something.
“American bacon drafting” is the sort of wording that makes an incoming contract look hefty — even fearsome — but which, upon first contact with the pan, dissolves into a disappointing s…
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