Legal Question in Business Law in Oregon

Standard International Diversified Corporation (SIDC) owns assets in Tagistan, a new country in Asia. The government of Tagistan wants to nationalize all assets owned by foreign firms and investors. What can SIDC do? Can it at least obtain payment for the assets?


Asked on 6/10/10, 2:29 pm

1 Answer from Attorneys

Daniel Meek Daniel W. Meek

Under the U.S. Supreme Court's Citizens United decision in 2010, SIDC can spend unlimited amounts on "independent expenditures" for and against candidates for federal office, including President and members of Congress. Having bought sufficient influence, SIDC can then persuade the Administration to invade Tagistan, since it is probably a haven for terrorists. After all, its name ends with ". . .stan." Having taken over Tagistan, the Administration would set up a puppet regime and require that regime to de-nationalize the assets owned by SIDC and give SIDC total control over the abundant natural resources of the new "nation," including oil and gas. After all, how did our oil get under their sand in the first place?

Read more
Answered on 6/10/10, 6:07 pm


Related Questions & Answers

More Business Law questions and answers in Oregon