FS Credit Opportunities Corp. v. Saba Capital Master Fund, Ltd. · ¶53
Consistent with Congress's anti-abuse purpose, the ICA and the IAA contained a stick: “Every contract made in violation of any provision of [the ICA or the IAA], and every contract heretofore or hereafter made, the performance of which involves the violation of . . . any provision of” the statutes “shall be void.” § 47(b), 54 Stat. 846 (ICA) (emphasis added); § 215(b), id., at 856 (IAA).Read in context ›
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