Best Clauses Controversies Podcasts (2025)

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Ep 160 ft. Mitu & Mark 45:16

Play Pause

13d ago45:16

45:16

Ukraine's Expansive "Fiscal Laws" Clause International sovereign bonds, and particularly those issued under English law, often include a clause providing that payments are subject to the applicable "fiscal and other laws." Usually, the clause makes clear this refers to fiscal laws in the “place of payment” (e.g., Luxembourg). Separately, internatio…

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Planning for Aging in Pennsylvania 12:30

3d ago12:30

12:30

Planning for the unexpected as you age doesn’t have to be complicated or stressful. Discover the essential legal tools that protect your wishes, your assets, and your loved ones—before you need them.By Klenk Law

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Ep 80: Michelle Boncek - Basil, Mint + Sage (North Ave Candles) 1:06:40

4d ago1:06:40

1:06:40

After a few weeks off, Selena is back in the candle saddle and ready to hear hot takes from her longtime friend Michelle Boncek. Michelle is a longtime TWM listener, a caring public school teacher, a bookworm, a Swiftie, and a true blue candlehead. The ladies talk podcasts, candlemaking, food scents, candle warmers, gifts, lost wicks, and so much m…

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Crooked Trustees and Family Feuds: The Dark Side of Estates 9:06

24d ago9:06

9:06

Explore the risks of choosing the wrong trustee and how poor planning can lead to family feuds, mismanagement, or even legal battles. Estate Planning Attorney Peter Klenk shares how thoughtful trust design and regular updates can help prevent conflict and protect beneficiaries.By Klenk Law

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Ep 159 ft. Mitu & Mark 36:20

26d ago36:20

36:20

The Greek GDP Warrant DramaGreece’s debt situation has improved remarkably, from default status in 2012 to investment grade in 2025. A few weeks ago though, Bloomberg reported on a brewing drama with the GDP warrants that were offered to investors in the brutal 2012 restructuring. Apparently, Greece has elected to exercise its right to call the war…

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Ep 79: Jessamyn Violet - Havana (Butcher's Daughter) 45:15

1M ago45:15

45:15

It's Two Wick Tuesday and this week, Selena chats with her hometown pal Jessamyn Violet (@jessamynviolet on Insta) the author of VENICE PEACH (out 6/6) and member of Movie Club (@movieclubband on Insta). They take a long walk down memory lane that includes Gap candles, tapers, Hot Topic vs. Scream, the Natick Mall, Angel by Thierry Mugler, fosterin…

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Probate or Pro-bait? Navigating the Minefield of Probate Matters 8:23

1M ago8:23

8:23

Learn the fundamentals of probate, estate planning, and how assets are passed on after death. Whether you're planning for your own future or helping a loved one, this episode offers practical insights into making informed decisions about your estate.By Klenk Law

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Ep 158 ft. Mitu & Mark 48:31

1M ago48:31

48:31

Some Questions, Now That it's About 3 Years Since Russia’s Default It has now been around 3 years since Russia’s invasion of Ukraine, which prompted EU and US sanctions and a default on Russia’s external bonds. The prescription clause in these bonds says that Russia’s obligations become void unless investors make claims within three years of the da…

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Ep 78: Chris Lamberth - Coconut & Palm (Sand + Fog) 53:12

2M ago53:12

53:12

This week, Selena chats with a longtime friend, comedian Chris Lamberth (@ChrisLamberth on Twitter and Insta) who is well-versed in the Marshalls and TJ Maxx candle scene of suburban New Jersey. Chris came prepared with a 7 WICK candle and they discuss grocery store candles, standup comedy, Boston, and the appeal of a Residence Inn. Please subscrib…

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Ep 157 ft. Mitu & Mark 38:02

2M ago38:02

38:02

Sovereign Debt Odd & Ends An odds and ends podcast about unrelated sovereign debt topics. First up, Venezuela. Most investors have been sitting around waiting for an eventual restructuring and lifting of US sanctions. But a handful of funds sued early, got judgments, and have spent years trying unsuccessfully to collect. If they had succeeded, they…

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Litigation in the Living Room: Tackling Estate Wars 7:21

2M ago7:21

7:21

It happens. We see it all the time. Family disputes arise over estates, but you can prevent them. Learn how honest conversations and thoughtful planning can help avoid costly and painful legal battles.By Klenk Law

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Ep 77: Cindee Weiss - Vanilla Spice + Orange (The Body Shop) 1:06:29

2M ago1:06:29

1:06:29

It's Two Wick Friday, candleheads! There are no rules! This week, Selena chats with comedy friend and fellow NYC resident Cindee Weiss (@CindeeIsaWeiss on Insta)! They talk about bong water, 1990s superstore The Body Shop, candle safety when you're a scarf addict, yahrzeit candles, and more! Please subscribe, rate, and review, candleheads! (music: …

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Trust Issues: Navigating Revocable Trusts and Their Pitfalls 11:59

2M ago11:59

11:59

In this episode, Peter Klenk tackles the topic of revocable trusts—also known as living trusts—and why they’ve become such a popular estate planning tool. He breaks down what a revocable trust is, what it does (and doesn’t do), and dispels common myths, especially around taxes and creditor protection.…

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Ep 156 ft. Paul Stephan 46:06

2M ago46:06

46:06

Is There Any Law of State Succession? Syria, Ukraine and Greenland.The law of state succession to obligations comes mostly from a different era, when war and conquest were legal and borders changed with some frequency. Today, we are faced with multiple situations where borders might change due to war. Does the law tell us what happens to the debts …

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Wills Gone Wild: How to Contest Your Loved One's Final Wishes 12:47

3M ago12:47

12:47

In this episode, Peter Klenk dives into the world of wills—what they are, how they work, and common misconceptions. Learn how different states handle probate, why some systems are more frustrating than others, and what that means for your loved ones. 4oBy Klenk Law

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Ep 76: Meghan Dineen - Topanga Canyon (Joan Gray Candles) 54:26

3M ago54:26

54:26

This week, it's Two Wick Wednesday instead of Two Wick Tuesday, but the candle convo and hot takes are just as hot! In this episode, Selena sits down with producer, dog mom, and recreational candlemaker Meghan Dieen (@mrdineen on Insta) for a delightful candle convo. Meghan talks about her love of the meditative, process-driven steps of candle-maki…

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Ep 155 ft. Mitu & Mark 35:13

3M ago35:13

35:13

What if Trump Discovers that Unpaid UK (and French) Debt From WWI?The current administration has tossed concepts such as “special relationships” with allies out the window. The administration seems willing to apply just about any leverage it has to obtain concessions from allies, including concessions that might reduce the US debt. Seen in that lig…

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Ep 75: Charlie Rauh - Astoria (Planet Sis) 52:52

3M ago52:52

52:52

Happy spring, candleheads! This week, Selena welcomes musician and writer Charlie Rauh (@charlierauh_music on Insta) to the candle hot seat and their conversation is both hilarious and profound. They hit on topics including rituals, tenderness, gentle power, and open windows. Brands covered include Planet Sis, Northern Lights, Diptyque, and more! B…

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Ep 154 ft. Mitu & Mark 37:15

3M ago37:15

37:15

What Might a Syrian Debt Restructuring (Eventually) Look Like?There is little doubt that Syria needs to restructure its debt, among other reasons to pave the way for rebuilding after a long and brutal civil war. It strikes us as too early to envision what that process will look like, but we can identify some of the key issues. The country owes a lo…

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Ep 153 ft. Mitu & Mark 37:48

4M ago37:48

37:48

User Fees on the US Treasury Strategic Gold Crypto ReserveTrump plans to reduce the US debt. We are missing some of the steps, but here are the ones we have identified so far:1. Golden passports2. Tariffs3. Maybe not tariffs4. Okay, tariffs5. Something about gold6. User fee on treasuries7. Crypto8. ???We speculate about what we are missing. Maybe i…

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Ep 74: Mandie Allietta - Heirloom Tomato (Paddywax) 56:06

4M ago56:06

56:06

This week, Selena's guest is former comedian Mandie Allietta (@SpiderMandie on Insta) who is also her sister-in-law! Mandie is a tomato candle girlie and they deep dive into this popular vegetable (fruit?) from candles to soups to sweaters. Mandie shares her candle journey from West Elm to B&BW to Sydney Hale and beyond. They each learn some lesson…

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Zombie Estates: Avoiding the Pitfalls of DIY Estate Planning 11:05

4M ago11:05

11:05

Learn about the dangers of do-it-yourself estate planning, and hear first-hand stories about how easily mistakes can lead to prolonged, costly legal battles and damaged family relationships. Understand what you need to do to prevent "zombie estates" that languish for years.By Klenk Law

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Ep 152 ft. Mitu & Mark 26:42

4M ago26:42

26:42

Why Do We Care Who is Behind HRB’s Sri Lankan Lawsuit?The Hamilton Bank litigation against Sri Lanka appears to be reaching the end. Or is it? The stays that were granted during restructuring talks have implications for future sovereign debt restructurings, we think. Especially Venezuela’s restructuring, which is going to be a huge undertaking. And…

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Ep 73: Nimmi Chainani - Midnight Rose (Scentille) 48:52

4M ago48:52

48:52

This week, Selena chats with the founder of Scentille (@scentillecandles on Insta), Nimmi Chainani! Nimmi is an entrepreneur who was inspired during Covid lockdown to create a product to transform her space and unlock an immersive and luxurious experience. In their conversation, Nimmi shares her candle journey and her experience as an entrepreneur,…

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Ep 151 ft. Sarah Carlson & Elena Duggar 39:25

5M ago39:25

39:25

Greece’s (Ratings) Rise From the Ashes – Wow, but also How?We study sovereign restructurings, which means we primarily study countries going into and struggling to get out of crisis. Serial defaulters such as Argentina and Ecuador are frequent topics on our podcasts. And given how bad things were a decade ago, and its history of frequent defaults b…

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Controversial Clauses What to Include and Exclude in Your Will 9:13

5M ago9:13

9:13

A will should be carefully crafted to avoid disputes, ensuring clarity in asset distribution, exclusion of certain individuals, and proper communication of wishes like funeral arrangements and pet care.By Klenk Law

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Ep 72: Sara Polland - Claus Porto 52:37

5M ago52:37

52:37

Happy February, candleheads! We're back with the hot candle conversation that you know and love. This week, Selena sits down with her friend Sara Polland for a hilarious and lovely chat. Sara talks about the candles of her faith--from the Friday Sabbath to Havdalah to Hanukkah candles and beyond. They discuss what is "goyish," talk about candle-mak…

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Ep 150 ft. Andrew Kissner 47:06

5M ago47:06

47:06

Getting "J. Screwed" Sounds Better than Getting "Argentina'd"In the world of corporate debt, everyone seems to be talking about "Liability Management Exercises," where a borrower, with a subset of creditors, exploits loose loan covenants in ways that leave other creditors screaming mad. Even better, these LME techniques have clever names: "trap doo…

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Dealing with Crooked Executors and Trustees 10:57

5M ago10:57

10:57

Strategies like naming protectors and checks and balances to prevent issues like negligence, conflict, or theft in estate administration can help avoid costly court disputes and safeguard beneficiaries.By Klenk Law

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Ep 149 ft. Mitu & Mark 44:13

6M ago44:13

44:13

Is Sri Lanka’s Loss Reinstatement Provision a Penalty?Two of our favorite things to talk about are innovative contract clauses and ancient illogical contract doctrines that unexpectedly bite in the ass. A few weeks ago, we walked through the Loss Reinstatement provisions for Ghana and Zambia. We asked the question of whether those provisions might …

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Ep 148 ft. Mitu & Mark 49:49

6M ago49:49

49:49

Sri Lanka's New MFC Clause — Have "Contorts" Arrived in Sovereign Debt? The doctrine of tortious interference with contracts is one of several that sits at the intersection of tort and contract law. These "contorts" confuse law students — lawyers and law professors too! — but can be important in practice. If not anticipated, they can create problem…

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Ep 71: Melanie (MrKongsMom) - Vintage Pomander (Kringle) 56:18

6M ago56:18

56:18

This week, Selena chats with Melanie who is known as MrKongsMom on YouTube, where she talks about beauty products and candles to over 53K subscribers! Melanie is a sweetheart who KNOWS HER STUFF in the world of candles. Selena learns about candle crocks and warmers, Melanie gets specific with her favorite scents by season, and they discuss her coll…

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Ep 70: Noelle Winters Herzog - Witches' Brew (Yankee Candle) 53:45

7M ago53:45

53:45

This week, Selena chats with a scent aficionado, a powerhouse podcast host, and a Yankee Candle Stan, Noelle Winters Herzog (@noeygirl_ on Insta)! The ladies talk about perfumes, seasons, and brands ranging from Diptyque, Nest, and Crabtree & Evelyn, to the chaotic candle section of Marshalls, TJ Maxx, and Homegoods.…

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Ep 147 ft. Paul Stephan 47:48

7M ago47:48

47:48

YPF and Argentina’s Contributions to International Law Argentina owes over $16 billion in connection with its nationalization of state oil company YPF. A federal judge in the Southern District of New York is considering whether to order Argentina to hand over its shares in YPF — technically located outside the United States — to pay part of the jud…

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Ep 69: Aaron Allietta - Decrepit Manor (BPAL) 28:31

7M ago28:31

28:31

This week is a very special episode of Two Wick Minimum—Selena sits down with a man whose candle journey for the past 5 years has intertwined with her own: her husband Aaron Allietta! Aaron shares his expriences with living in assorted mansions that were set to be demolished, his band days, and his bar-backing adventures. Find out which scent is "t…

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Estate Planning and a New Baby: What You Need to Know 10:17

8M ago10:17

10:17

Get the intel on estate planning for new parents, including information on key documents like temporary guardianships and trusts to protect children’s future. Examine the need for careful planning to ensure that assets are safeguarded and accessible for your child's well-being, especially in unexpected situations.…

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Ep 146 ft. Mitu & Mark 37:08

8M ago37:08

37:08

The Penalty Doctrine in Contract LawWe've never been fans of the contract law rule against penalties. Why can't parties (sophisticated ones at least) agree to suffer a penalty in the event of breach? We’d ordinarily avoid this topic, because the doctrine makes little sense and the issue doesn’t come up much in the sovereign debt world. But recently…

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Ep 68: Zach Day - Santal + Pumpkin (Kringle) 56:35

8M ago56:35

56:35

Your favorite candle podcast is back after a long hiatus! This week, Selena chats with singer/songwriter Zach Day who is in his candle era and eager to share it with you! Zach shares his candle journey, from the hollers of Appalachia to the stages of Hollywood on THE VOICE! Plus, Zach shares a HUGE update about his newest collab. ENJOY then subscri…

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Does an executor have to show accounting to beneficiaries? 6:37

9M ago6:37

6:37

In this episode, Peter Klenk explores the obligations of executors and trustees to provide accounting information to beneficiaries of estates and trusts. Learn about beneficiaries' rights to access this information and practical steps to take if they encounter difficulties in obtaining it.By Klenk Law

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Ep 145 ft. Mitu & Mark 30:37

9M ago30:37

30:37

A New Competition For Law (and Jurisdiction)?Jurisdictions famously compete for businesses to use their corporate law. Less discussed is the competition for having one’s law chosen to govern contracts. But it happens. Sovereign debt lawyers in England and New York can, if they have a few drinks in them, can be quite entertaining in their sniping at…

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Ep 144 ft. Nate Oman 35:00

9M ago35:00

35:00

An Execution Sale is Not a Receivership. (Right?)Creditors of Venezuela and PDVSA, its state oil company, have forced an execution sale of PDVSA's only US asset – which happens to be the ultimate parent company of CITGO. The federal judge overseeing the process has tried to keep things orderly, but the inter-creditor fighting is getting juicy. Some…

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Ep 143 ft. Mitu & Mark 36:08

10M ago36:08

36:08

Hamilton Bank v. Sri Lanka: What the $@#$ ?Accusations that Hamilton Bank is a giant fraudster stealing depositor funds, bizarro requests from Hamilton to the court that other creditors be constrained in using their contract rights against it, an amicus intervention in the case to say nothing at all . . . and on and on. This case gets more and more…

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Ep 142 ft. Theo Maret 40:02

10M ago40:02

40:02

Zambia’s Restructuring: A Post-MortemZambia’s recently concluded restructuring seemed to drag on forever, debilitated by conflicts among the various creditor groups. Why did these different groups think the others were being unreasonable in their demands? And what can we learn from what happened? Our guest is one of the keenest observers in the sov…

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Why 30-Somethings Need a Will (and Other Things, Too) 13:42

10M ago13:42

13:42

By Klenk Law

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Ep 141 ft. Mitu & Mark 36:22

10M ago36:22

36:22

The Champerty ShowAh, Champerty. Perpetual runner-up, to the doctrine of consideration, in the Stupidest Legal Rule pageant. Why do directly (e.g., via the abuse of process claim) what you can do clumsily and indirectly (by limiting an injured party’s access to finance)? But what do we know? Actually, not much. We do know that Venezuela/PDVSA won a…

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Ep 140 ft. Zohra Ahmed 36:26

10M ago36:26

36:26

IMF Rescues Pakistan From the Brink of Default (Again)Pakistan looks to be in the process of finalizing yet another IMF program. Yet again, it has been rescued from the brink of default with a bailout justified by some heroic assumptions about how a state of sustainability will magically materialize. Why? Our guest, Zohra Ahmed, of Boston Universit…

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Ep 139 ft. Oona Hathaway 44:21

11M ago44:21

44:21

A Better Way to Freeze (and Seize?) Russian Assets? Ever since Russia invaded Ukraine in 2022, there has been talk of what international law doctrines might be utilized to induce Russia to back off. One of those doctrines that has been whispered about is now, thanks to a wonderful new article by our guest, international law guru and Yale Law profes…

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Ep 138 ft. Randle DeFalco 39:34

11M ago39:34

39:34

Cambodia’s Debts to the US: How “Dirty” Are They?Roughly a half century ago, in the 1970s, the US infamously bombed Cambodia. Less known is that the US, through a “Food for Peace” program, made a series of loans to the somewhat dodgy government of General Lon Nol. The loans were made, at least in part, to assist Cambodians displaced by the bombings…

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Dealing with a Harassing Beneficiary: Guidance for Executors and Trustees 9:55

11M ago9:55

9:55

Learn how executors and trustees can manage the challenges posed by beneficiaries, including addressing harassment and setting realistic expectations.By Klenk Law

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Ep 137 ft. Joseph Cotterill 43:09

11M ago43:09

43:09

Ukraine's Preliminary Debt Restructuring DealUkraine reportedly has reached terms with a subset of its bondholders, agreeing to restructure the country's roughly $24 billion in bond debt. What to make of the deal? It seems (to our view) to be premised on the IMF's entirely unrealistic assumptions about Ukraine's future debt repayment capacity. The …