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Yet another legalclause, in the US constitution, could supposedly solve the entire problem.
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This obscure legalclause could, indeed, be all that stands between Britain's economy and a cliff edge.
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The legalclause refers to unexpected events that prevent one party to a contract from meeting its obligations.
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The industry has lifted this legalclause from the megabuck world of sports, where athletes have to sign documents giving guarantees about their physical wellbeing.
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He forced MySpace to review their terms and conditions of use after noting some ambiguous legalclauses.
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The report said although Wood only owned 24 percent of the shares, legalclauses meant he had in effect control of the business.