Aiming to beat the banks

The mysterious Rodolphus Allen trust has not explained the magical tactic it believes will defeat the banks. But it has left some clues about its long-shot strategy.

Ultimately, it appears prepared to use legal arguments dating back to the reign of King James I of England to separate hundreds of millions of euro worth of debts from the distressed properties to which they are linked.

The trust’s language has chimed with those who have sought Freeman of the Land status as a mechanism for claiming to be ‘individuals under God’ rather than citizens of a nation state.