Legal, Economic & Regulatory Affairs News by GLG Council Members

The US Dollar being the kingpin of the hard currencies until now, but not very sure in future , it's exchange rate has been affecting the US economy and the rest of the world.The US financial markets , including the derivative markets,being the most liquid and deep among the financial markets, has attracted capital from the rest of the world to USA, and hence it has been able to live with huge deficits...

The last time RIMM faced a serious patent challenge, both the patent  bar and the investment community were sharply focused on the fight and its long-run implications for patent law as well as RIMM itself.  This time, the Visto case looms, but with very little hang-wringing apparent in either community thus far.

The market applauded this week when TSRA announced a patent settlement with one of the many firms that stand accused of infringing Tessera's beseiged patent portfolio.  But no one ought count their chickens yet.  The path toward championing TSRA's patent portfolio is path that favors the company, but it remains long and bumpy.

The on-going wheel-bonusing litigation between Bally and IGT will come to a head this November; and, thanks to a recent ruling by the judge, the same jury will hear not only the patent issues but also BYI's antitrust allegations.

Commentators continue to predict that settlement is around the corner for NOK and QCOM; but the reality of the Delaware case is that it is just another bend in the road, rather than being any serious settlement opportunity.

Use of regulatory rule making and Federal preemption increases the risk and exposure of people to corporate malfeasance without appropriate oversight. Regulatory Agencies do not have the ability to audit the detailed actions of corporations therefore its regulatory oversight does not act as a sufficient control over corporate engineering, marketing and R&D operations. For the most part, regulatory...

As H.L. Mencken once wrote, "There is always an easy solution to every human problem—neat, plausible, and wrong."   Here, based upon a single, uncited study, the author argues that because a "1 percent change in the production of oil produces a 10 percent change in price," oil prices would be reduced by 60 percent if production levels in Iraq were increased to full capacity (thereby adding...

This ruling could be an early indication that we are not ready for automatic Federal preemption.Is this ruling based on sound legal precedent or the the sign of our times with a struggling market?

This bill would limit innovative health insurance products which could actually lower rates for consumers.

Is steering a common practice with brokers/dealers?Will simply stating your investment has a risk be enough to shield brokers/dealers?