Reynolds's Feed
Jul 30, 2013
via Breakingviews

“Fab” Tourre verdict can only make SEC look bad

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By Reynolds Holding
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

 

Any verdict in the trial of Fabrice “Fabulous Fab” Tourre can only make the Securities and Exchange Commission look bad. Lawyers for the former Goldman Sachs banker seem sure the U.S. regulator has blown it. But even a win would only highlight the watchdog’s failure to bag a high-level bank boss.

Jul 25, 2013
via Breakingviews

SAC staffers take the bullet meant for Cohen

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By Reynolds Holding
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Staffers at SAC Capital Advisors are taking the bullet meant for their billionaire boss, Steve Cohen. Seemingly unable to nail the hedge fund founder for insider trading, U.S. prosecutors have thrown the book of criminal charges at his firm instead. There’s too much spite mixed in with the justice.

Jul 2, 2013

Apple-Samsung patent clash more standoff than war

(The author is a Reuters Breakingviews columnist. The opinions
expressed are his own.)

By Reynolds Holding

NEW YORK, July 2 (Reuters Breakingviews) – Apple’s (AAPL.O: Quote, Profile, Research)
patent clash with Samsung (005930.KS: Quote, Profile, Research) is looking more like a
standoff than a war. As the iPhone maker waits for its Korean
rival to pay last year’s $600 million verdict, the tech giants
are inching toward another trial next year, and maybe even a
third. Such judicial delay pushes patent holders to sue overseas
or sell their rights to so-called trolls.

Jun 13, 2013
via Breakingviews

U.S. justices square the helix on gene patents

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By Reynolds Holding
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

The U.S. Supreme Court has managed to square the helix on human gene patents. The justices ruled on Thursday that companies can hold exclusive rights to synthetic DNA molecules but not naturally occurring ones. The unanimous decision should allow biotechnology companies to reap rewards for their work without stifling the research of others.

Jun 5, 2013
via Breakingviews

Apple patent case exposes trade arbiter’s flaws

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By Reynolds Holding
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

 

A patent ruling against Apple exposes serious flaws with America’s trade arbiter. A U.S. ban on imports of older iPhones and iPads is a big win for rival Samsung – and yet another example of the International Trade Commission being too quick to block products on dubious grounds. President Barack Obama has proposed tightening ITC standards. He could start by nixing this decision.

May 15, 2013

Wall Street could use some court consistency

(The author is a Reuters Breakingviews columnist. The opinions
expressed are his own.)

By Reynolds Holding

NEW YORK, May 15 (Reuters Breakingviews) – Are insider
traders guilty if they don’t know whether a source was paid? Is
it securities fraud if a lie creates no personal gain? In New
York, it all depends on the judge presiding. With the fates of
SAC Capital hedgies, a former Citigroup (C.N: Quote, Profile, Research) banker and others
hanging in the balance, Wall Street could use some consistency
from the courts.

May 8, 2013

Breakingviews-New Skilling sentence puts watchdogs in hot seat

(The author is a Reuters Breakingviews columnist. The opinions
expressed are his own.)

By Reynolds Holding

NEW YORK, May 8 (Reuters Breakingviews) – Jeffrey Skilling’s
shorter sentence could put America’s financial watchdogs in the
hot seat. The former Enron chief executive may get a decade
sliced from his 24-year prison term. But he’ll still serve more
time than just about anyone behind the financial crisis. Unlike
Skilling’s conduct, Wall Street’s misdeeds may not have been
criminal. That won’t stop critics of the U.S. Justice Department
from baying for banker blood.

May 2, 2013
via Breakingviews

Google shooting blanks in smartphone patent wars

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By Reynolds Holding
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Google is shooting blanks in the smartphone patent wars. Buying Motorola Mobility and its cache of inventions was meant to shield the search giant’s Android operating system from legal attack. But judges and regulators are defusing the patent arsenal, saying the underlying technology must be licensed on reasonable terms. While bad for Google shareholders, it’s a bonus for innovation.

May 2, 2013

Breakingviews-Google shooting blanks in smartphone patent wars

(The author is a Reuters Breakingviews columnist. The opinions
expressed are his own.)

By Reynolds Holding

NEW YORK, May 2 (Reuters Breakingviews) – Google (GOOG.O: Quote, Profile, Research) is
shooting blanks in the smartphone patent wars. Buying Motorola
Mobility and its cache of inventions was meant to shield the
search giant’s Android operating system from legal attack. But
judges and regulators are defusing the patent arsenal, saying
the underlying technology must be licensed on reasonable terms.
While bad for Google shareholders, it’s a bonus for innovation.

Apr 22, 2013

U.S. courts make mark in Argentina creditor spat

(The author is a Reuters Breakingviews columnist. The opinions
expressed are his own.)

By Reynolds Holding

NEW YORK, April 22 (Reuters Breakingviews) – U.S. courts
have made a clear mark in Argentina’s spat with holdout
creditors. Judges have, unusually, tried to broker a deal
between the Latin American nation and hedge funds still
objecting to debt swaps last decade. Ordering Argentina to honor
its agreements and pushing other countries to clarify theirs
were also useful moves. Elliott Management affiliate NML Capital
and other hedgies are winning this case, but the rule of law is
coming out ahead.

    • About Reynolds

      "Reynolds Holding is a Breakingviews columnist who writes from New York about the law in conjunction with Reuters Legal. Before joining Breakingviews, he was a national editorial producer for the Law & Justice Unit at ABC News, a senior writer for Time magazine and the executive editor of Legal Affairs, the first general interest magazine about the law. He spent more than a decade as an investigative reporter and columnist for The San Francisco Chronicle, where he was named a Pulitzer Prize finalist for explanatory writing. Before becoming a journalist, he practiced corporate law at the New York firm of ..."
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