For my purposes today, I want to construe "financial infrastructure" very broadly, to include not only the "hardware" components of that infrastructure--the physical systems on which market participants rely for the quick and accurate execution, clearing, and settlement of transactions--but also the associated "software, " including the statutory, regulatory, and contractual frameworks and the business practices that govern the actions and obligations of market participants on both sides of each transaction.
Liberals praise diversity but generally urge courts to permissively construe the Constitution in order to validate federal power to impose continental uniformities.
The judge studied them as if we were asking him to construe the entire U.S. Constitution.
Once scary financial news falls on deaf ears, you can begin to construe the next bull market.
The plan evidently is to construe these entities as somehow separate from and outside of Russian government control or "sovereign" risk.
It would be easy to construe these as isolated cases of innovation and industry change, but I believe they represent much more: a mutation in capitalism itself.
" Toward this end, Koh believes that, in several circumstances, it is "appropriate for the Supreme Court to construe our Constitution in light of foreign and international law.
In answering that question we must, if "fairly possible, " construe the provision to be a tax rather than a mandate-with-penalty, since that would render it constitutional rather than unconstitutional (ut res magis valeat quam pereat).
Therefore, the executive branch will construe section 2262 not to abrogate these Presidential prerogatives.
His admirers construe this as a courageous adherence to unchanging principles, but there is another way of looking at it.
Even if the lawyers insisted the sequester must apply to "PPAs" per se, the budgeteers could formally construe PPAs in ways that preserve a work-around.
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