Frankly, this is as garden-variety a breach-of-promissory-note case as there is.
Consider the feverish note-taking of AOL founder Steve Case --now a major land developer in Hawaii--when social observer Malcolm Gladwell noted how often consumers misdirect because they do not know what they desire.
The wonder of a currency board is that it is not meant to allow the authorities any discretion at all: in Hong Kong's case, the three note-issuing commercial banks may print money only by surrendering equivalent dollars to the monetary authority at the set rate.
Piper Jaffray analyst Gene Munster asserts in a research note that the long-term impact of the case on the progress of Android will be limited.
In the case of the bullish two-year note, you get three times the market's return but only for the first 12% to 35% of the market's return.
Note the College Network case also involved rival publishers of education-related materials.
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Taking note of this case, the IRS doesn't acknowledge--or deny--that it blew off Kuglin's requests, but says she remains liable for the taxes plus civil penalties, even if she is no longer facing jail and fines.
In that case the debt-like features of a convertible note are much less attractive for an investor than traditional equity.
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In response, a pessimist might note that Texas is appealing a ruling in another capital case that the defendant received inadequate counsel -- when, indisputably, his lawyer slept through much of the trial.
They also note Obama's use of executive privilege to prevent the release of certain documents in the Fast and Furious case -- a move which typically makes executive branch officials immune from criminal prosecution.
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