First, the discipline imposed by the debt rule would have to bite gradually, rather than all at once, allowing time for corrective action, and avoiding sudden rollover crises so the plan calls for overlapping tranches of short-term debt.

ECONOMIST: Could banks police each other?

The appeals court held that the agency had misinterpreted both the law governing patent term length and a clause barring the double-counting of overlapping prosecution delays.

FORBES: Novartis Challenges USPTO Patent Extension Policy