James R Birle, Jr

Title: Innovations by James R Birle, Jr.

Introduction

James R Birle, Jr. is an accomplished inventor based in Summit, NJ (US). He holds 2 patents that reflect his innovative contributions to the field of finance. His work primarily focuses on convertible financial instruments, showcasing his expertise in creating solutions that benefit both issuers and holders.

Latest Patents

One of his notable patents is for "Convertible financial instruments with contingent payments." This invention provides incentives for holders to keep the instruments outstanding, allowing issuers to maintain flexibility and control over the maturity date and settlement of the instrument. The design enables issuers to deduct an amount for tax purposes that approximates the true economic cost of the financial instrument. Additionally, the instrument may include provisions for contingent payments, which can encompass contingent interest, preferred distributions, contingent principal, dividends, and other payouts based on specific formulae calculations. For instance, contingent payments may be triggered when the trading value of the convertible instrument exceeds a predetermined value or when the price of another financial instrument meets certain criteria.

Career Highlights

Throughout his career, James has worked with prominent organizations, including Bank of America Corporation. His experience in the financial sector has significantly influenced his innovative approach to financial instruments.

Collaborations

James has collaborated with notable professionals in his field, including David K Dolan and Jeffrey N Edwards. Their combined expertise has contributed to the development of innovative financial solutions.

Conclusion

James R Birle, Jr. continues to make significant strides in the field of finance through his innovative patents and collaborations. His work on convertible financial instruments demonstrates his commitment to enhancing financial flexibility and efficiency.