On Tuesday, I wrote about my own student loan debt. And how someone needs to do something quick about it before it, and things, get out of control. It took a great deal of personal responsibility on my part to own up to the fact that the government needs to bail me out. While I agonized over the decision of whether to come out against my own financial ruin, I eventually decided that if I could save one student from a lifetime of crippling debt, one adult from poverty, one person from pawning off their Billy Ripken f**kface baseball card just to buy eggs, well… I hope that one person is me.
In related news of Randian pluck and rugged individualism, America’s baseball teams have been swallowed whole by a hungry horde of destitute billionaires. The latest in this very proud lot is the Ricketts family, who bravely spent close to a billion dollars of someone else’s money to buy the Chicago Cubs. This week brought news that the clan may move the Cubs out of Wrigley Field, their home and frat boy toilet for close to one hundred years. And why is such an iconic urinal being threatened?
Because the owners of the Cubs don’t have as much money as they pretend to have. And because someone must pay. And that someone is someone else.
Ed. note: This post appears courtesy of our friends at Techdirt. We’ll be sharing law-related posts from Techdirt from time to time in these pages.
At times, there’s no one in a more unenviable position than the chairman of the FCC. When not dealing with larger issues like net neutrality and wireless competition, you’re at the beck and call of every member of an Overly Concerned Citizens’ Group that feels the need to start a letter-writing campaign any time an expletive hits the airwaves.
Bono fired off an f-bomb at the Grammys and someone let Nicole Richie make the most of her what-am-I-for fame by giving her a microphone and allowing her to explain how difficult removing cow shit from a Prada purse is. The Second Circuit Court of Appeals has twice found the FCC’s rules on so-called “fleeting expletives” to be a violation of the First Amendment. That, of course, matters little to angry letter writers who somehow believe The Children will be encouraged to swear by potty-mouthed celebs…
* You’d think an intellectual property firm would know better than to commit copyright violations. [Law 360]
* Good news, law students! You can get a casebook for the low, low price of $200! [PrawfsBlawg]
* Rachel Ray sued for negligence in trying to help a teen lose weight. If the goal was weight loss, Rachel should have just forced the girl to exclusively eat from Rachel Ray’s cookbook. Nothing can turn someone off eating like that. [US Weekly]
* Roger Ebert has died at the age of 70. A great critic (his audio commentary track on the Citizen Kane DVD is amazing), whose work with the late Gene Siskel basically defined film criticism for a generation. At least now we know how we will be judged when we die — a simple thumbs up, thumbs down from Gene and Roger. [Chicago Sun-Times]
* Exploring the link between baseball’s antitrust exemption and Roe v. Wade. It’s more than just saying the Royals are an abortion of a team. [Concurring Opinions]
* “Bring me the head of the person who did this”: the best closing to a C & D letter ever. [Popehat]
* A Rutgers-Camden 3L breaks down the looming sh*tstorm at Rutgers over basketball coach Mike Rice’s treatment of players. [The Legal Blitz]
* If you’ve pulled off a successful robbery, don’t taunt the victim from a traceable phone. I mean, act like you’ve been there before, man. [Legal Juice]
* It is a little funny to say that a city is looking for weaker swimmers to serve as lifeguards, but ultimately this represents the simplistic nature of the anti-affirmative-action argument: no one is saying lifeguards shouldn’t be qualified, just that a system that only privileges a strong swimming résumé will always result in affluent white kids with 10 years of swim classes getting these jobs. [Volokh Conspiracy]
* Lawyers are often jerks, but this is a new twist. Help out a lawyer trying to make it in the small-batch, artisan jerky business.[Kickstarter]
* Maybe there aren’t actual Commies at Harvard Law School, but the ratio of liberals to conservatives/libertarians on the faculty is still extremely high. [Nick Rosenkranz]
* Ben Weiss suggests that the third year of law school be replaced by special certifications in practice areas. He calls these “O’Wendells.” I like the idea, but the name sounds dirty. If he really wants to keep with the SCOTUS theme, he could just call it a “Bushrod.” [St. Louis Post-Dispatch]
* A guide to the legal landscape surrounding high-frequency trading (the new fad of super-fast, computer-driven trading algorithms swapping stocks in split-seconds). Good, because I like my trading like I like my women: capable of collapsing economic markets at any given notice. [New York Law Journal]
* In fairness to this judge accused of “inappropriate conduct” with an inmate, the Miami Correctional Facility is considered the most romantic correctional facility in America. [RTV6 ABC]
* Man suing a church and some of its staff after being invited to a service and then allegedly being accused of demonic possession and beaten. In fairness to the church, if the man was really the devil, filing a lawsuit is the most logical means of revenge he could employ. [Legal Juice]
You’ll have to excuse me if this post comes off a bit more confused or muddled than it usually does. It’s being written amidst the swirl and din of Valentine’s Day preparations. This year, I’m making dinner which I thought would be the easier (read: cheaper) option. Listen, there’s a reason I’m poor. And it’s not because I’m secretly a genius. This is the dumbest thing I’ve done. Just got back from the grocery store, where I spent a small fortune on one (still hypothetical) meal. Have I mentioned I can’t cook? This is a Hindenburgian disaster and I wish I could blame my girlfriend or the Valentine’s Industrial Complex. Maybe love itself for the way it blinds you to your inability to measure up, if only briefly. But no, none of these are the likely culprit. As I already said, there’s a reason I’m poor. A reason I’m financing a T14 debt burden on a TTT salary. I’m humble enough to admit that the only reason I continue to make bad decisions is a simple one: I think my mom smoked crack while she was pregnant with me.
Vince Young is broke. Or, he may be broke. At any rate, Vince Young is currently financing a Pro Bowl debt burden on a waiver wire salary.
[T]he risk of being hit in the face by a hot dog is not a well-known incidental risk of attending a baseball game.
– Presiding Judge Thomas H. Newton of the Missouri Court of Appeals (Western District), writing for the majority, and noting that a fan cannot be said to have assumed the risk of injury via flying hot dog by attending a baseball game.
(For some background information, in 2009, Kansas City Royals fan John Coomer’s retina was torn and detached after he was hit in the face with a foil-wrapped hot dog that was thrown by the team mascot.)
Celebrity opinions are the worst. On this, I think we can all agree. Unlike our pundit class, celebrities have very few advanced degrees and are never held to account for their prognostications. When a talking head on TV or the internet or even books gets something wrong, he’s fired immediately. The marketplace of ideas demands nothing less. Someone more inclined to bad puns would say that as a marketplace, being fired for being wrong is more than laissez… fair.
And so we hate celebrities mouthing off like they are wont to do because they don’t get fired from their jobs when they’re wrong. This is especially true of the sports world, where the famous people not being fired for voicing opinions also represent our favorite teams, like the Chicago Bears. Or even our least favorite teams, like the Syracuse Orangemen.
Syracuse basketball coach Jim Boeheim spoke out about gun control this week because a bunch of children were murdered recently and a bunch of microphones were stuck in his face. The men holding the microphones said, “Hey Jim, let’s talk sports.”
Jim didn’t want to talk sports. Let’s talk sports….
Jiminy jillickers! ATL editors are going all over the place over the next month or so. Or at least all over the Eastern Seaboard. If we aren’t heading to your neck of the woods on these trips, never fear, we may hit you up on the next time around. We’ve already hit up Houston, Chicago, Seattle, San Francisco, and Los Angeles in the past year.
Kinney Recruiting’sEvan Jowers is currently in Hong Kong for client meetings and still has a few slots available through October 22. Evan will also be in Hong Kong November 14 to December 15. Further, Robert Kinney has been in Frankfurt and Munich this week and is available for meetings with our Germany based readers.
One of our key law firm clients has referred us to one of their important clients in the US, Europe and China – a leading global technology supplier for the auto industry – in order to handle their search for a new Asia General Counsel and Asia Chief Compliance Officer.
Kinney is exclusively handling this in-house search.
This position will have a lot of responsibility and include supervision of eight attorneys underneath them in the Asia in-house team. The new hire will report directly to the global general counsel and global chief compliance officer, who is based in the US. The new hire’s ability to make judgement calls is going to be as important as their technical skill set background.
The position is based in Shanghai and will deal with the company’s operations all over Asia and also in India, including frequent acquisitions in the region.
It is expected that the new hire will come from a top US firm’s Shanghai, Beijing or Hong Kong offices, currently in a top flight corporate practice at the senior associate, counsel or partner level. Of course, the candidate can be currently in a relevant in-house role.
The JOBS Act created new tools for companies to publicly advertise securities deals online. As a result, thousands of new deals have hit the market and hundreds of millions in capital has been raised, spurring a wealth of new business development opportunities for attorneys.
Fund deals, startup capital raises, PIPE deals and loan syndicates are just a handful of the transactions benefiting from the JOBS Act. InvestorID FirmTM is a platform designed to help attorneys equip their clients with the workflow, marketing and compliance tools to publicly solicit a securities offering online. By providing clients with the tools to painlessly navigate the regulatory landscape of general solicitation, InvestorID FirmTM helps attorneys add value above just legal services.
The Jumpstart Our Business Startups Act (JOBS Act) went into effect in 2013 and permits Regulation D offerings of securities to be advertised publicly. This means that funds and companies can now use social media, emails and web sites to market transactions to new “accredited” investors.
However, with these new powers come new pain points. InvestorID FirmTM provides a secure, fully hosted, cloud-based platform with a breadth of tools for your clients, including: