Mark Cuban

* The fiscal impasse in our nation’s capital is over! The government shutdown is over! Obamaphones for everyone!!!!! [Washington Post]

* Tim Geithner was recently deposed as part of a lawsuit alleging that the government bailout of AIG was unconstitutional. Muammar Gaddafi was less recently deposed as part of a coup alleging that his female bodyguards were unconstitutionally sexy. [Fox Business]

* Berkeley Bird Beheader begins boot bivouac. [Fox5 Vegas via Las Vegas Law Blog]

* Cory Booker (Yale Law ’97) won a Senate seat last night, promptly bumping Lat from the cover of the next Yale Law alumni magazine. It was the Halloween issue — the annual Boo Haven edition. [ABC News]

* Mark Cuban was acquitted of insider trading charges yesterday. In related news, this basset hound loves fans. [CBS News]

* Brooklyn Law faces a possible debt downgrade from Standard & Poor’s. The school’s unemployed graduates, substandard and poor, have yet to weigh in. [Crain's New York Business]

* In other law school news, Chicago-Kent announces an interesting new initiative (with a Whopper of a name). [IIT Chicago-Kent College of Law (press release)]

So far, our Lawyers of the Month have been a motley crew. Dying helps. So does being incredibly stupid.

But this month we have a lawyer who won our Lawyer of the Month competition just for his old-fashioned practice of the law. Yep, in a month where we had naked people and dead people, an actual legal person won the competition….

double red triangle arrows Continue reading “June Lawyer of the Month: Score One For The Practice Of Law”

Okay, we were really late with the May Lawyer of the Month reader poll. But that was in part because the May candidates were quite dull.

There is nothing dull about the June Lawyer of the Month candidates. I count two candidates who would be runaway winners if they didn’t have to face each other, and two other candidates that would be darkhorse choices to win in any other month.

The scandalous allegations about the June candidates put the sizzle in summer. And no, I don’t know why I wrote that sentence as if I were writing ad copy for Applebee’s…

double red triangle arrows Continue reading “Lawyer of the Month: June Reader Poll”


* You’d think the following would go without saying, but the kids these days need it spelled out, so here goes: If you are Facebook friends with a hostage taker, DO NOT send him status updates alerting him to SWAT team movements during a standoff. [Legal Blog Watch]

* Excellent interview with Mark Cuban’s lawyer, Thomas Melsheimer of Fish & Richardson. [Deadspin]

* Illegal immigrants are everywhere. And… and… it’s no BFD! It hasn’t ruined the country. In fact, Jose Antonio Vargas is a Pulitzer-winning journalist. [New York Times Magazine]

* How lawyers want you to handle it when they send you letters. [Popehat]

* My father used to say: If old white ladies are yelling at you, you must be doing something right. Or something like that. [Althouse]

* I only skimmed through Kash’s thoughts on Anthony Weiner, but I think she just said that if you are not tweeting your boner at people, you are leading a repressed and boring life. Unfortunately, Kash was never molested. [Room for Debate / New York Times]

* Maurizio Levi-Minzi, hiring partner at Debevoise & Plimpton, says that the firm is looking for people who are passionate about something, not necessarily the law. I can, like, vouch for that and stuff. [The Careerist]

* Unlike that Stanford guy, Walter Olson eschews sensational headlines, even though editors can sometimes overrule him. Oh, but as a blogger, I’m required to write this blurb this way: Walter Olson, establishment lapdog, defends the evil Wal-Mart and other enemies of galactic peace. [Overlawyered]

Dear Mark Cuban: after you finish telling Fay Vincent where to stick his outdated and nonsensical opinions on what makes a good owner, please buy the New York Mets. We need you. Now that the Boss is dead, New York sports needs you. Lord knows, you wouldn’t have been stupid/unethical enough to be taken in by Bernie Madoff.

And we now know that if you did get in any sort of legal trouble, you are willing to hire the best lawyers around.

That’s right folks, today Mark Cuban’s lawyers showed themselves to have all of the chutzpah of the Mavericks’ owner himself. They filed a motion to dismiss a longstanding case against Cuban by Ross Perot Jr. Apparently, Junior owns a 5% stake in the Mavericks and has accused Cuban of being “reckless” in his leadership of the team.

Reckless in his leadership of the newly crowned NBA champions, that is.

In any event, Cuban’s lawyers decided to graphically dispute that point in a court document….

double red triangle arrows Continue reading “Lawsuit of the Day: An ‘Eff You’ Motion to Dismiss”

I’d love for Mark Cuban to own my basketball team. He’s a self-made billionaire who focuses on the fans and (for all the bluster) leaves the basketball decisions to basketball people. Compare that to current Knicks Owner James Dolan — a man living off of his daddy’s success, who thinks he’s smarter than he really is, who has run the once-proud Knicks franchise into the ground, and who may be in romantic love with Isiah Thomas. You’d take Cuban any day of the week over little Jimmy.

You’d probably take Cuban as a client as well. Stephen Best, the Dewey & LeBoeuf attorney currently representing Cuban in his SEC insider trading case, seems to be happy with his client. And we haven’t even seen his legal fees.

But if you are one of Cuban’s adversaries, it must be brutal. To paraphrase Rory Breaker, if the milk’s sour, Mark Cuban ain’t the kind of pussy to drink it. NBA referees know that. And SEC attorneys are about to learn the same lesson…

double red triangle arrows Continue reading “Mark Cuban Wants to Pay Government Attorneys to Get Off Their Butts”

Mark Cuban tongue sticking out.jpgWe previously covered the Securities and Exchange Commission’s lawsuit against Mark Cuban. Today brings some good news on that front for the billionaire businessman. From Mark Cuban’s brother, lawyer / blogger Brian Cuban:

Chief Judge Sidney Fitzwater said in a 35-page ruling released Friday that the SEC had failed to prove that Cuban, who owns the Dallas Mavericks, “undertook a duty of non-use of information required to establish liability under the misappropriation theory of insider trading.”

As the SEC has 30 days to amend the complaint, further comment by me would be inappropriate until the deadline has passed.

The complete ruling is here (PDF). Professor Stephen Bainbridge offers more detailed analysis.
SEC Dimissed Lawsuit Against Mark Cuban [The Cuban Revolution]
Mark Cuban Wins a Big Round Against SEC Insider Trading Rap [Professor Bainbridge]
SEC’s Insider Trading Suit Against Mark Cuban Is Dismissed [WSJ Law Blog]
SEC v. Cuban [PDF]
Earlier: Mark Cuban: Meet the SEC