Securities and Exchange Commission
-
Baseball, Constitutional Law, Federal Circuit, Google / Search Engines, Movies, Non-Sequiturs, Patents, Richard Posner, Securities and Exchange Commission, Technology, Television, Women's Issues
Non-Sequiturs: 09.12.13
* The hits keep on coming for Curt Schilling. Now the SEC has woken up and decided to probe the $75 million he secured from the state of Rhode Island (already the subject of another suit). Maybe he can fake another bloody sock to generate some sympathy. [Bloomberg] * Apple sold a “Season Pass” to Breaking Bad Season 5 and then refused to honor the second half of the season to its subscribers, prompting an Ohio doctor to file suit for $20, with hopes of building a class action. Look, Apple needed that money; Tim Cook is desperate these days. [Deadline: Hollywood] * Speaking of Apple, the Federal Circuit looks like it’s going to give Apple another crack at its claim that Google ripped off the iPhone patents, citing “significant” errors on the part of the last judge to rule on the dispute: Richard Posner. You come at the king, you best not miss. [Wall Street Journal] * And last, but definitely not least, Apple’s new fingerprint ID will be the death of the Fifth Amendment. Discuss. [Wired] * A film chock-full of unsanctioned footage and insulting knocks on Disney has been picked up for distribution. This is your official warning that it’s time to prepare the beauty pageant pitch for the Disney execs. [Grantland] * Elie smash, Charlotte Law School. [NPR Charlotte] * The International Association of Young Lawyers conference will feature a speed dating session (on page 6). Really hard-hitting program there. [International Association of Young Lawyers] * Congratulations to the 49 firms honored for meeting all of WILEF’s criteria for Gold Standard certification at today’s awards gala! [Women in Law Empowerment Forum] -
Banking Law, Craigslist, DUI / DWI, Free Speech, Guns / Firearms, Jed Rakoff, Non-Sequiturs, Politics, Securities and Exchange Commission, Securities Law
Non-Sequiturs: 09.10.13
* How low can the legal market go? Manhattan firm lists full-time associate opening for $10/hr. “NY to 10.” (Screenshot here if the ad is removed). [Craigslist] * Iowa is giving out gun permits to the blind. Sadly this is not a new phenomenon as David Sedaris explained years ago. [FindLaw] * Business Insider has fired its CTO because… he’s a jerk. An important lesson in what free speech does and doesn’t mean. [Popehat] * A UNC professor pulled over for a DWI has sparked a Fourth Amendment battle because she was arrested by a fire truck. [Fox News] * Banks facing SEC enforcement actions are basically just spinning a roulette wheel and praying it doesn’t land on “Rakoff.” [Ramblings on Appeal] * On a related note, Senator Elizabeth Warren spoke at the AFL-CIO conference and discussed the corporate capture of the federal courts (at 1:23:45 after the jump)… - Sponsored
Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
The rise of remote work has dramatically reshaped the relationship between Lawyers and Law Firms, see how Scale LLP has taken the steps to get… -
Gay, Gay Marriage, International Law, Non-Sequiturs, Securities and Exchange Commission, Women's Issues
Non-Sequiturs: 09.06.13
* If you’re still hankering to read up on the legality of the impending intervention is Syria, here’s a thorough bibliography. This should keep you busy for a while. [Lawfare] * The re-sentencing of the teacher who got 30 days for raping a 14-year-old girl was blocked today by the Montana Supreme Court as outside the authority of the trial judge. We'll see how this resolves itself. Remember, if you outlaw taking advantage of troubled 14-year-old girls, only outlaws will take advantage of troubled 14-year-old girls. [NBC News] * Attorney and New York public official Christine Quinn charged in prescription drug scandal. Oh. Wait. Not that Christine Quinn. [Times Union] * An SEC attorney files a serious lawsuit about the investment managers who collapsed the economy. Unfortunately, the suit is against the SEC itself for allegedly retaliating against the attorney when she recklessly suggested the SEC do its “job.” [Courthouse News Service] * What’s the most dangerous state to live in? Check out this interactive graphic. Fun fact: you’re most likely to get the Clap, Chlamydia, and then get murdered in Washington, D.C. Ah, Washington. [Top Masters in Health Care] * Today in Bizarro Land, “feminists” are now arguing against birth control. They also really enjoy “Blurred Lines” now. [The Guardian] * Rhode Island’s proposed marriage equality bill might include a provision allowing for-profit vendors to opt out of serving gay couples based on homophobia personal beliefs. Imagine how well letting businesses opt out of anti-discrimination laws would have worked in taking down segregation. [Huffington Post]
-
Guns / Firearms, Intellectual Property, Non-Sequiturs, Patents, Securities and Exchange Commission, Shinyung Oh
Non-Sequiturs: 08.08.13
* PepsiCo can no longer label its Naked juices as “natural” because the only place you can find more unnatural substances in something naked is in a Vivid Video production. [New York Daily News] * The New Yorker shines a light on the world of civil asset forfeiture. In honor of Shark Week, the article should have spent a lot more time on the United States v. Approximately 64,695 Pounds of Shark Fins case. [The New Yorker] * Thomas J. Kim, the Chief Counsel and Associate Director of the Securities and Exchange Commission’s Division of Corporation Finance since 2007, is going to be a partner at Sidley Austin. Don’t let the revolving door hit you on the way out! [Bloomberg Businessweek] * Whatever happened to Shinyung Oh, author of the incendiary Paul Hastings departure memo? An update. [Capricious Bubbles] * 10 reasons lawyers say the prosecutors botched the George Zimmerman trial. [AlterNet] * As we predicted, the four patent litigation partners leaving Finnegan, as well as six other IP lawyers, are joining Winston & Strawn. [Winston & Strawn] * How do you react when colleagues endorse you on LinkedIn for skills you don’t practice? Take a look… -
Goldman Sachs, Jury Duty, Quote of the Day, Securities and Exchange Commission, Securities Law, Trials, Wall Street
Jurors Don't Have 'Fabulous' Things To Say About Fabrice
Fabrice Tourre is not-so fabulous in the minds of his jurors. -
Antonin Scalia, Bar Exams, Crime, Gay, Religion, Securities and Exchange Commission, Securities Law
Slow News Week of Satire and Ho-Hum Courtroom 'Drama'
The Week in Review for one of the slowest news weeks in a while. -
2nd Circuit, Biglaw, D.C. Circuit, Insider Trading, Judicial Nominations, Media and Journalism, Morning Docket, Securities and Exchange Commission, Securities Law, Senate Judiciary Committee
Morning Docket: 07.25.13
* It’s just business as usual: Amid accusations of liberal court-packing, D.C. Circuit nominee Nina Pillard faced questions on abortion and religion during her testimony before the Senate Judiciary Committee. [USA Today]
* Biglaw isn’t as dead as we’ve been told and made to believe. Some of the largest firms are actually doing quite well, says American Lawyer’s editor-in-chief, who’d like her job to retain some meaning for now. [Am Law Daily]
* Fried Frank knew that it’d take a banker to pull the firm from its monetary funk, so it picked up David Greenwald, deputy general counsel of Goldman Sachs, to act as co-chair through 2015. [New York Law Journal]
* With the change in SEC policy, from allowing companies to use neither-admit-nor-deny language, to forcing them to admit guilt in “egregious” cases, lawyers may soon be very busy. [Corporate Counsel]
* Raj Rajaratnam is a firm believer in the “three strikes and you’re out” theory of law. A month after the Second Circuit affirmed his insider trading conviction, he’s asking for a rehearing en banc. [Bloomberg]
-
Intellectual Property, Law Schools, Morning Docket, Musical Chairs, Securities and Exchange Commission, Securities Law, Sex Scandals, Texas
Morning Docket: 07.24.13
* Bernard Knight Jr., general counsel of the U.S. Patent and Trademark Office, will be taking his intellectual property talents to McDermott Will & Emery as a new — and rather cute — partner. Congratulations! [Corporate Counsel]
* The Securities and Exchange Commission has charged a Texas man in a Monopoly money Bitcoin-related Ponzi scheme. Unfortunately for him, the associated jail time for the crime isn’t virtual. [Wall Street Journal (sub. req.)]
* When applying to law school, it’s wise to have a unique personal statement topic. But considering the application cycle, you could probably get away with writing “LOL” and still get into the school of your choice. [Law Admissions Lowdown / U.S. News]
* Russia has granted NSA leaker Edward Snowden a pass to leave the Moscow airport’s transit zone. Be prepared to welcome borscht into your life, and be sure to always say spasibo. [Associated Press]
* Sorry folks, but Carlos Danger, more popularly known as Anthony Weiner, won’t be pulling out of the New York City mayoral race. I, for one, would love to see his AMAs on Reddit. [New York Times]
* It looks like Aaron Hernandez shot himself in the foot when lawyering up for a civil suit where he’s accused of shooting someone in the eye. His attorney specializes in banking litigation. [USA Today]
- Sponsored
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
How to best leverage generative AI as an early adopter with ethical use. -
Biglaw, Lateral Moves, Musical Chairs, Partner Issues, Securities and Exchange Commission, White-Collar Crime
Which Biglaw Firm Won the Robert Khuzami Lottery?
The revolving door spins again, for better or worse. -
Arent Fox, Bankruptcy, Biglaw, Education / Schools, Family Law, In-House Counsel, Law Professors, Law Schools, Morning Docket, Pro Bono, Securities and Exchange Commission, Securities Law, Student Loans
Morning Docket: 07.22.13
* Though she be but little, she is fierce! Under Mary Jo White’s guidance, the Securities and Exchange Committee is now cracking down on financial fraud with a vengeance. [DealBook / New York Times]
* When a Biglaw firm’s chairman skeptically says, “Uh, OK, I mean, maybe,” with regard to a future increased demand for legal work, you know things are bad. We’ll have more on this later today. [New Republic]
* With Detroit’s downfall, vultures are swooping in left and right to snag clients. Firms retained thus far include Weil Gosthal, Arent Fox, Kirkland & Ellis, Winston & Strawn, and Sidley Austin. [Reuters]
* “I’m not a 100% sure this is legal.” Two law professors have come up with a revolutionary way for law students to finance legal education that sounds like it just might work. [WSJ Law Blog (sub. req.)]
* Normally when Biglaw firms and legal departments go to court over contested litigation, something’s gone wrong, but this summer, they’re trying to do some good in the world. [National Law Journal]
* Soon, it’ll be known as Western Michigan University Thomas M. Cooley Law School, but even with a new name, you’re still going to be Cooley, and there’s no recovery from that. [Lansing State Journal]
* In Greenwich, Connecticut, the fact that people buy homes where they want their kids to go to school isn’t a “complicated concept.” The schools’ racial diversity, on the other hand, is. [New York Times]
-
Elena Kagan, Fashion, Labor / Employment, Mergers and Acquisitions, Non-Sequiturs, Patents, Securities and Exchange Commission, Supreme Court
Non-Sequiturs: 06.13.13
* How often are you sitting around wondering about all the legal ins-and-outs of the assassination of James Garfield? Wonder no more. [The Legal Geeks] * A love poem with citations to the U.C.C. You know, if you never plan on getting laid again. [Law Poetry] * Justice Kagan dials 867-5309. [Slate] * Underage models in New York are now covered by child labor laws. In related news, American Apparel stops making any ads whatsoever. [Fashionista] * When a bank nixes your merger, just go ahead and do it another way and bury the bank’s opinion. There’s not much the SEC can do about it anyway. [Dealbreaker] * Pepper Hamilton’s Nina Gussack is making it rain. [The Careerist] * Eric Posner has no beef with the NSA. [Constitutional Daily] * States: The New (Patent) Troll Slayers [Slate] -
Bernie Madoff, Money, Quote of the Day, Securities and Exchange Commission, Securities Law, Wall Street
Who's the Idiot Now, Bernie?
This infamous Ponzi schemer has some advice for the SEC. -
Drugs, General Counsel, In-House Counsel, James Comey, Morning Docket, Securities and Exchange Commission
Morning Docket: 05.30.13
* Obama nominates a Bush Republican to head the FBI. James Comey was on all sorts of Bush short lists. Kumbaya. [New York Times]
* A nice summer reminder: this woman didn’t recover damages from Great Adventure water ride injury. Here’s another reminder: Six Flags destroys Disney. [New Jersey Law Journal]
* NASDAQ gets BTCHSLAPD. [National Law Journal]
* Meanwhile, Total Oil is also getting slapped by the SEC. Looks like somebody over there ate their Total. [Breaking Energy]
* The “elitist white boy” approach to law enforcement gets called out. Bobby Rush is now my hero. [Talking Points Memo]
* Darius Kingsley, a former Treasury official, is the new co-general counsel of JPMorgan’s commercial bank. [Corporate Counsel]
* Florida Governor Rick Scott can’t randomly drug test all state workers. I’d be in favor of random drug testing for Rick Scott voters. [Reuters]
Sponsored
The Business Case For AI At Your Law Firm
Early Adopters Of Legal AI Gaining Competitive Edge In Marketplace
Navigating Financial Success by Avoiding Common Pitfalls and Maximizing Firm Performance
Sponsored
Legal AI: 3 Steps Law Firms Should Take Now
Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve
-
Bankruptcy, Biglaw, Books, Crime, Department of Justice, Dewey & LeBoeuf, Federal Judges, Job Searches, Law Schools, Litigatrix, Morning Docket, Partner Issues, Securities and Exchange Commission, Securities Law, Trials, Women's Issues
Morning Docket: 05.08.13
* “Is there a public interest in unwanted pregnancies … that can often result in abortions?” The judge who ordered that Plan B be made available to all women regardless of age is pissed at the DOJ. [The Caucus / New York Times]
* Mary Jo White, the littlest litigatrix, will “review” the Securities and Exchange Commission’s policy of allowing financial firms to settle civil suits without affirming or denying culpability, but for now, she’s defending it. [Reuters]
* Dewey know what this failed firm is supposed to pay its advisers for work done during the first nine months of its bankruptcy proceedings? We certainly do, and it’s quite the pretty penny. [Am Law Daily]
* In a round of musical chairs that started at Weil Gotshal, Cadwalader just lost the co-chairs of its bankruptcy practice and another bankruptcy partner to O’Melveny. [DealBook / New York Times]
* Another day, another law school comparison website. Take a look at Law Jobs: By the Numbers, which includes a formula from the laughable National Jurist rankings system. [National Law Journal]
* In a move that shocked absolutely no one, attorneys for Colorado movie theater shooting suspect James Holmes announced they will enter a plea of not guilty by reason of insanity for their client. [CNN]
* From the “hindsight is 20/20″ file: the judge who presided over the Casey Anthony trial thinks there was enough evidence to convict the ex-MILF. He also likened Jose Baez to a used car salesman. [AP]
* Check out Logan Beirne’s book (affiliate link). Even when sensationalizing George Washington’s rise from general to president, attention must be paid to the rule of law. [Wall Street Journal (sub. req.)]
-
Biglaw, Death Penalty, Department of Justice, Eric Holder, Law School Deans, Law Schools, Money, Morning Docket, Politics, Securities and Exchange Commission
Morning Docket: 04.23.13
* The Department of Justice announced federal charges against suspected Boston bomber Dzhokhar Tsarnaev yesterday, leaving the decision of whether the death penalty will be sought in Eric Holder’s hands. [National Law Journal]
* Andrew Ceresney, most recently of Debevoise, was appointed to run the SEC’s enforcement bureau alongside George Canellos, an agency veteran. Maybe they’ll both be able to boost morale. [DealBook / New York Times]
* “[T]he best way to find Albany on a map is to look for the intersection of greed and ambition.” Preet Bharara is mad as hell about corruption, and he’s not going to take it anymore. [New York Law Journal]
* If Anthony Weiner decides to join the New York City mayoral race, partners from Am Law 200 firms will be responsible for his second coming thanks to their pre-wiener scandal funding. [Am Law Daily]
* “It’s done. Turn the page. The distraction is over.” The new dean of St. Louis University’s law school would like to move forward from the “slow-motion train wreck” of years past. [St. Louis Post-Dispatch]
-
Alex Kozinski, Confirmations, Crime, Drugs, Gay Marriage, Intellectual Property, Securities and Exchange Commission, Sports, Trademarks
Non-Sequiturs: 04.08.13
* Thieves made off with 5.5 tons of Nutella. Damn you Danny Ocean! [CBS News] * Don’t try to play Baseketball in Canton, Ohio. [Legal Juice] * The SEC finally allows companies to distribute disclosures via social media. Welcome to the 21st Century, SEC. [IT-Lex] * Speaking of the SEC, Mary Jo White was confirmed by the Senate. [Fox Business] * Judge Kozinski: “Can I get an oy vey up in here?” [COLLive] * Kentucky is just all kinds of screwy. Lawyer jailed for not turning over documents/running drug ring. [AP] * Energy law was number two in law firm activity this quarter. For the billionth quarter in a row, Third Amendment law failed to crack the top 10. [AOL Energy] * Ha! “Thus, it seems that (as has so often occurred in IP law) the focus on the problems of copyright and patent has allowed trademark law to engage, unsupervised, in a great deal of mischief.” [Law of Fashion] * Just a reminder: Legalizing gay marriage does not end discrimination. [National Law Journal] -
Civil Rights, Copyright, Gay Marriage, Non-Sequiturs, SCOTUS, Securities and Exchange Commission, Securities Law, Sex, Supreme Court, Video games
Non-Sequiturs: 03.27.13
* First the law school rankings, now urine-based video games? It’s been a whirlwind week of heavy journalism for U.S. News. [U.S. News] * Did you ask for a diorama of the Supreme Court? Because I did… [Washington Post] * What do SCOTUSblog and “Girls” share in common? If you guessed that Tom Goldstein spends most of his day at the office naked, you’re (probably) wrong. [Peabody Awards] * Casinos have systematically driven men out of the bartending and cocktail serving market. They use a fig leaf to protect themselves from Title VII… apparently literally. [Workplace Prof Blog] * Dartmouth professor Sonu Bedi argues that same-sex marriage is really about the separation of church and state. You say potato, I say egregious denial of basic rights. [Huffington Post] * UBS trying to get out of an SEC case. Color me surprised. [Dealbreaker] * Central New Mexico Community College does not want to hear that sex talk. It makes Sol the Suncat sad. [Popehat] * As mentioned before, there’s a new legal dispute over whether or not Sherlock Holmes has lapsed into the public domain. Alex Heimbach of Slate puts the case under the proverbial magnifying glass. [Slate] -
Biglaw, Elena Kagan, Gay, Gay Marriage, Law Professors, Law Schools, Mergers and Acquisitions, Midsize Firms / Regional Firms, Morning Docket, Ruth Bader Ginsburg, SCOTUS, Securities and Exchange Commission, Supreme Court
Morning Docket: 03.20.13
* OMG! Get ready to have a lawgasm, because the Supreme Court is going to be releasing same-day audio recordings from oral arguments during next week’s gay marriage cases: Proposition 8 and the Defense of Marriage Act. [National Law Journal]
* “Way to go, Justice.” Justices Ruth Bader Ginsburg and Elena Kagan work out with a personal trainer who’s got a client list that would make Article III Groupie swoon — and he just so happens to be a records manager at D.C.’s federal court. [Washington Post]
* Debevoise & Plimpton’s littlest litigatrix, Mary Jo White, sailed her way through the Senate Banking Committee with a vote of 21-to-1. Her nomination to lead the SEC will now head to the full Senate. [DealBook / New York Times]
* “Our 2012 numbers aren’t as good as we would have liked.” Gee, ya think? From attorney headcount to gross revenue to profits per partner, just about everything was down in 2012 for Fried Frank. [Am Law Daily]
* Eckert Seamans will be merging with Sterns & Weinroth, adding 17 partners and seven associates to its ranks. Someone please come up with the semen joke so I don’t have to. [Philadelphia Business Journal]
* As if Inside the Law School Scam weren’t candid enough, Professor Paul Campos sat down for an interview to discuss how to make an informed decision when considering law school. [U.S. News & World Report]
-
Guns / Firearms, Law Schools, Lindsay Lohan, Non-Sequiturs, Patents, SCOTUS, Securities and Exchange Commission, Securities Law, Supreme Court, Technology
Non-Sequiturs: 03.18.13
* A former general counsel has settled a case with the SEC alleging a slew of backdated options. It was suspicious when all the options were backdated to October 30, 1929. [ABA Journal via The Recorder] * “If Microsoft Shuts Down Google Maps In Germany, How Does That Benefit The Public?” Um, it makes it harder for them to find Poland! Duh. [TechDirt] * Senator Ted Cruz is having a rough go of it in the Senate. He’s already been publicly ripped by fellow Republicans John McCain and Lindsey Graham. Then he raised the ire of Senator Diane Feinstein, who has exactly zero patience for his crap. [Jezebel] * Based on the description, HLN is licking its chops. [Craigslist] * Supreme Court bobbleheads! I’m particularly impressed by Justice Brandeis riding the railroad. [Justices For Sale] * To get yourself wound up for March Madness, here’s a fictional lawyer bracket from Constitutional Daily. Jack McCoy didn’t even make the field so this won’t be a repeat of the Above the Law winner. [Constitutional Daily] * Lifting the amazing disappearing cloak over merit scholarships. [TaxProf Blog via National Jurist] * Lawyer cited as the good guy in a punchline. Hurray! [OMFG Meme] * Video after the jump of Lindsay Lohan showing up late for court, and getting a surprise gift from the crowd… -
Election Law, Morning Docket, Securities and Exchange Commission
Morning Docket: 03.13.13
* Hey, they actually found one instance of voter fraud. By a nun. I can’t wait for the GOP to try to construct an entire argument for restrictions on voter access based on this case. [Talking Points Memo] * Defense attorneys can go to jail for lying? In Detroit? Mind: blown. [Washington Post] * The […]