Securities and Exchange Commission
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2nd Circuit, Biglaw, Divorce Train Wrecks, Holidays and Seasons, Jed Rakoff, Morning Docket, Nude Dancing, SCOTUS, Securities and Exchange Commission, Social Networking Websites, Supreme Court, Twittering, Women's Issues
Morning Docket: 12.28.11
* How many of these suggested New Year’s resolutions should the members of the Supreme Court consider following? Eight out of ten resolutions wouldn’t be too shabby. [Huffington Post] * Like a virgin, detained for the very first time: thanks to this court order, Egypt will be forced to come out of the dark ages […]
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Guns / Firearms, Law Firm Mergers, Law Schools, Morning Docket, Murder, Securities and Exchange Commission, Unemployment, Violence
Morning Docket: 12.16.11
* A man on trial for sex crimes at a Minnesota courthouse allegedly shot three people yesterday, including prosecutor Timothy Scannell. Guess it’s time to get a metal detector. [Duluth News Tribune] * Instead of trying to force Citigroup’s hand on a tougher settlement, the SEC is appealing Judge Rakoff’s rejection of the original. Don’t […]
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FDA, Hair, Morning Docket, Pictures, SCOTUS, Securities and Exchange Commission, Sentencing Law, Sex, Shoes, Supreme Court, Television, Women's Issues, You Go Girl
Morning Docket: 12.07.11
* Should the Supreme Court be forced to televise oral arguments? Yes, but only on the condition that we get spin-off shows called Wise Latina Justice and Ruthie’s Law. [WSJ Law Blog] * Rod Blagojevich won’t get leniency during sentencing. He’ll spend the next week lamenting the fact that can’t brush his beautiful hair like […]
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Abortion, Bankruptcy, Biglaw, Constitutional Law, Dewey & LeBoeuf, Health Care / Medicine, Insider Trading, Lindsay Lohan, Money, Morning Docket, SCOTUS, Securities and Exchange Commission, Supreme Court
Morning Docket: 11.09.11
* Yet another appeals court has has ruled that Obamacare is constitutional. Aww, can’t we wait for the other side to catch up a little before it goes to the Supreme Court? [Wall Street Journal] * How did it go for this controversial ballot initiative? As it turns out, the personhood amendment was so stupid […]
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Biglaw, Lawsuit of the Day, Partner Issues, Securities and Exchange Commission, Securities Law
Lawsuit of the Day: Everyone's A Loser in Tamman v. Nixon Peabody
A few years ago, the law firm of Nixon Peabody came up with a catchy jingle to celebrate its own fabulosity. You can listen to the song here, in case you've never heard it. The chorus went as follows: "Everyone's a winner at Nixon Peabody!" Alas, a recent lawsuit filed against Nixon Peabody by a former partner at the firm, David Tamman, does not put the firm in a very winning light. Instead, it just makes everyone look bad.... -
Celebrities, D.C. Circuit, Douglas Ginsburg, Federal Judges, Feeder Judges, Intellectual Property, Law Schools, Madonna, Non-Sequiturs, Religion, Securities and Exchange Commission, Trademarks, Wall Street
Non-Sequiturs: 09.02.11
* Judge Douglas Ginsburg (D.C. Cir.) is taking senior status and joining the NYU Law faculty. Query how this will affect his feeding (and no, we’re not talking about New York versus D.C. restaurants). [The BLT: The Blog of Legal Times] * “Two Examples of Things Not to Say When You’re at Your Local IRS […] -
American Constitution Society (ACS), Ann Althouse, Fast Food, Law Schools, Money, Non-Sequiturs, Securities and Exchange Commission, Student Loans, Technology
Non-Sequiturs: 08.26.11
* What can law firms learn from Folgers crystals? Maybe how to provide legal services rich enough to be served to America’s finest corporations. [What About Clients?] * A look at what $100,000 in law school loans could have purchased instead — e.g., 505,050 chicken nuggets from Wendy’s. [Constitutional Daily] * What kind of “reasonable […] -
Craigslist, Food, Law Professors, Law Schools, Securities and Exchange Commission, Sex Scandals, Technology
Non-Sequiturs: 08.12.11
* The Kardashians may be “America’s rightful overlords,” as Marin so memorably put it, but even they must respect intellectual-property laws. [Fashionista] * Congratulations to the Best LGBT Lawyers Under 40 (class of 2011). Perhaps you know some of the inductees? [National LGBT Bar Association] * In less cheerful LGBT news… another day, another Republican […] - Sponsored
Legal AI: 3 Steps Law Firms Should Take Now
If 2023 introduced legal professionals to generative AI, then 2024 will be when law firms start adapting to utilize it. Things are moving fast, so… -
Biglaw, Crime, Fast Food, Gay, Gay Marriage, Insider Trading, Kids, Labor / Employment, Mergers and Acquisitions, Securities and Exchange Commission, Securities Law, Wall Street, White-Collar Crime
Matt Kluger, Ex-Biglaw Associate Charged With Insider Trading, Is A Gay Dad -- and Once Sued Fried Frank Over It
“Aww, Matt, why do you have to go around giving us a bad name?” Ever since Matthew Kluger was charged in a massive insider trading case, involving an alleged conspiracy that spanned 17 years and generated more than $32 million in profit, the foregoing question could be asked by many groups: Cornell grads, NYU law […] -
Death Penalty, Deaths, Morning Docket, S.D.N.Y., Securities and Exchange Commission, Securities Law, U.S. Attorneys Offices
Morning Docket: 03.09.11
* The opening of the RaJabba Rajaratnam trial will be gripping, apparently. [Reuters] * The S.E.C. is being attacked again about its ethical standards. It’s not like these problems started with Cam Newton. I mean, the S.E… what’s that? The Securities and Exchange Commission? What? No, I don’t even know what that is. What does […]
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Books, In-House Counsel, Litigators, Securities and Exchange Commission, Securities Law, Shameless Plugs, Wall Street
Inside Straight: FAS 5 Fracas
Ed. note: This is the latest installment of Inside Straight, Above the Law’s column for in-house counsel, written by Mark Herrmann. First, a shameless plug; then, back to business. The plug: I’ll be giving my “book talk” about The Curmudgeon’s Guide to Practicing Law in several locations in the next couple of weeks, including in […] -
Dewey & LeBoeuf, Mark Cuban, Securities and Exchange Commission, Securities Law
Mark Cuban Wants to Pay Government Attorneys to Get Off Their Butts
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 […] -
Health Care / Medicine, Musical Chairs, Non-Sequiturs, Scott Black, Securities and Exchange Commission
Non-Sequiturs: 10.14.10
* A federal judge allows state challenges to Obamacare go forward. Whatever, wake me up in 15 years when we have to have the single-payer debate again. [Wall Street Journal] * The purpose of teaching lawyers how to act isn’t to help them become better liars. [End Scene, Exit Right]. [Underdog] * “It’s okay in […]
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Pornography, Securities and Exchange Commission
Colorado Partner Wants To Expose Porn Lovers at the SEC
A number of attorneys at the SEC were not getting enough stimulation from their securities work, so they turned to porn. Lots and lots of porn — one attorney ran out of room on his computer and had to start storing his porn on CDs and DVDs in boxes in his office, according to the […] -
Pornography, Securities and Exchange Commission
Securities Law Not Sexy Enough, So SEC Attorneys Turn To Porn
While the economy was in freefall, an attorney at the SEC had a crisis of a different kind: his work computer had run out of room for his porn stash. Thankfully, this was more easily solved than the mystery of Madoff’s returns. The SEC headquarters senior attorney, who spent up to eight hours a day […] -
Lawsuit of the Day, Richard Klapper, Securities and Exchange Commission, Securities Law, Wall Street
SEC Accuses Goldman Sachs of Hypocrisy in Civil Suit
The Securities and Exchange Commission filed a civil suit against Goldman Sachs this morning. According to the SEC, Goldman is guilty of taking a “do what I say, not what I do” approach to mortgaged-backed securities. Well, d’uh. That’s why Goldman isn’t suckling on the federal teat right now. The SEC claims Goldman sold a […] -
Quote of the Day, Securities and Exchange Commission, Securities Law
Quote of the Weekend: Bad Math
They’re overlawyered. They’re poisoned by lawyers. — Harry Markopolos, on what’s wrong with the SEC. -
Banking Law, Conferences / Symposia, Federalist Society, Securities and Exchange Commission, Wall Street
Regulation of Financial Institutions
We continue our lateblogging of the Federalist Society’s 2009 National Lawyers Convention. The conversations at the conference are always interesting. As far as we’re concerned, this has to be one of the most painless ways to rack up CLE credits. Here’s the next panel discussion that we attended: Regulation of Financial Institutions Hon. Paul S. […] -
Exercise, Kids, Running, Securities and Exchange Commission, Securities Law
'Run, Forrest, Run!' (And then go get a J.D.)
The New York City marathon happens this Sunday. We know many lawyers who will be running it, and we wish them luck. The marathon did not impose a minimum age until 1981 (16, raised to 18 in 1988). Pegged to the upcoming marathon, the New York Times had a fascinating article earlier this week about […] -
Biglaw, Securities and Exchange Commission, Wall Street
The Mainstream Media Is Aware That Law Firms Exist, Right?
Will the mainstream media ever hold law firms accountable for their roles in the global financial crisis? Probably not. Relatively speaking, only a small sector of society understands that Biglaw firms played a significant role making “toxic assets” lucrative and legal. Without attorneys, bankers wouldn’t know their tranches from their enhancements. Too few people can […]