* If Obamacare gets struck down, do you think insurance companies will allow children to remain on their parents’ plans until age 26? My Magic 8-Ball says: “Outlook not so good.” [Wall Street Journal]
* There’s no crying in baseball bankruptcy sales! Which Biglaw firms hit a home run for playing a part in the sale of the LA Dodgers? Dewey & LeBoeuf, Foley & Lardner, and Sullivan & Cromwell. [Am Law Daily]
* “Just because you wear a hoodie does not make you a hoodlum.” But a hoodie will definitely prevent you from being recognized on the House floor. Just ask Congressman Bobby Rush. [New York Post]
* Things you can’t do on an airplane? Have a mid-flight nutty. Pilot Clayton Osbon has been criminally charged for his erratic form of in-flight entertainment, and he faces up to 20 years in prison if convicted. [Reuters]
* Guess who’s allegedly been infringing upon a high-end fashion house’s trademarks to the tune of $124M? Gucci was in court yesterday to accuse Guess of engaging in a massive “knock off” scheme. [Bloomberg]
Fricano asserts that the Cleveland Indians are “the arch rival” of the Chicago White Sox. While the two teams maintain a healthy rivalry, this court notes that it is generally accepted, at least among informed baseball followers, that the title of arch rival belongs to the reviled Minnesota Twins, to be shared, during inter-league play, with the Chicago Cubs.
– Judge Joseph Gordon of the Appellate Court of Illinois, First Judicial District, in a fact-checking footnote to Fricano v. Chicago White Sox, Ltd. Marianne Fricano unsuccessfully sued the South Side Chicago baseball team, alleging civil rights violations and other torts, after she was arrested for fighting at a 2004 game against the Indians.
* If the mainstream media is afraid of speaking out against the TSA, it’s only because they’ve gotten used to simply regurgitating the spin fed to them by their precious government sources. [Popehat]
Congrats to Ronan Farrow and all the other members of the Forbes 30 Under 30 list.
* If this is what Forbes is publishing for its “30 Under 30 in Law & Policy,” then Above the Law should publish “20 Legal Leaders Under 20.” Look, here’s a college freshman who takes color-coded notes, keeps an extra raised hand in her purse, and has no womb — she’s a future SCOTUS justice! [Forbes]
* Only in Texas can a judge get paid leave after a video of him beating his daughter’s ass goes viral. Makes you wonder about the kind of crazy sh*t you’d need to do to get stuck with unpaid leave. [KRIS TV]
* A federal judge has ordered Paul Ceglia to return from Ireland to produce more of his hiddendestroyed missing evidence. Oh, Facebook, always trying to steal his lucky charms. [paidContent]
* Memo to the NBA: you know you’re playing on the wrong court, right? On the bright side, at least we don’t have to worry about this happening with the WNBA. Or anyone caring about it if it did. [Bloomberg]
* Joe Francis is suing over a debt dispute and vows to take the it to the Ninth Circuit if he loses. He needs to realize that no one cares about what he does unless it involves boobs. [Washington Post]
* Don’t be fat and then smush a lawyer at Shea Stadium. You’ll break her back, she’ll sue, and you might be known as the guy who got fat people banned from the upper deck. [New York Post]
Nobody ever seems to believe me when I say this, but San Francisco gets chilly. It is cold most of the time. And foggy. The warmest time of year is right now, in late October. If you come to visit in July, and you stay in the city, and you will get cold.
That’s why every San Francisco tourist ever buys those cheesy sweatshirts with “San Francisco” written on them in a font that strangely resembles one of the main logos for our hugely disappointing championship-winning major-league baseball team, the Giants. Actually, it might be exactly the same logo. The baseball team is currently in a trademark dispute with the clothing company from Hayward (Oakland’s smaller, crappier neighbor to the south) over rights to the logo.
But hold on, the Giants have been using it for almost 20 years. They must have gotten the rights locked down years ago, right? Oopsies….
Judge Jed Rakoff appreciates a man who doesn't know what he's doing.
Don’t worry about investing in a Ponzi scheme as long as you are smart or lucky enough to recoup your money before the whole thing falls apart. That is the upshot of U.S. District Judge Jed Rakoff’s decision to significantly limit the amount of money trustee Irving Picard can seek from New York Mets owner Fred Wilpon.
It’s a huge decision. Because a professional sports franchise is involved (and I’m using the term “professional” very loosely when talking about the Mets), how this impacts Wilpon and the team on the field will dominate most of the headlines and discussions about the ruling.
But make no mistake, Judge Rakoff’s ruling will have a major effect on how much money is ever recovered for victims of Madoff’s shenanigans, and could have an effect on the future liability for all investors in Ponzi schemes….
The evolution of relationships between the genders continues. Currently, in law firms, there is an interesting conundrum; balancing the desire for a gender-blind workplace where “the best lawyer gets the work and advances” and the reality of navigating the complicated maze created by the fact that, in general, men and women do possess differences in their work styles. These variations impact who they work with, how they work, how they build professional connections and how organizations ultimately leverage, reward and recognize the talents of all.
Henry Ford sat on his workbench and sighed. A year earlier, he had personally built 13,000 Model Ts with his own hands. Fashioning lugnuts and tie rods by hand, Ford was loath to ask for help. Sure, there were things about the car that he didn’t quite understand. This explains the lack of reliable navigation systems in the Model T. But Ford persevered because he knew that unless he did everything, he could not reliably call these cars his own.
“Unless my own personal toil is responsible for it, it may as well be called a Hyundai,” Ford remarked at the time.
The preceding may sound unfamiliar because it is categorically untrue. And also monumentally stupid. Henry Ford didn’t build all those cars by hand. He had help and plenty of it. Almost exactly one hundred years ago, Henry Ford opened up the most technologically advanced assembly line the world had ever seen. Built on the premise that work can be chopped up into digestible pieces and completed by many men better than one, the line ushered in an age of unparalleled productivity.
Today, an attorney refers business because he can’t do everything the client asks of him.
There are three reasons why this is way dumber than a made-up Henry Ford story…
Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past six years. You can reach them by email: [email protected].
Since late last year, things have been booming in Hong Kong / China in cap markets, especially Hong Kong IPOs. M&A deal flow has recently been getting a bit stronger as well. Although one can’t predict such things with any certainty, all signs are pointing to a banner entire 2014 for the top end US corporate and cap markets practices in Hong Kong / China. This is not really new news, as its been the feeling most in the market have had for a few months now and things continue to look good.
The head of our Asia practice, Evan Jowers, has been in Hong Kong for about 10 days a month (with trips every other month to both Shanghai and Bejing) for the past 7 months, and spending most of his time there meeting with senior US hiring partners at just about all the major US and UK firms there, as well as prospective candidates at all associate levels and partner levels, and when in the US, Evan works Asia hours and is regularly on the phone with such persons, as our the other members of our Asia team. Our Yuliya Vinokurova is in Hong Kong every other month and Robert is there about 5 times a year as well. While we have a solid Asia team of recruiters, Evan Jowers will spend at least some time with all of our candidates for Asia position. We have had long standing relationships, and good friendships in some cases, with hiring partners and other senior US partners in Asia for 8 years now.