* Is Ashley Madison (the dating site for adulterers) a scam? [Forbes]
* Ah, the real reason Hosni Mubarak finally stepped down. [Slate]
* These are the kind of epic meltdowns that happen when hedge fund folks tangle with Bess Levin. [Dealbreaker]
* Which law firm claims to embrace diversity while one of its partners — a woman who was once married to a gay man, by the way — goes on TV to bash GOProud (a prominent gay conservative group)? [Pam's House Blend]
* Speaking of law firms and LGBT issues, why is it taking so long for WilmerHale partner Edward DuMont, the first openly gay nominee for a federal appeals court in U.S. history, to get a hearing? [The BLT: The Blog of Legal Times]
Egyptian President Hosni Mubarak has finally decided to step down. We should all be thankful that this has been a relatively “bloodless” coup. We should all take notice of a middle eastern regime change that didn’t require the use of American armed forces. We should all wish the people of Egypt the best of luck as they forge ahead into their uncertain future. And we should all pray that in the end Egypt continues on its moderate path of relating to Israel and the west.
That last part is key. Sure, by the end Mubarak was like the guy who won’t leave your house after the Super Bowl party. We’ve all been there. The people of Egypt tried everything you or I have tried in that situation: “Dude, it’s getting late, I have to work in the morning,” “No, really, I can handle the dishes by myself,” “Seriously brah, if you’re here when my wife wakes up she’s going to be pissed.”
But despite his inability to take a hint, Mubarak was still our friend. There’s no guarantee that the next guy will be.
In fact, who is the next guy? We know that Vice President Omar Suleiman is technically in charge now. And many suspect that actually there is a general with a gun who is really in charge. But who is supposed to be in charge? (This is starting to sound like Howrey.)
Seems to me, once God stopped “anointing” people, He created lawyers to answer just this kind of a question…
* If the Muslim Brotherhood gains power in Egypt, they will impose sharia law. Just like Oklahoma! [ABC Online]
* Lindsay Lohan took to Twitter to announce that she “was not raised to lie, cheat, or steal.” Well, nature it is. [msnbc.com]
* Arizona is suing the federal government over the porous border. Mr. Obama, build us a wall! [Reuters]
* Barry Bonds, he of the enormous dome piece, had the number of felony charges against him dropped to five. Hauling that gargantuan cranium about. I’m not kidding, that boy’s head is like Sputnik. [ESPN]
* Foreign journalists risking their lives to cover the story in Egypt should remind everybody why we have to pay for reporters. [Huffington Post]
* The California Supreme Court will soon decide whether or not it wants to decide anything on Prop 8. [Poliglot / Metro Weekly]
* A tipster has the credited blurb: “When J. Crew has made [a shirt saying 'Lower East Side'], has the Lower East Side jumped the shark? Further side note: if you buy said shirt from J. Crew, a shark should jump you.” [Bowery Boogie]
* If you are an allegedly greedy Wall Street banker, is the only jury of your peers composed of 12 other potentially greedy Wall Street bankers? [WSJ Law Blog]
If Mr. Met owned the Mets would things really be any worse?
* Is anybody really surprised that the Wilpons are having trouble finding people to buy a minority stake in the Mets? It’s an awful franchise that is poorly run that plays home games in Queens — why would you want a minority stake in that? Why… why didn’t God make me a Yankee fan? [Dealbreaker]
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: