Earlier this week, we wrote about a pair of prominent partners at Skadden Arps who got hit with a big-time benchslap. A federal judge in Chicago issued an order to show cause, requiring the Skadden lawyers to explain why they should not be sanctioned for failing to cite a highly relevant (arguably dispositive) Seventh Circuit case when briefing a motion to dismiss. The judge also set “a status hearing in open court…. [at which the attorneys] are all directed to appear in person.”
The Skadden partners filed a contrite response. They apologized profusely to the court, explained why they viewed the Seventh Circuit as distinguishable, and argued that even though they erred, their conduct didn’t merit sanctions. They announced to the court that they had settled the case in question, with Skadden “contributing to the settlement amount in order to personally redress plaintiffs’ counsel for responding to the motion to dismiss.” (In a classy move, they also extracted their associate from under the bus, explaining that he played no substantive role in the briefing.)
Despite the apology and the settlement, the status hearing went forward as scheduled yesterday. What happened?
On the transactional side, things seem to be going gangbusters for Skadden Arps. As we noted yesterday, the firm took the top spot in three separate rankings of 2012 M&A work. In 2011, a different firm sat atop each set of rankings, but in 2012, Skadden ruled them all.
On the litigation side, though, the new year has brought new headaches for Skadden. Earlier this month, a high-profile partner at the firm, along with another partner and an associate, got hit with a big benchslap. A federal judge issued an order to show cause, asking the Skadden lawyers to explain why they should not be sanctioned, and set “a status hearing in open court…. [at which the attorneys] are all directed to appear in person.” Ouch.
Skadden recently filed its response to the OSC. Let’s review the benchslap, then see what the Skadden lawyers had to say for themselves….
* Sorry Wisconsin, but Judge Sumi’s going on vacation, so you can take your bargaining rights and stick ‘em where the sun don’t shine. Man, I hope she’s going to a place where the sun does shine. [Wisconsin State Journal]
* An NBA referee is suing a sportswriter over a tweet made during a Timberwolves/Rockets game. Seriously? You can’t call a foul just because someone hurt your feelings. [St. Paul Pioneer Press]
* Quinnipiac Law: where being convicted of fraud is a pre-req for employment as the registrar. I guess they must have a work from home option, since Mary Ellen Durso is under house arrest. [Hartford Courant]
* Should all buildings that were damaged in the September 11th attacks be declared landmarks? Probably not — after all, Century 21 was damaged, and that’s just a landmark for crappy couture. [Reuters]
Capturing Somali pirates.
* Arr, me matey. Five Somali pirates were forced to walk the plank. Okay, not really, but it was the first time in 190 years that a U.S. jury convicted a defendant of the peg-legged kind of piracy. [CNN Justice]
* Because common sense is hard for some lawyers, you probably shouldn’t advise your clients to break into their foreclosed homes. You probably shouldn’t break in on their behalf, either. [ABA Journal]
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The holiday season is upon us, and yet again, you have no idea what to get for the fickle lawyer in your life. We’re here to help. Even if your bonus check hasn’t arrived yet, any one of the gifts we’ve highlighted here could be a worthy substitute until your employer decides to make it rain.
We’ve got an eclectic selection for you to choose from, so settle in by that stack of documents yet to be reviewed and dig in…
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