* An interesting account, by former Dealbreaker editor (and Skadden lawyer) John Carney, of behind-the-scenes arguments between the SEC and the U.S. Attorney’s Office over Rajat Gupta, pal of Raj Rajaratnam. [NetNet / CNBC]
* A legal loss for the Naked Cowboy — guess his briefs weren’t good enough. [Huffington Post]
Judge Jack Camp
* What should you do if you’re an associate who thinks your firm is going down, a la Howrey? Here are some practical tips. [Vault]
* By the time ex-Sidley associate Tyler Coulson completes his hike across America, “food will cost twice as much! Gasoline will be $5! Charlie Sheen will be running for office in California (and be elected)!” [Funny Business / CNBC]
* Ms. JD’s fourth annual conference on women in law is coming up next month. [Ms. JD]
It was quite shocking last October when word first surfaced that then-federal judge Jack Camp, at the time a senior judge for the Northern District of Georgia (Atlanta), might have indulged in cocaine, marijuana, and sex with a prostitute. The charges were hard to believe, especially given Judge Camp’s judicial office.
But, as it turned out, there was some truth to the allegations. In November, Judge Camp pleaded guilty to criminal charges stemming from his role in a scandal that involved drugs, guns, sex, and a stripper named Sherry Ann Ramos.
Now new information has come to light that makes Judge Jack Camp’s behavior perhaps more understandable, even if still illegal….
We’ve covered in loving detail the alleged misadventures of Judge Jack Camp (N.D. Ga.). As you may recall, Judge Camp is the Atlanta federal judge who stands accused of purchasing and enjoying illegal drugs. And purchasing — and presumably enjoying — illegal sex, from an exotic dancer named Sherry Ann Ramos.
Last month, Judge Camp’s attorney stated that His Honor planned to plead not guilty. The possibility of seeing Judge Camp back in the courtroom, but maybe in an orange jumpsuit rather than a black robe, got us all excited.
But it now appears that the judge has had a change of heart. Much to the dismay of trial-seeking AUSAs around the country, defendants plead, they always plead….
In December 2008, then-Chief Judge Jack Camp (N.D. Ga.) gave an interesting interview to the Fulton County Daily Report. In explaining his decision to enter the semiretired state available to certain federal judges known as senior status, Judge Camp said that senior status would allow him to do some things “I really want to do, but never had a chance to do.”
Things like cocaine, marijuana, oxycodone, and a prostitute named Sherry Ann Ramos — if law enforcement allegations are to be believed, that is. (Everyone is presumed innocent until proven guilty, especially the exalted legal deities known as Article III judges, and Judge Camp’s attorney has stated that His Honor plans to plead not guilty.)
Let’s behold the hottie who may have been been the Georgia jurist’s downfall — and hear from some folks who have interacted with Judge Camp….
I am not surprised by the bust of Judge Camp, considering the last trip I took with him. We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a saltshaker half-full of cocaine, and a whole galaxy of multi-colored uppers, downers, screamers, laughers . . . Also, a quart of tequila, a quart of rum, a case of beer, a pint of raw ether, and two dozen amyls. Not that we needed all that for the trip, but once you get into locked a serious drug collection, the tendency is to push it as far as you can. The only thing that really worried me was the ether….
There’s no indication that the 67-year-old Judge Camp tried ether. But if the allegations of law enforcement are to be believed, Learned Paw / Hunter S. Thompson is not far off the mark.
According to the criminal complaint in the case, Judge Camp used a wide range of controlled substances — in the company of an exotic dancer / prostitute, who turned out to be a confidential informant….
According to news reports out of Atlanta, which have been confirmed by U.S. Marshal Richard Mecum, Senior Judge Jack Camp (N.D. Ga.) has been arrested on federal drug charges by the FBI. He’s scheduled to appear in court later today.
Nominated to the federal bench by President Reagan, Judge Camp has been a judge for a long time — over two decades, since 1988. He has presumably presided over countless drug cases. If Judge Camp ends up pleading guilty to anything, that will be one interesting Rule 11 colloquy.
Average law school debt for graduates of private universities hovered around $122,000 last year. With only 57% of new attorneys actually obtaining real lawyer jobs, recent graduates have a lot to consider when it comes to managing their student loan payments. Thanks to our friends at SoFi, today’s infographic takes a look at student loan debt, including the possible benefits of refinancing for JDs…
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: