Libor

Morning Docket

Morning Docket: 05.31.16

* Do not mess with federal judges: Shortly after presumptive Republican presidential nominee Donald Trump criticized Judge Gonzalo Curiel of the Southern District of California at a political rally by calling him a "hater," the judge ordered that internal Trump University documents from a consumer fraud trial be unsealed. [POLITICO] * The Clark County Defenders Union that represents Zohra Bakhtary condemned Judge Conrad Hafen in an open letter, writing, "[h]andcuffing an attorney who is merely doing her job to teach her a lesson is simply improper and has never been done in the history of Nevada." [WSJ Law Blog] * When we last checked in with Stephen DiCarmine, Dewey's ex-executive director, he told a judge that due to financial constraints, he'd like to represent himself at retrial. Now, he's hired Rita Glavin of Seward & Kissel for the job. [DealBook / New York Times] * Uh-oh... Mossack Fonseca, the law firm behind the Panama Papers leaks, announced via Tweet its plans to close offices in several offshore tax havens. The firm will shutter offices in the island nations of Jersey, Gibraltar. and the Isle of Man. [VICE News] * Who knew a Libor-rigging trial could be so exciting? Former Barclays trader and criminal defendant Ryan Reich was scolded by a judge after he interrupted a co-defendant's testimony with shouts of "no, no, no, no." [Big Law Business] * Cassandra Q. Butts, former deputy White House counsel and longtime friend and advisor to law school classmate President Barack Obama, RIP. [Washington Post]

By Staci Zaretsky
Erwin Chemerinsky

Non-Sequiturs: 07.26.12

* When thinking of the Penn State situation (the alleged cover-up, not Jerry Sandusky’s crimes), I am reminded of how critically important due process is to the proper administration of justice. You really notice due process when it’s gone. [The Volokh Conspiracy] * I haven’t eaten at Chick-fil-A since college. Nohomo. [Fox News] * It’s funny to think of law professors getting their pieces rejected by law reviews. Funny insofar as there are people who actually care about what ends up in a law review. [lawprofblog] * I’m not inclined to believe things coming out of Nigeria, but if this is true, it’s crazy. [Gawker] * The bright side of losing your job because of the LIBOR scandal. [Dealbreaker] * Erwin Chemerinsky, Dean of the University of California Irvine School of Law, thinks that you can’t cut faculty salaries enough to achieve substantial reductions in tuition without losing your top faculty. But in this market, I bet a law school that said, “We hire only cheap professors and pass the savings on to you,” would have a lot of appeal. [National Law Journal]

By Elie Mystal
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By Barbri
Bankruptcy

Morning Docket: 07.13.12

* “I think this is destined to fail.” People are not happy with the proposed settlement plan for former Dewey partners, but who are they kidding? These people don’t exactly like to part with money — not even to hand out bonuses. [Am Law Daily (sub. req.)] * Andrew Levander, a partner at Dechert LLP, is representing ex-Barclays chief executive Bob Diamond. Diamond hasn’t been charged with anything, but this white-collar defense lawyer’s apparently been on his side since 2010. [WSJ Law Blog] * Money talks: lawyers and law firms are the top donors by industry to presidential campaign funds, with Kirkland & Ellis leading for Romney, and DLA Piper for Obama. [Capital Business Blog / Washington Post] * Escándalo! Louis Freeh’s report revealed that PSU’s “seriously deficient” counsel billed a whopping 2.9 hours on an incident involving Jerry Sandusky’s locker room shower with a young boy. [Centre Daily Times] * But here’s where the football chatter comes in (not that I know a lot about football): legal experts say Freeh threw an “incomplete” with this report, because it didn’t go far back enough in time. [New York Daily News] * Sorry, lady, but you didn’t need to attend a Justin Bieber concert for his music to allegedly cause permanent damage to your ears to the tune of $9M. All you really needed to do was turn on the radio. [Chicago Tribune]

By Staci Zaretsky