Steve Cohen

  • Morning Docket: 08.17.16
    Morning Docket

    Morning Docket: 08.17.16

    * Ding ding ding, we have a winner: with a bid of $135 million, Univision has prevailed in the auction to buy Gawker Media’s assets (held at the offices of Gawker’s bankruptcy counsel, Ropes & Gray). [Politico]

    * The Ninth Circuit rules that the feds can’t spend money to prosecute people whose actions comply with state medical marijuana laws. [How Appealing]

    * Protip for millennial law students: don’t call your law professor by her first name. [WSJ Law Blog]

    * “Is $88,500 Salary Too Much for a Deputy General Counsel?” (Hint: no.) [Big Law Business]

    * Is it time to rethink antitrust enforcement, especially when it comes to Big Tech? [DealBook / New York Times]

    * Judge Timothy Dooley has been censured by the Alaska Supreme Court for his rude remarks in open court. [Alaska Dispatch News]

    * Hedge-fund billionaire Steve Cohen can’t trade in CFTC-regulated commodities markets until 2018, as part of a settlement with the commission. [Bloomberg]

    * Sigfredo Garcia, one of the two men accused of killing law professor Dan Markel, isn’t getting bond just yet. [Tallahassee Democrat; WCTV]

  • Morning Docket: 01.12.16
    Morning Docket

    Morning Docket: 01.12.16

    * Based on reading the oral-argument tea leaves, it sounds like the Supreme Court is about to school the teachers’ unions (and public-sector unions more generally). [How Appealing]

    * Ring in the new year by making the register ring: a slew of Biglaw firms have secured (presumably lucrative) engagements working on the proposed $32 billion merger between drug makers Shire Plc and Baxalta Inc. [American Lawyer]

    * By a vote of 82-6, and after a wait of more than 400 days, the Senate just confirmed Judge Luis Felipe Restrepo to the Third Circuit, making him the first Hispanic federal judge from Pennsylvania to sit on that court. [Associated Press]

    * Good news for fantasy-sports fans: it’s not (yet) “game over” for DraftKings and FanDuel, thanks to a stay issued by a New York appellate court. [Bloomberg News]

    * And bad news for student-loan-saddled law grads (like our own Shannon Achimalbe) who were hoping that SCOTUS might make it easier to discharge such debts through bankruptcy. [Wall Street Journal via ABA Journal]

    * Does Sean Penn face legal risk for his interview of El Chapo, the infamous Mexican drug lord? [ABA Journal]

    * A former federal prosecutor just secured a six-figure settlement and reinstatement from the Justice Department. [National Law Journal]

    * U.S. Attorney Preet Bharara — who came so, so close to winning Lawyer of the Year honors — announced that Governor Mario Cuomo is off the legal hook for his controversial shutdown of the Moreland Commission, a panel aimed at investigating public corruption. [Law360]

    * Avvo is starting to roll out a service featuring fixed-fee, limited-scope legal services through a network of attorneys (and Bob Ambrogi has the scoop). [Law Sites]

    * Professor Peter J. Henning explores the implications of the end of the government case against hedge fund magnate Steve Cohen. [DealBook / New York Times]

  • Biglaw, Drugs, Gay, Gay Marriage, Hedge Funds / Private Equity, Morning Docket, New Jersey, Partner Issues, SCOTUS, Supreme Court, Wall Street

    Morning Docket: 11.06.13

    * “Some discrimination’s okay. It’s only certain kinds that aren’t good.” We’ve got a feeling we know which side the Supreme Court will come out on when it comes to the Mount Holly Gardens case in New Jersey, so fare thee well, Fair Housing Act. [MSNBC]

    * Hallelujah! After last month’s miraculous news of this troubled firm finding a savior in Cooley LLP, the Left-Behinders of the Dow Lohnes partnership ranks are counting their blessings as they slowly but surely find new homes elsewhere. [Am Law Daily]

    * After a political process that’s lasted for ages, now all that’s needed is the governor’s signature, and then Illinois will become the 15th state to officially have legalized same-sex marriage. Hooray! [New York Times]

    * Lawyers for accused Boston Marathon bomber Dzhokhar Tsarnaev are annoyed that access to their client has been limited by jailhouse rules. A judge will slap down their motion next week. [National Law Journal]

    * Bring it on: To keep things “simple,” prosecutors have dropped two felony charges against Kent Easter, the lawyer who allegedly planted drugs on a PTA volunteer at his son’s school. [Navelgazing / OC Weekly]

    * What does SAC Capital’s $1.2 billion settlement with the government mean for the hedge fund industry? [DealBook / New York Times]

  • Sponsored

  • Antonin Scalia, Bloomberg, D.C. Circuit, Death Penalty, FDA, Football, Gay, Gay Marriage, Insider Trading, Non-Sequiturs, Technology

    Non-Sequiturs: 07.23.13

    * The D.C. Circuit has banned the import of Sodium Thiopental, putting a crimp in the plans of any state looking to administer lethal injections. This is where Delaware has it right… no one is going to outlaw rope. [The Volokh Conspiracy] * Steve Cohen didn’t read 89 percent of his emails. In his defense, “I think I’m guilty of insider trading” and “I am a Nigerian Prince” are probably both getting caught by the spam filter. [DealBreaker] * Sequestration has put the pinch on the rights of indigent federal defendants to receive legal representation. But at least our airlines are shielded from hardship. [PrawfsBlawg] * “Just as Justice Scalia predicted in his animated dissent, by virtue of the present lawsuit, “the state-law shoe” has now dropped in Ohio.” [USA Today] * Wire Lawyer is running a competition among law school alumni to see which schools are the most technologically progressive. What do you know, people from Seattle and California are winning a technology competition. [Wire Lawyer] * Hall of Famers Art Monk and Darrell Green have joined the movement to get Washington to stop using the ‘Redskins’ name. [ESPN] * Bloomberg takes a look at the legal controversy brewing around unpaid internships. Video after the jump… [Bloomberg Law via YouTube]
  • 5th Circuit, Arnold & Porter, Edith Jones, Election Law, Insider Trading, Non-Sequiturs, Racism, Tax Law

    Non-Sequiturs: 06.10.13

    * The first rule of Insider Trading Club is, you do not send discoverable e-mails about Insider Trading Club. [Dealbreaker] * Arnold & Porter staged a mock Olympics last time around. Now we’re just waiting for the other shoe to drop and we learn that the antitrust group was doping. [Washington Post] * Georgetown Law student Bindhu Parmathi crowned Miss District of Columbia! She will go on this September to participate in the Miss America pageant (aka “The pageant that Donald Trump doesn’t own). [The Examiner] * To recap: TSA took the stance that knives should be allowed on planes, but balked at fictional Jedi weapons. Yay America! [Lowering the Bar] * Illinois passes some of the strictest fracking regulations in the country. That’s a reference to hydraulic fracturing. Not just dropping Battlestar Galactica references. [Breaking Energy] * Indiana thinks it can discipline lawyers for criticizing a judge via private email. I would say that’s an insane misreading of the law, but I don’t want to get disciplined in Indiana, which sounds like the terrible prequel to Fifty Shades of Grey (affiliate link). [The Indiana Lawyer] * Five businessmen take off their pants to protest taxes. This is a bad precedent. I don’t want to see any of these Tea Party folks take off their pants. [TaxProf Blog] * Congrats to ATL reader Alicia Long, as well as co-author Jayne Jones, on publishing their new book Capitol Hell. [Amazon (affiliate links)] * The Judge Edith Jones incident should raise the national concern to improve diversity on the bench. But it won’t. [Judicial Clerk Review] * More follow-up on CBS’s improper campaign ad totally objective news documentary “Brooklyn D.A.” [New York Daily News] * If fans in the front row of your concert start holding out papers for you to grab, DON’T DO IT! Unless you want to get sued. Video after the jump, courtesy of Gawker…
  • Biglaw, Christopher Christie, Divorce Train Wrecks, Drinking, DUI / DWI, Gay, Gay Marriage, Law Schools, Melvyn Weiss, Milberg Weiss, Morning Docket, New Jersey, Partner Issues, SCOTUS, Supreme Court

    Morning Docket: 04.04.13

    * “Beware of conservatives bearing gifts.” While there may be a federalism argument to be made in the DOMA case, it’s really about discrimination. It’s too bad some are afraid to stand up and say that. [Opinionator / New York Times]

    * Sooo… was Melvyn Weiss, founder of Milberg LLP, really old, really drunk, or really old and drunk when he allegedly recited part of the alphabet as, “H, I, L, M, N, O, P, Q, R, S, T, U, V, W, S, X, U, V, W, S, I, C”? [Am Law Daily]

    * “Can’t fire me, I quit” moments are much better when they involve partners. Ogletree’s ex-VP was asked to leave over a dispute with another lawyer, so he resigned. [Thomson Reuters News & Insight]

    * The U. of Arizona is thinking about lowering tuition by 11% for in-state students and 8% for out-of-state students. On behalf of your indebted students, MOAR doing and less thinking. [Arizona Republic]

    * The only thing that’s worse than allegations of insider trading is having your ex-wife’s post-divorce suit reinstated. This is really the last thing Steve Cohen needs right now. [DealBook / New York Times]

    * Earlier this week, Governor Chris Christie banned minors from using tanning beds without parental consent. Fare thee well, GTL. Young Jersey Shore wannabes must be weeping. [Clarion Ledger]

  • Alan Dershowitz, Bar Exams, Gloria Allred, Jeffrey Toobin, New Jersey, Non-Sequiturs, Pets, Violence, Wall Street

    Non-Sequiturs: 11.20.12

    * Better late than never: congratulations to everyone who passed the New Jersey bar exam. You’re just in time to get in on some Sandy class-action litigation. [New Jersey Board of Bar Examiners] * Congratulations to all the honorees from the National Asian Pacific American Bar Association conference in D.C. last weekend — including, but not limited to, the Best Lawyers Under 40 awardees. [NAPABA] * And congrats to Professor Sherrilyn Ifill, incoming president and director-counsel of the NAACP Legal Defense & Educational Fund, Inc. [Concurring Opinions] * Does every bra made in America have Gloria Allred’s phone number sewn into it? [WSJ Law Blog] * Who is “Portfolio Manager A” in the latest major insider-trading scandal? [Dealbreaker] * You don’t need to be a dog lover to find these allegations abhorrent. [Alabama Live] * Want to avoid dating Democrats (or Republicans)? There’s an app — okay, two websites — for that. [Jezebel] * After the jump, Jeffrey Toobin and Alan Dershowitz discuss Obamacare…. Toobin is the author of The Oath (affiliate link). Dersowitz is the new owner of a $1.7 million Manhattan apartment. Their conversation took place last Friday, November 16, at the 92nd Street Y.

Sponsored

  • Biglaw, Blogging, Dewey & LeBoeuf, Drinking, Facebook, Football, JPMorgan Chase, Law Schools, LSAT, Non-Sequiturs

    Non-Sequiturs: 05.14.12

    * Andrew Sweat claims fear of concussions made him hang ‘em up and go to law school. I’m not saying he shouldn’t be scared of football, I’m saying he should be worried about law school, too. [Deadspin] * Studying for the LSAT helps your brain. No really. It can even make you smart enough to avoid law school all together. [LSAT Blog: Ace the LSAT] * Looks like Jamie Dimon decided to send in The Wolf. [Dealbreaker] * How famous do I have to be before weight loss companies compete to make me take their diets for free (plus hire me a personal trainer) so they can say their weight loss program “works”? Surely, I’m fat enough. [WSJ Law Blog] * Instead of making laws against bullying, parents could also be less lazy and just learn how to use Facebook. [Orlando Sentinel] * Lawyer on lawyer name-calling. [Legal Newsline] * Hey, you’re going to be able to buy liquor on Sundays in Connecticut. Cool. Good to see that laws based entirely on weird, religious tradition are being found to be stupid. [WTNH] * This is a fun time to think about law firm branding, don’t you think? Sorry, let me make that a little more clear: Dewey think this is a fun time to think about law firm branding? [Law and More] * Looking ahead to the Facebook IPO in Blawg Review, which is also posted on Facebook this week. [Preaching to the Perverted via Blawg Review]