* A Texas court overturned Tom DeLay’s conviction on money laundering charges. DeLay immediately thanked Jesus, who played an instrumental role in the three judge panel’s deliberations. [New York Times]
* Eric Holder has eliminated mandatory minimum sentences for those low-level nonviolent drug offenders whose cases are currently pending. In related news, here is a cow riding a razor scooter. [Washington Post]
* This says J.P. Morgan actually did just fine in their settlement with the Securities and Exchange Commission. I get the hugest boner from underdog stories like this one. [WSJ Law Blog]
* A woman has sued Getty Images after her photo was used in an HIV advertisement. She’s apparently holding out for the herp campaign. [New York Post]
* More from Clarence Thomas in Portland: “Why was a black kid in Georgia reading Ayn Rand?” I don’t know. Because he was dumb? [ABC News]
Flash back to 2005. Tom DeLay was the Majority Leader in the U.S. House of Representatives, living in a safe Republican district, and poised to chart the course of American politics forever. DeLay was nicknamed “The Hammer” for his brutal efficiency as Majority whip, crushing all dissent from backbenchers and building a solid GOP coalition — a nickname that the fundamentalist DeLay endorses because “the hammer is one of the carpenter’s favorite tools.” In other words, Tom DeLay was a tool.
* If we want to ban threatening speech against Congresspeople, what will we really be banning? [Volokh Conspiracy]
* Apparently my final solution on guns could lead to the well-regulated militia rising up. [First One @ One First]
* Maybe it isn’t impossible to teach transactional practice in law school. [Concurring Opinions]
* Jared Lee Loughnerentered might enter an insanity plea, and it looks like his mug shot will be the first exhibit. [Slate]
And you thought the burger at DB Bistro was expensive....
* If you’re a mere law firm partner — as opposed to a Wall Street managing director or, better yet, a hedge fund mogul — you probably can’t afford the $5,000 hamburger at this Las Vegas resort hotel. [Dealbreaker]
* Bush 43’s dog lent a helping paw in the judicial nomination process. Laugh all you want, but Barney is better than a Ouija board. [Tex Parte Blog]
* Electronic health records can be great — but they present some legal risks, notes Ben Kerschberg. [Huffington Post]
Think back to the long gone days of 2006. In the pleasing sepia-tones of your memories, you can see a booming job market, Johnny Depp and Keira Knightley, and a time when Barack Obama was a random black dude who made a good speech that one time.
This is the world of Tom “The Hammer” DeLay. A world where a “tea party” was a game for little girls. A world where corporations were not allowed to openly buy Congressional elections.
That was a long time ago: before allegations of campaign finance shenanigans brought DeLay down and turned him into an extra on Dancing with the Stars.
The days of DeLay’s political relevance might be over, but the slow pace of the justice system is now putting DeLay back in the spotlight. His long awaited trial starts today…
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: