When Pope Benedict XVI announced his retirement, conspiracy theorists opined that the mounting allegations of a Church-sponsored cover-up of sexual abuse had reached the highest levels of the Vatican. That charge didn’t make much sense to me. As Pope, Benedict XVI possessed the legal immunities. Outside the office, his status is in doubt.
So if he felt some fear of prosecution, he should have opted to stay in the office for life.
It’s pretty simple logic. That said, “logic” is the sort of thing that, historically, gets you burned at the stake by the Catholic Church, so maybe I shouldn’t try to apply that to the Pope’s decision.
But the question remains: Does the “Pope Emeritus” retain legal immunities in retirement? And if not, what litigation is he inviting with his retirement?
* Bank of America agreed to pay $2.43 billion, one of the biggest securities class-action settlements in history, to put the Merrill Lynch mess behind it. According to Professors Peter Henning and Steven Davidoff, B of A “is probably quite happy with the settlement given that it could have potentially faced billions of dollars more in liability in the case.” [DealBook / New York Times]
* “Oyez! Oyez! All persons having business before the Honorable, the Supreme Court of the United States, are admonished to draw near and give their attention, for the Court is now sitting.” Here is Robert Barnes’s take on the SCOTUS Term that starts today. [Washington Post]
* And here is Professor Garrett Epps’s review of Jeffrey Toobin’s new book on the Supreme Court, The Oath (affiliate link). [New York Times]
* How Dewey justify paying a big bonus to a member of the management team “when it has been widely pointed out that excessive compensation to the firm’s upper management significantly contributed to the firm’s collapse in the first place?” [Bankruptcy Beat via WSJ Law Blog]
* A high-profile Vatican trial raises these questions: “‘Did the butler do it?’ Or rather, ‘was it only the butler who did it?’” [Christian Science Monitor]
* Ben Ogden, an Allen & Overy associate who was killed in a Nepalese plane crash, R.I.P. [Am Law Daily]
I’m not sure it’s fair to call the Vatican “homophobic.” Homophobia contemplates a kind of fear. It’s a prejudice that, like so many, comes out of ignorance.
The Vatican is different. They think they’re at war with gays and lesbians — and who knows how many of these guys are at war with their own sexuality. And as opposed to a mere lack of understanding, there’s that annoying, Vatican-style, moral omnipotence that makes them feel they know exactly where gays and lesbians are going to end up. The Vatican isn’t homophobic so much as it’s homo-hating.
Given all that, I can’t say that I’m surprised that the Vatican is suing over a photoshopped picture of Pope Benedict XVI open-mouthed kissing another man. I’m sure surprised that the Unhate Foundation and an Italian fashion company had the stones to put the picture in an ad campaign all around Italy….
I love it when the U.S. Government casts its lot with foreign entities that export child molesters to the United States. The WSJ Law Blog reports:
In a filing made late last week, the U.S. government weighed in, largely siding with the Vatican’s argument that the Ninth Circuit erred by allowing a sex-abuse case to go forward against the Vatican. The move represented a rare foray by Washington into the highly sensitive litigation.
Who knew that our courts were powerless to hold the Vatican accountable for sending us priests with a history of abusing children?
The evolution of relationships between the genders continues. Currently, in law firms, there is an interesting conundrum; balancing the desire for a gender-blind workplace where “the best lawyer gets the work and advances” and the reality of navigating the complicated maze created by the fact that, in general, men and women do possess differences in their work styles. These variations impact who they work with, how they work, how they build professional connections and how organizations ultimately leverage, reward and recognize the talents of all.
Henry Ford sat on his workbench and sighed. A year earlier, he had personally built 13,000 Model Ts with his own hands. Fashioning lugnuts and tie rods by hand, Ford was loath to ask for help. Sure, there were things about the car that he didn’t quite understand. This explains the lack of reliable navigation systems in the Model T. But Ford persevered because he knew that unless he did everything, he could not reliably call these cars his own.
“Unless my own personal toil is responsible for it, it may as well be called a Hyundai,” Ford remarked at the time.
The preceding may sound unfamiliar because it is categorically untrue. And also monumentally stupid. Henry Ford didn’t build all those cars by hand. He had help and plenty of it. Almost exactly one hundred years ago, Henry Ford opened up the most technologically advanced assembly line the world had ever seen. Built on the premise that work can be chopped up into digestible pieces and completed by many men better than one, the line ushered in an age of unparalleled productivity.
Today, an attorney refers business because he can’t do everything the client asks of him.
There are three reasons why this is way dumber than a made-up Henry Ford story…
Ed. note: The Asia Chronicles column is authored by Kinney Recruiting. Kinney has made more placements of U.S. associates, counsels and partners in Asia than any other recruiting firm in each of the past six years. You can reach them by email: [email protected].
Since late last year, things have been booming in Hong Kong / China in cap markets, especially Hong Kong IPOs. M&A deal flow has recently been getting a bit stronger as well. Although one can’t predict such things with any certainty, all signs are pointing to a banner entire 2014 for the top end US corporate and cap markets practices in Hong Kong / China. This is not really new news, as its been the feeling most in the market have had for a few months now and things continue to look good.
The head of our Asia practice, Evan Jowers, has been in Hong Kong for about 10 days a month (with trips every other month to both Shanghai and Bejing) for the past 7 months, and spending most of his time there meeting with senior US hiring partners at just about all the major US and UK firms there, as well as prospective candidates at all associate levels and partner levels, and when in the US, Evan works Asia hours and is regularly on the phone with such persons, as our the other members of our Asia team. Our Yuliya Vinokurova is in Hong Kong every other month and Robert is there about 5 times a year as well. While we have a solid Asia team of recruiters, Evan Jowers will spend at least some time with all of our candidates for Asia position. We have had long standing relationships, and good friendships in some cases, with hiring partners and other senior US partners in Asia for 8 years now.