Attorneys DirectoryAttorneys Directory


Attorneys Directory



web  this site


June 30, 2010

Call for Papers: Diversion from the Criminal Justice System

8:32 pm

Criminal Justice & Behavior announces a forthcoming special issue on “Diversion from the Criminal Justice System.” The deadline for submitting manuscripts is Dec. 15, 2010.

This special issue is being edited by David DeMatteo, JD, PhD, and Kirk Heilbrun, PhD.

Manuscripts that address a wide variety of topics related to diversion from the criminal justice system will be considered for this special issue. Of particular interest are manuscripts that address diversion of adult and juvenile offenders based on mental health disorders or substance abuse, and interventions that can be targeted at various points in the criminal justice process (ranging from initial contact with law enforcement to re-entry into the community following release from incarceration). Both empirical and theoretical manuscripts are welcome.

The deadline for submitting manuscripts is December 15, 2010. Manuscripts should be 25-35 double-spaced typewritten pages, including graphs, charts, figures, tables, and references. All manuscripts should adhere to the guidelines contained in the Publication Manual of the American Psychological Association (5th edition, 2001). Abstracts should not exceed 120 words, and three to seven keywords should be included. Manuscripts should be submitted electronically in Word format to Dave DeMatteo (dsd25 [at] drexel.edu) or Kirk Heilbrun (kh33 [at] drexel.edu). Inquiries regarding manuscripts for this special issue can be addressed to either special issue editor.

Source: American Psychology-Law Society. mw

Empirical Legal Studies – New Haven, CT

8:32 pm

Reminder: the <a href="http://www.law.yale.edu/news/CELS.htm“>Conference on Empirical Legal Studies (CELS) call for papers deadline is July 2, 2010. The conference will take place at Yale Nov. 5-6, 2010. mw

The Sullivan & Cromwell Insane Asylum

12:26 pm

“Now I know everyone has a favorite nick name for Albanian the Anus: ladka, Balki, wild & crazy guy, but as a member of the ESL (English as a Second Language) set he is part of the inner-sanctum at Sullivan & Cromwell. So much so that a 10k phone bill Ennus racked up in the United Kingdom to call the US to bore and confuse his coworkers or exchange animal husbandry tips with his close relatives was hidden by Pary Garchment. But what Gary could not cover up was his rank incompetence in which he lost….irretrievably terrabytes of BP documentation. Apparently they sent MF like Martin sheen in appocalypse now to relieve him of his command.

Point of order stop calling the ladies of S&C “Big Mama” it is quasi racist and not specific enough since S&C likes its underlings fat, female & affirmitive action. Next week I will tell you about either: Cokie Lopez the addicted associate, the porny paralegal & the stairwell vidoetape that Fave Digaro tried really hard not to see.”

Take Advantage Of The Unemployed Week

12:26 pm

As Congress plays games and twists itself into political gridlock, millions of Americans are losing their unemployment benefits. Coincidentally, just as benefits stalled last week, rates for several upcoming reviews plummeted. I am sure this is all just a normal function of the market and not just a carpetbagging opportunity for certain sleazy agency middlemen to stuff extra money in their pockets.

“Contracts Attorneys Needed ASAP

——————————————————————————–
Date: 2010-06-28, 6:17PM EDT
Reply to: job-ytcgp-1816081049@craigslist.org
——————————————————————————–

Fortune 500 Company is seeking several contract attorneys for a review starting this Wednesday!

We are seeking licensed attorneys who can commit to at least 10 hours a day and who are available to work through this upcoming holiday weekend and all of next week.

If you are interested, please send your resume in WORD.

Compensation: $26/hr (flat rate)”

Cantankerous Contrarian

8:17 am

Cup-o-rage ContraBanker’s cranky, and his ire is directed at both sides of the management-regulatory divide.

I live in western Colorado. At certain times of the year migrating deer and elk can make our highways look like lunch time on Times Square. If
you could put a suit and tie on the animals, that startled, stunned
look in the headlights would be a perfect approximation of bankers and
regulators alike right now.

He segregates the community banking universe into three categories: good banker, bad banker, and “the regulator,” a label that doesn’t need an adjective designating moral quality, because everyone knows that “a regulator” is the moral equivalent of Charles Manson on a bad acid trip.

When a rookie becomes a bank regulator there are two standard issues of equipment: a laptop and a prayer wheel. The latter is spun constantly
for the next umpteen years and each revolutions says “I gotta keep my
job”. These are perilous times for regulators, witness the criticism in
the wake of Countrywide, Indymac Bank and WAMU. The profession has
learned from these debacles:

  • No Regulator ever got fired
    for being too tough.
  • If I don’t make a decision, I can’t be
    faulted for making a bad decision.
  • We let too many people in
    banking. If, now, we don’t let any people in the club, we won’t have
    bad people.

There’s a ton of private capital out there that
could, and would, relieve a lot of pressure on the hapless taxpayer, but
the FDIC has made it too difficult for private money to help. What the
heck: do nothing, and nothing will happen, and that prayer wheel can go
on spinning.

Now, that’s some mighty fine snark he just laid down, ladies and gentlemen. Savor it for a moment as you sip your morning cup of Joe, inhale that last quarter-inch of your roach clip, and get ready to jump back into bed, pull the covers over your head, and “go all Rumpelstilskin on us” for the next 20 years or so until this banking mess blows on by.

Lest you think Pat is being “unfair and unbalanced,” however, he’s equally disgusted with bankers of all stripes. These are unprecedented times (at least unprecedented in the lifetimes of the post-WW II generations), and no one group seems to be able to rise above their inherent limitations and save us all from ourselves. Unlike bank lawyers, of course, who bestride the moral universe as a colossus. Yes I know, that’s as a colossus of venality, bile, and “bad bidness,” so let’s not go there.

Hey, Pat, no one ever said working as or for bankers was a great big barrel of laughs, did they? Cheer up: we’ve got 2315 pages of the new banking reform legislation to digest, and after we cram that down our gullets, we’ll wake up and realize that we’ve all been “saved.”

Either that, or we’ll be reaching for the Tums. Or the roach clip.


Kagan Resists Giving Views on Commerce Clause

7:03 am

The Democrats’ newly enacted health-care overhaul appears destined to some to end up before the Supreme Court, because of its mandate that individuals buy insurance. But Elena Kagan isn’t about to give her opinion on its constitutionality. Sen. Tom Coburn…

Miguel Estrada’s D.C. Circuit Nomination, Revisited

7:03 am

Elena Kagan said today she would have supported the nomination of her friend Miguel Estrada to a federal appellate judgeship, if only Estrada had asked. Kagan, under questioning from Sen. John Cornyn (R-Texas), noted that she wrote letters of support…

June 29, 2010

ATL Contest: Which is the Best Event for 2010 Summer Associates?

10:57 pm

Some summer associates are already halfway through their Biglaw summer experiences. We hope that Northwestern’s “No More I Love Yous” is not ringing true for you, and that your offices don’t bare any resemblance to the photo from our last Caption Contest.

We have heard that you’re not eating out as often or spending as much on lunch. That is inexcusable! Sure, times are tough, but the firms have brought in far fewer SAs this year, so they should be able to splurge a bit.

Skadden and Paul Weiss both had 102 summer associates in 2009, and have just 34 and 58, respectively, this year. Cravath cut its summer class from 121 to 22. Weil dropped from 96 in 2009 to 20 this year. With those drastic reductions in numbers, being a summer associate this year should be like being an only child — you get spoiled.

(By the by, we hear that a San Diego office dropped its numbers by one this month — anyone with information, email us!)

Please tell us about your spoils. Which firm has the best summer associate event this year? We’re holding a contest: make your submissions for Biggest & Bestest Biglaw Event of Summer 2010 by email or in the comments.

We had five finalists for the prize last year: Cleary Gottlieb, Sidley Austin, Cadwalader, Carlton Fields, and Fish & Richardson. Which firm won?

Last year, ATL readers rewarded creativity rather than extravagance when it came to summer events. They voted to give the 2009 award to Fish & Richardson’s Harpdrygal roller derby. The Harpdrygal series was a long-running counter-culture event created by Dallas-based partners Geoff Harper and Kip Mendrygal, who had wearied of the typical lavish events and indulgent dinners for summer associates.

Mendygal told us last year that there were many possibilities for this summer’s Harpdrygal event:

Though Harpdrygal I-V have covered many of the things that make Texas awesome, dozens of Texas-specific activities remain, including cow tipping, water witching, beef jerky making, animal husbandry, and donning masks and chainsaws and chasing teenage tourists through the woods.

But it looks like last year’s winner may not be in contention for the crown this year. Mendrygal has left Fish & Richardson for Locke Lord.

Declining Summer Associate Classes [Wall Street Journal]

Earlier: Victory for Fish & Richardson in ATL’s Summer Associate Event Contest (and the Mark Cuban Insider Trading Case)
ATL Contest: Best Summer Associate Event of 2009





San DiegoFish & RichardsonWall Street JournalSidley AustinUnited States

Non-Sequiturs: 06.29.10

10:57 pm

* Make no mistake, Joe Biden’s absence severely limits the entertainment value of these confirmation hearings. [Going Concern]

* On the other hand, it would be awesome for Oprah to be a Senator and on Judiciary just for these hearings. [Legal Blog Watch]

* The thing is, Kagan was asked about how she would go about granting cert. But it is an issue that should probably get more attention. [AOL News]

* “Obvious disdain” gets lawyer smacked on the wrist. [Legal Profession Blog]

* A law professor thinks that reality t.v. is changing our cultural behavior. [ABA Journal]

* What do Russians have against pre-numps? [Concurring Opinions]





Joe BidenLawFacebookAmerican Bar AssociationUnited States

Breaking News: Case Decision = Positive Impact on Paralegal Fees

7:25 pm


During my paralegal career, I’ve witnessed several court decisions that have had a positive impact on the issue of paralegal fees, including Missouri v Jenkins and Richlin v Chertoff. I was privileged to be present at the US Supreme Court on the day the Richlin case was argued.

Now there’s another case that you can put in your ‘Paralegal Fees’ arsenal:

STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY, Petitioner,
v.
EDGE FAMILY CHIROPRACTIC, P.A. a/a/o SHIRLEY C. WISE, FRANCES MASON, EDGE FAMILY CHIROPRACTIC, P.A., a/a/o JENNIFER McMILLAN, Respondents.

Case No. 1D10-0565.

In this case, the Court found “that the Circuit Court did not depart from essential requirements of law in affirming county court order awarding attorney fees and costs to parties prevailing in PIP cases and, further, that there is no clearly established law prohibiting application of multiplier to paralegal fees that are included as part of attorney’s fee award. Section 57.104 clearly supports inclusion of paralegal fees as attorney fees.”

The Respondents cite section 57.104, Florida Statutes, which provides:

In any action in which attorney’s fees are to be determined or awarded by the court, the court shall consider, amont other things, time and labor of any legal assistants who contributed nonclerical, meaningful legal support to the matter involved and who are working under the supervision of an attorney.

The important impact of decisions such as this cannot be overstated. When any Court regognizes the value of attorney utilization of paralegal services as a cost efficient way to deliver paralegal services…and that paralegal time should be billed the same as other professional staff, it is one more boost in the recognition of the valuable roles paralegals play in the legal arena.

Follow this link to access this decision.

Source: 35 Fls. L. Weekly D1438a and http://www.leagle.com/unsecure/page.htm?shortname=inflco20100625214

Paralegal Ethics: Important eDiscovery Lessons

7:25 pm

A couple of articles written by blogger Laura J. Tyson at E-Lessons Learned caught my attention I as I’m preparing to present my brand new ethics course on Thursday, July 1st. More information about the course (Advanced Ethics: Complex Issues for Attorneys and Paralegals) is available at this link.

First, in Learn a Lesson from Smuckers: Preserve Those Blackberries’: “When the court orders your client to preserve data, don’t let employees wipe their BlackBerrys® before turning them in. A wiped BlackBerry® smartphone could translate into “bad faith” and might just induce a court to impose spoliation sanctions.” The cite for this case is Southeastern Mech. Servs. v. Brody, No. 8:08-CV-1151, 2009 U.S. Dist. LEXIS 85430 (M.D. Fla. Aug. 31, 2009).

Another is “The Dog Ate It,” “We Didn’t Know About That Shared Directory,” and More Great eDiscovery Excuses” at this link The lesson: If your client is under an agreement to produce specific custodians’ documents by a specific deadline, make sure you know all physical locations each custodian might save documents, INCLUDING a shared file directory on a server. The court will not be impressed by your attempts to use, in support of your motions, documents produced late; and the excuse that you were unaware of a shared directory of a named custodian is no excuse for filing to produce responsive documents found on that directory.” The cite: Wixon v Wyndham Resort Corp., 2009 U.S. Dist. LEXIS 86337 (N.D. Cal. Sept. 21, 2009.

There’s one more interesting article: Livescribe Smart Pen: That, Too, Is Discoverable in Litigation! at the Best Practices Construction Law blog, author Matt DeVries expressed caution “when recording any attorney-client conferences, as well as meetings with consultants and testifying experts.”

One thing is clear: eDiscovery is a broad and confusing area that paralegals are learning more about every day. The importance of looking for evidence on mobile devices is stressed, as is the importance of preserving those mobile devices when the evidence may be needed in litigation.

The ethics lesson here is to be very careful how you use these mobile devices…your iPhone, Blackberry…and even that Livescribe Smart Pen…because you could be creating secrets you would not want to be discovered. Think about restricting your use of these devices so that you preserve the confidences and secrets of your client…as well as your integrity.

A History of Supreme Court Nominations

3:36 pm

Back Story is a public radio show in which the current or former University of Virginia historians Ed Ayers, Peter Onuf, and Brian Balogh provide historical perspective on current events. The latest show, which is available as podcast here and (I’m told) on iTunes is Scales of Justice: A History of Supreme Court Nominations:Just in time for the Kagan confirmation hearings, BackStory is delving

Wesleyan’s Collection on Legal Change

3:36 pm

Before tucking into the Arthur T. Vanderbilt Papers, I learned from Suzy Taraba, head of Special Collections and Archives at Wesleyan University, about the existence of the department’s Collection on Legal Change. According to her department’s blog:The Collection on Legal Change is an archival collection of record groups that illustrate aspects of legal evolution in the United States in the

Amazing diet – follow up thoughts

2:40 am

A few weeks ago I wrote about the 10 day fast/diet that I underwent (i.e. 'The Master Cleanse'). It's now been 4 weeks since I completed that diet, and so here are some follow up observations.

First, weight loss.  I reported losing 11 lbs on the diet, and I'm happy to report that I've kept that weight off.  Obviously, my weight fluctuates so there were times that I was up to 164, and times when my weight was as low as 158.  But this morning it was 161, which is about where it was when I stopped the Master Cleanse diet.

Food consumption: I have continued to be very aware of how much food my body needs to function, and so I don't consume as much food as I did before the diet. This is the main benefit of the diet; you become starkly aware of how much food your body actually needs.  But the key is to give it the right kind of food, which brings me to…

Nutritional awareness: I have kept my awareness of what my body really needs to feel sated. I have partaken of small amounts of unhealthy food (e.g. potato chips or french fries), but I only do this when I've been on a long streak of healthy foods. I eat a lot more salad, and vegetables and fruits. I also tend to gravitate towards soups, which was not my tendency before the diet.

Other people's efforts: Several friends and acquaintances have also tried the diet since I recommended it.  They all lost weight and felt much better afterwards, and all of them seem to have kept on the healthy path.  I'm sure that some people don't succeed in making it the full 10 days (it helps if you do the 3 day ramp up, and 3 day ramp down, which I didn't do).  I'm also sure that some people don't keep up the healthy path once they stop the diet.  

The diet is just a tool, and you can use it to your advantage or not. There is nothing 'automatic' about it. What it does give you is a sense of how weak your willpower is when you make bad choices about something like daily eating. If you can make it through the 10 days (16, if you count the two 3 day ramp up periods) then you at least have a new, and powerful, opportunity to build a healthier approach to eating.

No one can guarantee you'll keep eating healthy; it's up to you to make sensible choices. I'm glad I tried the diet, and I can definitely say that it made it easier for me to find a much better path. One that I plan to make every effort to stay on.

June 28, 2010

False Forbearance Allegations

9:04 pm

Liar_liar A recent article in the American Banker (paid subscription required) discussed briefly some of the arguments that federal banking regulators have been making to members of Congress in opposition to the loss-amortization provisions of the small business financing bill that made it through the House. The bill faces stiff opposition from Republicans in the Senate, due to the fact that they’re cynically attempting to exploit the anti-bailout sentiment among many voters by labeling the small business lending program “just another Tarp.” As I’ve urged community bankers recently, come November, remember who your true friends are but, more importantly, remember who your true enemies are. Republicans who will throw you under the bus in order to exploit base emotions and misperceptions among voters for victory in November are as much your enemy as is a so-called “populist” like Sheila Bair. You can’t vote Bair out of office (she failed in her one and only attempt to run for public office when her “mentor” Bob Dole supported her opponent, and she’s wisely chosen a “non-elected” line of work since then), but you can vote against any purported champion of small businesses in Congress who voted against the bill that contains CRE loss amortization. That would include all but three House Republicans, by the way.

The regulators are apparently pushing three basic themes in their attempt to influence legislators. According to the American Banker article, the regulators are arguing that amortization of CRE loan losses over a period of up to 10 years is bad because (1) it undermines confidence in banks, (2) it hides “true” losses, and (3) it creates a “moral hazard” because banks that receive it are likely to take big risks going forward in an attempt to recover before the amortization period runs out. I don’t think the regulators who are making these arguments actually believe them to be true, although I can’t insert myself into their minds to accurately discern their intent (any more than I could–or would desire–to enter the mind of a Mafia don). Instead, I assume that for these Pontius Pilates, “truth” is a relative term. It’s not what an objective observer would conclude after attempting to be fair and reasonable. Instead, it’s all about spinning the story so that it achieves the objective of preserving the power of the regulators to act without any interference with their ability to pick winners and losers among the too-small-to-save community banking business. If you think that sounds cynical, you’re dead on.

The “undermining confidence” and “hiding true losses” arguments both are related to the alleged “fact” that by allowing banks to amortize losses on CRE, the “true” financial condition of the banks is “masked.”  Inasmuch as the recently passed legislation requires banks to report regulatory capital calculations with and without the loss amortization, those arguments are bogus. Full disclosure will be made. Private equity investor representatives I have spoken to (and the “forbearance” would not apply to publicly-traded banks) state that this is a non-issue for them. As to the regulators, are they saying that they can’t figure out the actual financial condition of a bank that is amortizing losses for regulatory capital purposes? If not. Who, then, can’t see through the so-called “mask”? Depositors? Congress just voted to protect all of them up to $250,000, so who, exactly, is so unsophisticated that they might be unwittingly deceived and harmed by the fact that there are side-by-side regulatory capital calculations being reported, one with and one without amortization of CRE losses?

As for the “moral hazard” argument, that, too, is patently false. The loans that the amortization would apply to must have been “originated” prior to January 1, 2008, so it won’t apply to new loans. Moreover, the bank’s federal regulator(s) must approve the bank for eligibility, which means that if the regulator believes that the bank’s current management is the type to take unjustifiable risks going forward, the bank won’t be participating. The regulators must also create underwriting guidelines for banks participating in CRE loss amortization, so that should provide yet one more safeguard to bar future excessive risk taking. Finally, since banks file quarterly CALL reports (and since many are under enforcement actions that require more frequent reporting and restrictions on the bank’s activities), the regulators are going to be able to know quickly if unreasonable growth is taking place, and where that growth is coming from.

Based upon discussions with the loss amortization provisions’ supporters, it also appears that the regulators are trying to conflate CRE loss-amortization with the types of forbearances that were used by the late, not-lamented Federal Savings and Loan Insurance Corporation in the 1980s in order to prop up failing savings and loan associations throughout the country. It seems that the regulators are citing studies by various academics and government agencies that purport to “prove” that the S&L forbearances were an “Epic Fail” and were also largely responsible for making the eventual thrift failures much more costly, and then alleging that the CRE loss amortization is the same type of forbearance.

These arguments are misleading at best, intellectually dishonest at worst. The CRE loss amortization provisions are not akin to the across-the-industry forbearances that were issued by the FSLIC, but are substantially similar to the very narrow loss amortization provisions of the Competitive Equality Banking Act of 1987 that applied to agricultural banks. A study apparently not cited in any of the voluminous footnotes in letters that regulators have sent to Congress is a 1998 review by the FDIC of the banking crises of the 1980s and early 1990s. That study reveals that “class-of-bank” forbearance programs are clearly distinguishable from the widespread forbearance programs like that employed by the FSLIC, and, moreover, are much more successful in both rescuing banks that would otherwise have failed and in lowering losses of those banks that eventually fail despite the forbearance. Of 33 banks in the 1987 program, 27 survived as independent, 2 were merged without FDIC assistance, and only 4 failed. Moreover, as to all “class-of-bank” forbearance programs implemented in the 1980s, the banks in the programs that did fail had lower, not higher, losses than those that did not participate in the programs. While condemning the FSLIC-type widespread forbearance programs as “disasters,” the report has this to say about more narrowly-focused temporary forbearance programs:

The more favorable results of bank forbearance programs as compared with the FSLIC strategy reflect the smaller number of banks involved, the closer monitoring of banks, the fact that problems addressed by bank forbearance programs were temporary and cyclical in nature, and (most important) the fact that bank regulators sought to control risk taking by participating institutions rather than encourage it.

All of the above factors should apply to the proposed CRE loss amortization program. Arguments that this is another FSLIC-type forbearance program are disingenuous. This is a targeted, temporary, narrowly focused forbearance program,designed to address problems that are temporary and cyclical in nature. The federal bank regulators will have plenty of power to determine who participates and who does not, and, as to those who participate, that no excessive risk taking will be permitted.


Legal VIPs Show Up for Kagan Hearing

6:56 pm

The front row of Elena Kagan’s confirmation hearing is filled with some of the top lawyers in the Obama administration. Just over Kagan’s left shoulder — visible on the right side of the television screen when the camera is focused…

Senators Get Parochial at Kagan Hearing

6:56 pm

The Supreme Court is losing some its geographic diversity as Elena Kagan prepares to become the fourth sitting justice from New York City, replacing Illinois native Justice John Paul Stevens. Members of the Senate Judiciary Committee have noticed. Sen. Russ…

This Week in Biglaw: 06.27.10

9:50 am

Ed. note: Law Shucks focuses on life in, and after, BigLaw, including by tracking layoffs, bonuses, and laterals. Above the Law is pleased to bring you this weekly column, which analyzes news at the world’s top law firms.

One of the many interesting features of BigLaw is the comings and goings of its denizens. Whether it’s looking for the bigger, better deal, jumping off a sinking ship, or departing for the greener pastures of inhouse or government life, every move has a story.

There has been plenty of speculation recently about which firm is wrapped up in an Inspector General investigation of the firm’s practice of hiring former SEC lawyers, who then turn around and advocate for clients at the agency they just left. The Senate Finance Committee is none too happy about the "revolving door," claiming that in at least one instance, the SEC was unduly lenient because of the firm’s close ties with the commission. Usually lateral hires aren’t contentious (examples like Jeremy Pitcock notwithstanding), so this could put a damper on hiring some of the most-coveted free agents.

So which law firm or lawyer(s) might be facing Senate scrutiny?

Here’s an educated guess about who one of lawyers at the center of the maelstrom might be.

A trend this year has been the large-scale poaching of teams. Most recently, it’s Pillsbury’s landing a finance and corporate team of as many as 20 lawyers from Nixon Peabody.

Another trend, which is even more closely tied to the current plight of the legal industry, is the rise of the boutique. BuckleySandler has been one such firm, luring a number of high-profile partners away from BigLaw, most recently two litigators from Mayer Brown.

Of course, the biggest firms of today all started small. Even mighty Skadden was formed by lawyers passed over at other firms.

Meanwhile, on the inhouse side, things are looking pretty good. A recent global survey by a UK recruiter indicates that inhouse counsel are secure in their jobs, happy with their employers, and not even complaining about comp or work/life balance. (And, again, if that’s a move you’re interested in, Jumping In(House) provides all the information you need to understand the transition from BigLaw to inhouse.

No matter where you are, Hiring Partner has good advice from the schoolyard once again for dealing with new hires.

Here are some of the other notable recent developments in BigLaw.

Deals

There’s one thing BigLaw has cornered the market on: documenting the biggest deals. Some of the billion-dollar-plus (or otherwise interesting) deals from the past week:

  • Agricultal Bank of China IPO ($23 billion) – This will likely be the world’s largest IPO, although it’s already lost almost a quarter of the initial announced value. Davis Polk represents the issuer, Herbert Smith the underwriters.
  • BTA Bank restructuring ($12 billion) – White & Case represents the Kazakh bank, Baker & McKenzie the creditors’ steering committee, Allen & Overy the credit agencies, and Dewey & LeBoeuf the bondholders.
  • Resolution bid for AXA’s UK life insurance business ($4.1 billion) – Slaughter & May represents Resolution, Norton Rose AXA, and Linklaters the banks. Norton Rose and Slaughters also faced off earlier this year on AIG’s failed sale of its Asian operations to Slaughters’ client Prudential.
  • Sale of Citibank autoloan business ($3.2 billion) – Davis Polk keeps chugging along with the post-TARP work, representing the bank, while Cravath represented purchaser Banco Santander.

Suits

A handful of lawsuits of particular interest to BigLaw were decided this week.

The first group were the "honest services" fraud cases, which significantly limited the reach of that crime. BigLaw white-collar practices have been ragingly busy for years since prosecutors slowly began expanding the range of activities they felt ran afoul of the law. This was good news for such high-fee clients as Enron’s Jeffrey Skilling and media baron Conrad Black.

Another nice stream of fees to BigLaw has come in defending "F-Cubed" cases. This was a great win for the American companies BigLaw has been defending, but it comes with a hidden price for BigLaw:

Sarah Cave, a partner at Hughes Hubbard, hailed the ruling. “The potential for liability for foreign companies under U.S. securities laws, and the corresponding costs of litigation, will decrease,” she said.

Read: lower law-firm revenues. It was a nice run while it lasted, but these claims never passed the straight-face test for us, sorry plaintiffs’ lawyers.

Finally, there was the Google/YouTube v. Viacom fight. While the lawyers involved had fine pedigrees, this case provided plenty of mudslinging between the parties. This was also one of the most interesting cases of the week because of the coverage it got from every corner of the internet. Of course, the legal outlets focused on the merits and the claims, but it was also covered by the technology sector (liked the result), entertainment (hated it, plan to appeal), and even downloaders (loved it).

In the conclusion of the article on Law Shucks, we have the news on the firms themselves, including layoffs, rescinded offers, and more.





LawDewey & LeBoeufBaker & McKenzieMayer BrownLaw firm

Martin Ginsburg, Noted Tax Lawyer and Husband of Justice Ginsburg, R.I.P.

9:50 am

Martin Ginsburg — a leading tax lawyer and law professor, and the husband of Justice Ruth Bader Ginsburg — passed away earlier today. He was 78. According to a statement released by the Court, he passed away at home, from complications of metastatic cancer.

Marty Ginsburg was known in Supreme Court circles as Justice Ginsburg’s secret weapon. Justice Ginsburg herself can sometimes be shy, awkward, and introverted, but her husband was gregarious, charming, and a great entertainer. He was a talented chef and would perform the culinary honors at dinners for Supreme Court justices and their spouses. He would also cook for RBG’s clerks each Term.

He was widely noted for his great sense of humor….

Check out, for example, Marty Ginsburg’s faculty biography at Georgetown Law, where he taught tax law for many years. The bio explains that he moved to Washington “when his wife got a good job here” — a reference to his wife’s appointment to the D.C. Circuit, and a bit of humorous understatement. Being appointed to the exalted U.S. Court of Appeals for the D.C. Circuit is like touching the face of God.

The bio concludes with this tongue-in-cheek quip:

Professor Ginsburg is co-author, with Jack S. Levin of Chicago, of Mergers, Acquisitions, and Buyouts, a semi-annually updated treatise which addresses tax and other aspects of this exciting subject. The portions of the treatise written by Professor Ginsburg are, he is certain, easily identified and quite superb.

See also this 2009 speech by Justice Ginsburg, entitled “The Lighter Side of Life at the Supreme Court,” in which she described how her husband tried to help her out in chambers once:

Early in 1994, Justice Scalia and I traveled to India for a judicial exchange. In my absence, my spouse tested his conviction that my mail could be handled more efficiently. He visited chambers, checked the incoming correspondence, grouped the requests into a dozen or so categories, and devised an all-purpose response for my secretaries’ signature. When I returned, he gave me the form, which to this day he regards as a model of utility and grace. I will read a few parts of the letter my husband composed. You may judge for yourself its usefulness and grace.

“You recently wrote Justice Ginsburg. She would respond personally if she could, but (as Frederick told Mabel in Gilbert & Sullivan’s Pirates of Penzance) she is not able. Incoming mail reached flood levels months ago and shows no sign of receding.”

“To help the Justice stay above water, we have endeavored to explain why she cannot do what you have asked her to do. Please refer to the paragraph below with the caption that best fits your request.”

Favorite Recipes. The Justice was expelled from the kitchen nearly three decades ago by her food-loving children. She no longer cooks and the one recipe from her youth, tuna fish casserole, is nobody’s favorite.”

Photograph. Justice Ginsburg is flattered, indeed amazed, by the number of requests for her photograph. She is now 61 years of age — ah, those were the days! — and understandably keeps no supply.”

Are We Related? The birth names of the Justice’s parents are Bader and Amster. Many who bear those names have written, giving details of origin and immigration. While the information is engrossing, you and she probably are not related within any reasonable degree of consanguinity. Justice Ginsburg knows, or knew, all of the issue of all in her family fortunate enough to make their way to the U.S.A.”

Alas, Justice Ginsburg decided against using her husband’s humorous form letter: “My secretaries, you will not be surprised to learn, vetoed my husband’s letter, and in the ensuing years they have managed to cope with the mail flood through measures more sympathique.”

In addition to cooking the bacon, Mr. Ginsburg was quite good at bringing it home. Thanks in part to his private practice as a tax lawyer, at the firms of Weil Gotshal and Fried Frank, the Ginsburgs did very well for themselves. When the justices file their financial disclosure forms, Ruth Bader Ginsburg generally takes the top spot, with assets in the tens of millions. Her latest disclosure, released earlier this month, revealed assets worth as much as $45 million.

Martin Ginsburg’s passing is undoubtedly a great loss to both Justice Ginsburg, to whom he was married for 56 years (their anniversary was last week), and to the tax bar, of which he was a leading member for decades. We extend our deepest condolences and sympathies to Justice Ginsburg and the Ginsburg family.

Martin Ginsburg, Justice’s Husband, Dies [AP via NYT]
Marty Ginsburg Has Died [SCOTUSblog]
Faculty Bio: Martin D. Ginsburg [Georgetown University Law Center]
The Lighter Side of Life at the United States Supreme Court [Supreme Court of the United States]





Ruth Bader GinsburgFacebookLawUnited StatesAssociated Press

My Trip Around the Sun: Day 13

2:11 am
Today’s Quote:
For fast-acting relief, try slowing down.~Lily Tomlin
~~~~~~~~~~~~~~~~~~~~~~~~~
This quote says a lot about the day I’ve had…there was a ‘to do’ list a mile long and I crossed off only a couple of things. To say I put ’slow’ in my day is an understatement.

Slow feels good sometimes, though, and it feels especially good that the ‘couple of things’ I managed to cross off my list had been there for a while and it was frustrating that I couldn’t get to them.

One thing that took its toll on my ‘to do’ list was the need to spend a couple of hours at my office…on a day when I wasn’t supposed to be there at all. There was some mail that absolutely had to get to the post office and notices that needed to make the newspaper’s publication deadline. Of course, once I got to the office people kept popping in to ask me to do things for them. Serves me right for going in…but then, again, I had responsibilities and they had to be met.

The lesson to be learned from today is to not be concerned about getting a whole list of errands and chores crossed off. Just do what really needs to be done and handle your responsibilities the best you can. The rest will take care of itself.

Older Posts »




© Coconut Island Software, Inc.      Contribute to Our Database      copyright questions      Jobs by SimplyHired