Big Four Forging, Help Wanted, Clement's Complaint: The Morning Minute
Here's the news you need to start your day.
May 10, 2019 at 06:00 AM
4 minute read
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WHAT WE'RE WATCHING
|RETORT - The Big Four's EY and KPMG are not taking the Bar Council of Delhi's decision to ban them from practicing law in India quietly. Rowan Bennett reportsthat the duo, seeking to initiate legal services arms there, call the decision, which deemed they were already practicing law in India, baseless and incorrect. Last year the Supreme Court of India in 2018 ruled that foreign law firms are not permitted to establish permanent offices in the country but that they are allowed to advise on non-Indian law matters on a temporary basis.
NOW HIRING - Need a job? The DOJ has launched a search for a new leader of the criminal division team tasked with handling some of the most significant white-collar prosecutions, including financial fraud and foreign bribery cases, C. Ryan Barber reports. The last lawyer to hold the post, as a permanent position, was Andrew Weissmann, who in 2017 joined the Mueller team investigating Russia's interference in the 2016 election. Bets are it'll be an inside hire, but outside candidates with white-collar prosecution chops have a shot too, Barber reports.
PARALLELS - Add Paul Clement to the chorus of conservative lawyers questioning the Justice Department's decision to stop defending the Affordable Care Act. Ellis Kim reports that Clement, at a Federalist Society meeting this week, compared the DOJ's stance on the ACA to its decision to stop defending the Defense of Marriage Act of 1996. Clement, who advocated in support of the Defense of Marriage Act on behalf of U.S. House members, lost the case before the U.S. Supreme Court. He also argued against the Affordable Care Act at the Supreme Court soon after its adoption during the Obama administration. He says in both instances the DOJ should defend the acts of Congress.
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EDITOR'S PICKS
|Wells Fargo General Counsel-Turned-CEO Creates New Regulatory and Compliance Group
Manhattan U.S. Attorney Announces 'First-Ever' N. Korean Sanctions Seizure
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WHILE YOU WERE SLEEPING
|GOOD-BYE - After losing 16 lawyers in Hong Kong over the past 12 months, U.K. law firm RPC is set to see the departure of a nine-lawyer team in Singapore, led by Singapore disputes head Siraj Omar. John Kang reports that the group is departing from RPC's Singapore joint law venture, RPC Premier Law, to join Singapore firm Drew & Napier on July 1. The exodus will leave RPC with just five lawyers in Singapore.
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WHAT YOU SAID
“It's one of the few meritocracies left.”
— SAM DONALDSON, PROFESSOR AT GEORGIA STATE UNIVERSITY COLLEGE OF LAW, ON HOW A CROSSWORD PUZZLE HE CO-WROTE WAS ACCEPTED BY NEW YORK TIMES PUZZLE EDITOR WILL SHORTZ.
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