Battle Escalates Over Trump's Taxes, Law School Name Games, Thinking Like a Lawyer: The Morning Minute
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November 15, 2019 at 06:00 AM
4 minute read
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WHAT WE'RE WATCHING
SCOTUS – The U.S. Supreme Court has been asked to wade into a clash over the secrecy of Donald Trump's financial records, as the president's lawyers urged the justices Thursday to stop a Manhattan grand jury from acquiring eight years of his tax returns. Marcia Coyle and Mike Scarcella report that the petition is likely the beginning of a series of Trump-related cases expected to reach the high court in the coming months. In fact, a new federal appeals ruling in Washington late Wednesday—saying Trump's accounting firm must comply with a congressional subpoena—could land at SCOTUS by next week.
ALMIGHTY DOLLAR – For now, the nickname of 'Penn Law' remains in limbo while the school figures out how to acknowledge the $125 million from the W.P. Carey Foundation while simultaneously placating more than 1,000 students and alums unhappy with the "Carey Law" moniker. In the meantime, we're wondering who's next in the law school name game. As Karen Sloan reports, the practice of selling naming rights is growing more common among law schools, even within the so-called T-14. So how much would the likes of Harvard sell its name for?
WITNESS HISTORY - House impeachment proceedings resume today with testimony from Marie Yovanovitch, the one-time U.S. ambassador to Ukraine whom Trump recalled from duty earlier this year. Yovanovitch, the third witness to testify this week, is represented by Lawrence Robbins of D.C.'s Robbins, Russell, Englert, Orseck, Untereiner & Sauber. The private and now public proceedings have given substantial work to major U.S. firms, including Arnold & Porter Kaye Scholer; K&L Gates and Akin Gump Strauss Hauer & Feld. Additional witnesses, including Gordon Sondland, the U.S. ambassador to the European Union, are expected to appear next week.
ONGOING – Day 2 of jury deliberations are expected today in the Roger Stone trial. The longtime GOP insider and one-time adviser to President Trump is charged with obstructing the House's investigation of Russian interference in the 2016 election. U.S. District Judge Amy Berman Jackson is presiding over the trial.
EDITOR'S PICKS
Heads Up: Law.com's Mental Health and Substance Abuse Survey Coming Your Way
Longtime Ohio State General Counsel Leaves After Handling One Scandal After Another
Law School Naming Rights 60 Years in the Making: Chart
If You Speak Like a Lawyer, Do You Think Like One?
'Death by a Thousand Cuts': Why Are Women Leaving Big Law?
WHILE YOU WERE SLEEPING
GONE – Just weeks after being appointed, Linklaters' global head of alternative legal services has left the firm unexpectedly. Simon Lock reports that Mark Higgs, who joined the Magic Circle firm less than a year ago as chief operating officer of the firm's flexi-lawyering platform, Re:Link, had just been appointed to the new position of global head in October. According to a person at Linklaters, Higgs left the firm of his own volition.
WHAT YOU SAID
"You hear it time and again, but in order to make partner, you have to act like a partner."
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Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
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