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Bill on Bankruptcy: Junk Debt Interest Rates at 30-Year LowJan. 30 (Bloomberg) — Interest rates for junk debt reached a 30-year low in the last week, as Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss on their new video. Financially struggling companies benefit, bankruptcy professionals suffer, and purchasers of low-rated debt eventually could sustain losses with yields so low. Also, after a [...]
January 31, 2013 -
Stealth Lawyer: Todd Neufeld, Balloon TwisterJan. 30 (Bloomberg) — Todd Neufeld, founder of The Twisted Balloon Company, talks with Bloomberg Law’s Spencer Mazyck about his transition from intellectual property lawyer to professional balloon twister. Neufeld, who has worked with the White House Social Office for seven years, also discusses using his legal background to create an online database for entertainers [...]
January 30, 2013 -
Apple Loses First ‘Big’ Case to MobileMedia, Lawyer SaysJan. 29 (Bloomberg) — Steven Bauer, Co-Head of the Patent Law Group at Proskauer Rose LLP, talks about his representation of patent-licensing firm MobileMedia Ideas LLC in its recent infringement case against Apple Inc. The maker of the iPhone lost the lawsuit when a federal jury decided that it had misappropriated protected technology for its [...]
January 29, 2013 -
Law Prof: Schools May Close if 2-Year Program AdoptedJan. 25 (Bloomberg Law) — A proposal to allow students to leave law school after two years, take the bar and practice could lead to fewer law schools, according to one of its authors, Professor Samuel Estreicher of New York University School of Law. Under the plan, only students who remain for the traditional third [...]
January 25, 2013 -
Discipline For Law School Deans?Jan. 25 (Bloomberg) — Fifteen law schools have been sued by their graduates for publishing allegedly fraudulent employment data. So far, the graduates have yet to win any of the cases. But Professor Ben Trachtenberg, of University of Missouri School of Law, may have another way for the graduates to prevail. In a forthcoming law [...]
January 25, 2013 -
Stealth Lawyer: Nathan Sawaya, Lego Brick ArtistJan. 23 (Bloomberg) — Nathan Sawaya, a New York-based artist and author of “The Art of Nathan Sawaya,” talks with Bloomberg Law’s Spencer Mazyck about his transition from practicing law at Winston Strawn LLP to creating large-scale sculptures using only Lego toy building blocks. (Source: Bloomberg)
January 23, 2013 -
Elmo Sex Scandal: More Accusers May Come Forward, Says LawyerJan. 22 (Bloomberg) — Jeff Herman, attorney for three accusers who filed federal claims against former “Sesame Street” puppeteer Kevin Clash alleging underage sex, talks with Bloomberg Law’s Spencer Mazyck about the allegations and other accusers who may come forward. Herman, managing partner of Herman Law, also discusses his landmark $100 million verdict on behalf [...]
January 22, 2013 -
How Bryan Cave Translates Firm Financial Data Into StoriesJan. 18 (Bloomberg Law) — Bryan Cave strategic technology partner John Alber explains how his firm has built a software program called the Rosetta Project, which translates the firm’s financial data into narratives that explain how well a partner’s practice is performing and why. “Lawyers can relate to stories where they’re the protagonist — the [...]
January 18, 2013 -
Legal Fallout of an Armstrong ConfessionJan. 16 (Bloomberg) — Tim Herman, Lance Armstrong’s long-time attorney and senior partner at Austin, Texas’ Howry, Breen & Herman LLP, talks about the legal ramifications of an Armstrong confession to using performance enhancing drugs during his professional cycling career. Herman, speaking with Bloomberg Law’s Spencer Mazyck, also discusses how he began representing Armstrong.
January 16, 2013 -
Stealth Lawyer: Diana St. Louis, Lingerie DesignerJan. 16 (Bloomberg) — Diana St. Louis, founder of Bijte lingerie, talks with Bloomberg Law’s Spencer Mazyck about her transition from practicing law at Willkie Farr & Gallagher LLP to designing lingerie. (Source: Bloomberg)
January 16, 2013 -
Lance’s Lawyer: Armstrong Didn’t Betray MeJan. 15 (Bloomberg) — Lance Armstrong’s long-time attorney Tim Herman of Austin, Texas’ Howry, Breen & Herman says “I certainly wouldn’t feel betrayed by Lance Armstrong. I would never say that. He’s not only a client but a very, very close friend and somebody that I admire.” Herman declined to comment directly on his client’s [...]
January 15, 2013 -
5 Gay Marriage Issues Before Supreme CourtJan. 14 (Bloomberg Law) — Will the U.S. Supreme Court weigh in on same-sex marriage, or sidestep the issue? Here’s what to look for in the gay marriage cases: One case involves 1996′s federal Defense of Marriage Act. The Obama Administration won’t defend the law, so the Court must decide if it has jurisdiction to [...]
January 14, 2013 -
Stealth Lawyer: Aidan Donnelley Rowley, Author & BloggerJan. 9 (Bloomberg) — Aidan Donnelley Rowley, author of “Life After Yes,” talks about her transition from being an attorney at Willkie Farr & Gallagher LLP to becoming a full-time writer and Huffington Post contributor. Rowley, speaking with Bloomberg Law’s Spencer Mazyck, also discusses her blog, Ivy League Insecurities, where she writes about her life [...]
January 9, 2013 -
5 Most Influential People In Legal Education: 2012National Jurist magazine has released its rankings of the 25 most influential people in legal education, based on a survey of 350 professors and deans. Reformers and innovators top the list. #5: Kyle McEntee is co-founder of Law School Transparency. The non-profit is dedicated to “fixing the broken economic model that law schools currently operate [...]
January 3, 2013 -
Stealth Lawyer: Kelly Newsome, Yoga InstructorDec. 19 (Bloomberg) — Kelly Newsome, founder of Washington, D.C.’s Higher Ground Yoga, discusses her transition from practicing law to becoming a yoga instructor. Newsome, speaking with Bloomberg Law’s Spencer Mazyck, also talks about her decision to create a yoga-based wellness practice for women. (Source: Bloomberg)
December 19, 2012 -
Lawyer: Madoff May Be One of My Clients’ Better InvestmentsDec. 18 (Bloomberg) — Arthur Jakoby, Co-Chair of the Securities and Commodities Litigation and Regulatory Practice Group at Herrick Feinstein LLP, talks with Bloomberg Law’s Spencer Mazyck about his representation of Beacon Associates LLC and Andover Associates LLP in the recently announced, unprecedented settlement of various litigations arising out of the collapse of Bernard L. [...]
December 18, 2012 -
Weekly Brief: A Banner Week for Financial ProsecutionsDec. 13 (Bloomberg Law) — It’s been a good week for financial prosecutions, with HSBC agreeing to pay a record $1.9 billion to settle U.S. money laundering claims, and the first three arrests in the UK’s Libor rigging probe. Also, Supreme Court Justice Sonia Sotomayor reveals how diabetes has affected her life. Finally, BigLaw managing [...]
December 13, 2012 -
Stealth Lawyers: The Zagats, Founders of Zagat Survey LLCDec. 12 (Bloomberg) — Tim and Nina Zagat, founders of Zagat Survey LLC, discuss their transitions from practicing law to creating a restaurant review service. The Zagats, speaking with Bloomberg Law’s Spencer Mazyck, also talk about the decision to sell their company to Google Inc. (Source: Bloomberg)
December 12, 2012 -
Filmmaker’s Lawyer Asserts Privilege to Oppose NYC SubpoenaDec. 11 (Bloomberg) — John Siegal, partner at Baker Hostetler LLP, talks about his representation of filmmakers Ken Burns, Sarah Burns, David McMahon and their company, Florentine Films, in a battle with the City of New York over unused footage from their new documentary, “The Central Park Five.” Siegal, speaking with Bloomberg Law’s Spencer Mazyck, [...]
December 11, 2012 -
Stealth Lawyer: John Berglund, Caribbean PerfumerDec. 5 (Bloomberg) — John Berglund, perfumer and author of “A Beach Less Traveled,” talks about his transition from practicing law to opening a perfumery. Berglund, speaking with Bloomberg Law’s Spencer Mazyck, discusses his 10-year plan to leave corporate America and become a small business owner in the Caribbean. (Source: Bloomberg)
December 5, 2012