Podcasts about Cravath

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Best podcasts about Cravath

Latest podcast episodes about Cravath

PolicyCast
Crypto is merging with mainstream finance. Regulators aren't ready

PolicyCast

Play Episode Listen Later Apr 17, 2025 55:30


Timothy Massad is currently a Senior Fellow at the Mossavar-Rahmani Center for Business and Government at Kennedy School of Government at Harvard University, an Adjunct Professor of Law at Georgetown Law School and a consultant on financial regulatory and fintech issues. Massad served as Chairman of the U.S. Commodity Futures Trading Commission from 2014-2017. Under his leadership, the agency implemented the Dodd Frank reforms of the over-the-counter swaps market and harmonized many aspects of cross-border regulation, including reaching a landmark agreement with the European Union on clearinghouse oversight. The agency also declared virtual currencies to be commodities, introduced reforms to address automated trading and strengthened cybersecurity protections. Previously, Mr. Massad served as the Assistant Secretary for Financial Stability of the U.S. Department of the Treasury. In that capacity, he oversaw the Troubled Asset Relief Program (TARP), the principal U.S. governmental response to the 2008 financial crisis. Massad was a partner in the law firm of Cravath, Swaine & Moore, LLP. His practice included corporate finance, derivatives and advising boards of directors. Massad was also one of a small group of lawyers who drafted the original ISDA standard agreements for swaps.Howell Jackson is the James S. Reid, Jr., Professor of Law at Harvard Law School. His research interests include financial regulation, consumer financial protection, securities regulation, and federal budget policy. He has served as a consultant to the United States Treasury Department, the United Nations Development Program, the World Bank, and the International Monetary Fund. He frequently consults with government agencies and congressional committees on issues related to financial regulation. From 2023 to 2024, he was a Senior Adviser to the National Economic Council.   Since 2005, Professor Jackson has been a trustee of College Retirement Equities Fund (CREF).  He has also served as a director of Commonwealth, a non-profit dedicated to strengthening financial opportunities for low and moderate-income consumers. At Harvard University, Professor Jackson has served as Senior Adviser to the President and Acting Dean of Harvard Law School. Before joining the Harvard Law School faculty in 1989, Professor Jackson was a law clerk for Associate Justice Thurgood Marshall and practiced law in Washington, D.C. Professor Jackson received his J.D. and M.B.A. degrees from Harvard University in 1982 and a B.A. from Brown University in 1976.Ralph Ranalli of the HKS Office of Communications and Public Affairs is the host, producer, and editor of HKS PolicyCast. A former journalist, public television producer, and entrepreneur, he holds an BA in political science from UCLA and a master's in journalism from Columbia University.Scheduling and logistical support for PolicyCast is provided by Lilian Wainaina.Design and graphics support is provided by Laura King. Web design and social media promotion support is provided by Catherine Santrock and Natalie Montaner. Editorial support is provided by Nora Delaney and Robert O'Neill .  

On Tax
Gus Makris of Dow

On Tax

Play Episode Listen Later Apr 8, 2025 33:17


Gus Makris is Senior Managing Counsel and Head of the Office of Tax Counsel at Dow, a global materials science company. In this episode of On Tax, he and fellow Cravath partner and host Len Teti talk about how Gus made his way to his current role at Dow, where he has found a culture that deeply values tax advisory, and how the lessons he learned while a tax associate at Cravath have continued to inform his practice. Gus also reminisces about his time in law school and shares key insights and advice for attorneys and young professionals just beginning their careers. Hosted on Acast. See acast.com/privacy for more information.

Horizon Scanning
The ESG and DEI Discussion - from Brussels to Washington

Horizon Scanning

Play Episode Listen Later Mar 20, 2025 33:38


How is the evolving ESG landscape, particularly in relation to diversity, equality, and inclusion impacting business strategies across the US, UK, and EU? Join Harry Hecht, Philippa O'Malley and Moira Thompson Oliver in the latest Governance & Sustainability episode of our Horizon Scanning podcast show as they sit down with Michael Arnold, Partner at Cravath, Swaine & Moore LLP, to explore how ESG, particularly DEI, has become central to the electoral cycle on both sides of the Atlantic.

On Tax
Andrew Compton of Cravath, Swaine & Moore LLP

On Tax

Play Episode Listen Later Mar 18, 2025 22:15


Andrew Compton is a partner in the Corporate Department at Cravath. In the Season 9 premiere of On Tax, he and fellow Cravath partner and host Len Teti talk about how his work in the energy and energy transition sectors intersects with the world of tax, and the importance of taking calculated risks throughout one's career. Andrew also discusses the lessons he learned while working in Asia, including the benefits of finding commonality with the people on the other side of the negotiating table. Hosted on Acast. See acast.com/privacy for more information.

acast compton cravath corporate department swaine moore cravath swaine
On Tax
Welcome to Season 9 of On Tax

On Tax

Play Episode Listen Later Mar 11, 2025 2:03


On Tax returns for Season 9 on Tuesday, March 18. This season, tune in as Cravath partner and podcast host Len Teti talks to professionals in the world of tax about the different routes they took into tax and the challenges and opportunities they faced along the way. Next week's guest is Cravath corporate partner Andrew Compton, who discusses how his work in the energy and energy transition sectors intersects with the world of tax, and the importance of taking calculated risks throughout one's career. Learn more about On Tax at cravath.com/podcast/index. Hosted on Acast. See acast.com/privacy for more information.

Her Success Story
From Fear to Empowerment: Jessie Gabriel on Creating a Values-Driven Law Firm

Her Success Story

Play Episode Listen Later Jan 20, 2025 30:42


This week Ivy Slater, host of Her Success Story, chats with her guest, Jessie Gabriel. The two talk about communicating company values, overcoming the fear of using one's voice, and the critical importance of building a supportive team. Jessie shares how her firm evolved from a "by women for women" brand to an inclusive space appealing to clients of all genders. In this episode, we discuss: How authenticity shapes leadership What inspired Jessie to start her own business How managing a team presents unique challenges and rewards How entrepreneurship fosters personal growth and self-discovery Why community support is vital for entrepreneurs   Jessie Gabriel is the founder of All Places, a champion for women, and a prominent voice on the role of capital ownership and control in achieving gender equity. Raised by a single working mother in Southern California, Jessie's success came with a deep appreciation of how gender norms and unequal access to capital contribute to a systemic lack of opportunities for women-identifying entrepreneurs and executives. Jessie's personal vision and passionate advocacy are fueled by the desire to create true change–All Places is the culmination of her expertise and ethos, a space for women to formulate businesses of all kinds, receive trusted legal and strategic guidance, and ultimately cultivate long-term financial success. Jessie started her career in economics, working first at a consulting firm before moving to a major think tank. As a lawyer, she has worked at some of the country's most prestigious firms, including Cravath, Swaine & Moore and BakerHostetler, where she was the youngest woman to lead her own team and launched the firm's Investment Funds practice. Her clients have ranged from Fortune 10 companies to trailblazing pre-seed startups, and have included numerous women-founded private equity, venture capital, and hedge funds. In 2020, she stepped down as an equity partner to launch All Places. Jessie serves as an advisor to First Women's Bank, Mercer regarding their Leap mandate, and Turning Rock Partners (a women-led private credit fund managing over $1b in assets), and sits on the Boards of the New America Alliance, an organization that advocates for the Latinx asset management community, and New Destiny Housing, which builds permanent, beautiful, affordable housing for families that have survived domestic violence. Jessie received her B.A. in economics from Dartmouth College and her J.D. cum laude from the University of Michigan Law School, where she was elected to the Order of the Coif, won the Campbell Moot Court Competition, and served as Executive Editor of the Michigan Journal of Race and Law.   https://www.all-places.com/ https://www.linkedin.com/in/jessiegabriel/    

The Deal
Drinks With The Deal: Freshfields' Murti Talks About Associate Years, Changing Firms

The Deal

Play Episode Listen Later Jan 16, 2025 31:37


Sanjay Murti, an M&A partner at Freshfields in New York, discusses how he approached being an associate, the grueling year before making partner and his decision to lateral to Freshfields from Cravath. 

Boardroom Governance with Evan Epstein
Ben Joseloff: The Board's Guide to CFIUS and Evolving National Security Reviews

Boardroom Governance with Evan Epstein

Play Episode Listen Later Jan 6, 2025 57:35


(0:00) Intro(1:43) About the podcast sponsor: The American College of Governance Counsel(2:29) Start of interview(3:11) Ben's origin story(9:39) His start at Cravath in 2010(10:54) His time at the U.S. Treasury Department and the White House. (15:04) About CFIUS.  Reforms from FIRRMA (2018). Control transactions and minority investments in critical technologies, critical infrastructure, or sensitive personal data.(24:45) Trends in transaction reviews. CFIUS Annual Report to Congress – CY 2023(30:00) Presidential prohibitions under CFIUS. (32:23) CFIUS and crypto.(34:02) The TikTok case.(36:14) Restrictions on outbound investments in China: AI, semiconductors, and quantum computing.(42:13) De-risking vs de-coupling from China. Geopolitics and the boardroom.(44:40) Industrial policies.(47:21) Advice for corporate directors on national security matters.(49:30) Books that have greatly influenced his life:Wind, Sand and Stars by Antoine de Saint-Exupery (1939)Elements of Style by Strunk and White (1918)(51:46) His mentors. (53:04) Quote that he thinks of often or lives his life by. The "Spirit of Liberty" Speech Judge Learned Hand (1944)(54:34)  An unusual habit or absurd thing that he loves.(55:42) The person he most admires. You can follow Evan on social media at:X: @evanepsteinLinkedIn: https://www.linkedin.com/in/epsteinevan/ Substack: https://evanepstein.substack.com/__To support this podcast you can join as a subscriber of the Boardroom Governance Newsletter at https://evanepstein.substack.com/__Music/Soundtrack (found via Free Music Archive): Seeing The Future by Dexter Britain is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License

Law, disrupted
A Conversation with David Boies

Law, disrupted

Play Episode Listen Later Dec 19, 2024 43:17


 John is joined by one of the most famous litigators in the world, David Boies, Chairman and Founding Partner of Boies Schiller Flexner.  They discuss David's career, unique aspects of trial work, and the challenges of transitioning leadership in law firms.  David describes his early years at Cravath, Swaine & Moore, LLP, where he became a partner in 1972, and his founding of Boies Schiller in 1997.  He candidly discusses the aging process, especially the balance that exists between somewhat diminishing memory and the ever-improving judgment that comes with experience.  Despite plans to step down as Chairman of his firm at the end of the year, David remains engaged in high-stakes litigation, particularly cases which may improve society, such as marriage equality and sex trafficking litigation.   John and David also discuss trial advocacy.  David believes that trials are both morality plays and peculiar searches for truth, shaped by a unique decision-making process that excludes jurors with specialized knowledge and forbids them from seeking knowledge in the ways they are accustomed to.  They also discuss the unique pressures on courtroom lawyers, including the need to say everything right in real time, having a professional constantly trying to make you look bad, a jury that studies everything you say or do, and clients watching whose fortune or liberty depends on your performance.  John and David also discuss the business of law, critiquing the hourly billing model and reflecting on the challenges of aligning client and firm interests in alternative fee arrangements.  They agree that legal practice, while demanding, remains intellectually and personally rewarding.  David also offers his thoughts on his late friend and sometimes adversary Ted Olson, whose integrity, warmth, and professionalism left a lasting impact.  Finally, John and David discuss the possibility of a follow-up to David's book Courting Justice, which chronicled significant cases from his career in light of the major cases he has had in the years since the book was published.Podcast Link: Law-disrupted.fmHost: John B. Quinn Producer: Alexis HydeMusic and Editing by: Alexander Rossi

On Tax
Tara Rhoades of The Sanity Plea LLC

On Tax

Play Episode Listen Later Dec 17, 2024 30:13


Tara Rhoades is the founder of The Sanity Plea, where she serves as a coach, strategist, speaker and educator for lawyers, law firms, students and other professionals. In this episode of On Tax, she and Cravath partner and host Len Teti talk about how Tara's passion for mentorship guided her through several career transitions. They also discuss Tara's time as an associate in Cravath's Tax Department and the lessons that helped shape both her law and coaching practices. Hosted on Acast. See acast.com/privacy for more information.

Horizon Scanning
Tax News - U.S. tax policy post-election

Horizon Scanning

Play Episode Listen Later Dec 12, 2024 37:45


In this special episode of our Tax News podcast, Zoe Andrews and Tanja Velling asked Arvind Ravichandran, Tax Partner at Cravath, Swaine & Moore LLP, what U.S. tax policy may look like during a second Trump Administration. During the episode, we cover: The significance of the Republican Party achieving a “trifecta” in the November 2024 elections. How tax legislation can be passed by simple majority vote through the Budget Reconciliation process. What policy proposals could be on the table and how you can look out for clues as the incoming Administration's policies develop. Listen to the podcast to learn more about what might happen next on U.S. tax policy.

Horizon Scanning
Part 2: ESG in the year of the election

Horizon Scanning

Play Episode Listen Later Dec 12, 2024 35:27


Harry Hecht and Moira Thompson Oliver, joined by Michael Arnold, Partner at Cravath, Swaine & Moore LLP, reflect on the evolving ESG landscape following recent elections in the US, UK, and EU. They explore whether ESG policy has become clearer or more opaque, given the varying political contexts. The discussion highlights the persistent transatlantic divergence in ESG priorities, with the US showing signs of potential pullback, while the EU and UK maintain stronger momentum, albeit with certain challenges. The conversation delves into critical developments shaping the ESG agenda, including the EU elections and then Draghi Report's potential to spur innovation and competitiveness, the implications of US federal and state policy divergence post-election, and how the EU 'Omnibus' instrument might simplify disclosure requirements and rein in over-reporting. They also offer insights on how companies can effectively respond to these trends.

The Deal
Drinks With The Deal: Cravath's Perkins Discusses Military Service in Afghanistan

The Deal

Play Episode Listen Later Dec 5, 2024 24:08


Dave Perkins, the co-head of PE at Cravath, talks about being called up from the U.S. Army Reserve to serve in Afghanistan as a young associate and how he approached building a PE practice at his law firm.

On Tax
Susanne Schreiber of Bär & Karrer

On Tax

Play Episode Listen Later Dec 3, 2024 22:58


Susanne Schreiber is the Senior Partner and Co-Head of the Tax Department at the law firm Bär & Karrer in Zurich, Switzerland. In this episode of On Tax, she and Cravath partner and host Len Teti discuss how an early interest in corporate tax guided Susanne from law school in Germany to her current role. They also talk about key differences between the practice of tax law in the United States and in Switzerland and reflect on two essential components of any successful partner's job: mentorship and collaboration. Hosted on Acast. See acast.com/privacy for more information.

Hooks & Runs
227 - Gavy Cravath: The Deadball Era's Home Run King w/ Rick Reiff

Hooks & Runs

Play Episode Listen Later Nov 22, 2024 62:49


Rick Reiff is our guest this week to discuss his essay in the Fall 2024 Baseball Research Journal, "Gavy Cravath's Hall-Worthy 200 Home Runs."  Cravath, a late arrival, played 11 seasons in the Major Leagues and led the National League in home runs in six of those seasons, from 1913 to 1919. Cravath also led the Senior Circuit in RBI twice, in on base percentage twice and slugging percentage three times. Despite being the preeminent home run hitter in the Deadball Era, Cravath remains on the outside looking in for Hall of Fame induction. Reiff makes the case to remedy this.In part 2, Craig and Rex talk about the Rays playing their 2025 regular season at the Yankees' spring training home, the latest billion-dollar boondoggle to return the Houston Astrodome, an aging eyesore, to usefulness and how to turn a juice box to an ice box.Errata: Craig, its the Donner Party, not the Bonner Party.You can support Hooks & Runs by purchasing books through our store at Bookshop.org. Here's the link. https://bookshop.org/shop/hooksandruns Hooks & Runs - www.hooksandruns.com Email: hooksandruns@protonmail.com Hooks & Runs on TwitterCraig at Bluesky (@craigest.bsky.social)Rex (Krazy Karl's Music Emporium) on Facebookhttps://www.facebook.com/people/Krazy-Karlz-Music-Emporium/100063801500293/ Hosts Emeriti:Andrew Eckhoff on Tik TokEric on FacebookMusic: "Warrior of Light" by ikolics (via Premium Beat)     This podcast and this episode are copyright Craig Estlinbaum, 2024.   

Minimum Competence
Legal News for Thurs 11/21 - Big Law Tepid Bonus Season, US Charges Against Billionaire Adani, DOJ Actions Against Google and CFPB Rules for Digital Wallets

Minimum Competence

Play Episode Listen Later Nov 21, 2024 7:41


This Day in Legal History: Gong Lum v. RiceOn November 21, 1927, the U.S. Supreme Court issued its decision in Gong Lum v. Rice, a landmark case concerning racial segregation in public education. The case arose when Martha Lum, a nine-year-old Chinese American girl, was denied entry to a school for white children in Mississippi. Local authorities directed her to attend a school designated for Black students under the state's racially segregated education system. Her father, Gong Lum, challenged the decision, arguing that such segregation violated the Equal Protection Clause of the Fourteenth Amendment.The Supreme Court, however, ruled unanimously that Mississippi's actions were constitutional. It extended the "separate but equal" doctrine established in Plessy v. Ferguson (1896) to include Asian Americans, thereby reinforcing the legality of segregated schools. The Court maintained that states had the authority to classify students by race and assign them to separate schools, as long as the facilities were deemed equal. This decision effectively placed Chinese Americans and other non-White groups under the same discriminatory segregation laws applied to African Americans in the Jim Crow South.The ruling was a significant blow to the Lum family and a stark reminder of the pervasive racial hierarchies embedded in U.S. law at the time. It also illustrated how the "separate but equal" doctrine legitimized widespread exclusion and inequality, beyond Black and White racial dynamics. The precedent set by Gong Lum v. Rice remained unchallenged for decades, contributing to the entrenchment of racially segregated education across the United States.This decision underscored the systemic nature of racial discrimination in early 20th-century America. It wasn't until Brown v. Board of Education in 1954 that the Supreme Court overruled the doctrine of "separate but equal," marking a pivotal shift toward dismantling segregation in public education. Gong Lum v. Rice remains a critical case in the history of American civil rights law, reflecting the broader struggles of minority groups against institutionalized racism.The latest round of year-end bonuses at major law firms reflects a cautious approach to associate compensation as firms prioritize protecting partner profits amid rising revenues. Milbank LLP initiated the bonus announcements, offering payments up to $140,000, including special bonuses introduced earlier in the year. At least five firms have matched Milbank's bonus structure, with others expected to follow. However, the stagnant bonus scale, unchanged since 2021, indicates a broader effort to manage costs while maintaining profitability.This year, firms are separating special bonuses from regular ones to avoid setting new precedents for higher compensation scales. Recruiters note that Milbank's early announcements help attract associate attention, a valuable branding strategy. The firm's financial success, with $1.5 billion in gross revenue and over $5.1 million in profits per equity partner last year, underscores its robust position, even as it faces some high-profile departures and lateral hires.Despite the cautious bonus adjustments, top law firms are thriving. A Wells Fargo survey revealed a 15% revenue increase and a 25% net income rise among the 50 largest firms, driven by higher demand, productivity, and billing rates. Still, associate productivity has only slightly improved from record lows, and firms are increasingly focusing on partner-level recruitment to sustain profitability. Traditional leaders like Cravath remain influential in finalizing bonus decisions, reinforcing long-standing industry customs.Big Law Hedges Associate Bonuses to Protect Partner ProfitsIndian billionaire Gautam Adani has been charged by U.S. prosecutors in a $265 million bribery scheme involving payments to Indian officials to secure power contracts and develop India's largest solar power project. The indictment, which includes securities fraud and conspiracy charges, also implicates Adani's nephew, Sagar Adani, and former Adani Green Energy CEO Vneet Jaain. The scheme allegedly defrauded American investors by concealing corruption in financial materials for bond offerings, including one that raised $750 million in 2021.The U.S. has issued arrest warrants for Gautam and Sagar Adani, intending to involve foreign authorities under an extradition treaty with India. Adani's conglomerate, already under scrutiny after a critical report by Hindenburg Research in 2023, saw its market value plunge by $20 billion following the indictment. Adani Green Energy canceled a $600 million bond sale, and shares of Adani-related firms dropped sharply.Indian regulators, including SEBI, have yet to comment on the U.S. charges, while opposition parties in India demand further investigations into the group. The Adani Group denies the allegations and plans to challenge the charges, but the scandal has intensified scrutiny over the company's operations and political connections.Indian tycoon Gautam Adani charged in US over $265 million bribery scheme | ReutersThe U.S. Department of Justice (DOJ) has proposed sweeping measures to address what it calls Google's illegal monopoly in online search and related advertising. Prosecutors argue that Google must divest its Chrome browser, share search data with competitors, and potentially sell its Android operating system to restore competition. The proposals aim to dismantle Google's dominant market position, as it processes 90% of U.S. searches.Other recommendations include banning Google from exclusive agreements with device makers like Apple, ending its preference for its search engine on Chrome and Android, and restricting acquisitions of search rivals or AI products. A five-member technical committee would oversee compliance for up to a decade, with powers to review documents, interview staff, and inspect software code.Chrome and Android are central to Google's business, as they collect user data crucial for targeted advertising. Prosecutors claim these platforms unfairly entrench Google's dominance by limiting rivals' market access. The DOJ also proposes mandatory licensing of search results to competitors at low cost and unrestricted data-sharing unless privacy laws prevent it. Google opposes the measures, calling them government overreach that would harm consumers and innovation. A trial is scheduled for April 2025, during which Google can present alternative proposals. These measures could reshape the digital landscape and are being closely watched by competitors like DuckDuckGo, which supports the DOJ's initiatives.Google must divest Chrome to restore competition in online search, DOJ says | ReutersThe U.S. Consumer Financial Protection Bureau (CFPB) has finalized a rule to regulate major technology firms like Apple Inc. that offer digital wallets and payment apps. Companies processing more than 50 million U.S.-dollar transactions annually will now face oversight similar to banks. This rule significantly raises the initial threshold of 5 million transactions proposed last year. It empowers the CFPB to supervise these firms regularly, not just when legal violations occur, as digital payments become increasingly essential to consumers.CFPB Director Rohit Chopra emphasized that digital payments are now a necessity, warranting heightened oversight. The shift comes as digital wallet usage in the U.S. surged to 62% in 2023, up from 47% the previous year, with Apple Pay maintaining dominance in the sector.The new regulatory environment follows global scrutiny of tech firms. Apple recently agreed with European regulators to open its near-field communication technology to competitors, a notable change in its approach. Other firms, like PayPal, are also cooperating with the CFPB on compliance questions regarding digital wallet features.The rule, set to take effect 30 days after its publication, introduces a significant shift in how large tech firms are governed. However, it remains an open question how these regulations will fare under the Trump administration, given the potential for policy shifts in the new political climate.Apple Pay, Other Tech Firms Come Under CFPB Regulatory Oversight This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe

On Tax
Ariel Greenblum of Tax Notes Federal

On Tax

Play Episode Listen Later Nov 12, 2024 24:03


Ariel Greenblum is the Editor in Chief of Tax Notes Federal, a weekly journal published by Tax Analysts that features stories and commentary on federal taxation. In this episode of On Tax, Ariel and Cravath partner and host Len Teti branch out into the world of tax journalism, exploring how an early interest in economics and tax law shaped Ariel's path from law student to editor. Ariel also shares what she sees as the hallmarks of a successful editorial process and reflects on the differences between accuracy and clarity in legal writing. Hosted on Acast. See acast.com/privacy for more information.

Teleforum
Competition and Consumer Banking: Bank Mergers, Credit Cards, and the Capital One-Discover Deal

Teleforum

Play Episode Listen Later Nov 5, 2024 61:57


In September, the Department of Justice announced that it would withdraw its 1995 bank merger guidelines and apply its 2023 merger guidelines for all industries, a move that some have interpreted as signaling stricter review of bank mergers. At the same time, Congress is considering the “Credit Card Competition Act,” which purports to promote competition in the credit card network space. Join us for a discussion of these topics and their implications for consumers, competition, and the economy as well as Capital One’s proposed acquisition of Discover.Featuring:Prof. Todd Zywicki, George Mason University Foundation Professor of Law, Antonin Scalia Law School, George Mason UniversitySen. Patrick Toomey, Former United States Senator (PA), Ranking Member of the Senate Committee on BankingDr. Diana Moss, Vice President and Director of Competition Policy, Progressive Policy InstituteModerator: Jelena McWilliams, Managing Partner and Head of the Financial Institutions Group, Cravath, Swaine, & Moore Washington, D.C. office, Former Chairman of the Federal Deposit Insurance Corporation (FDIC)--To register, click the link above.

Blunt Force Truth
Woke Takeover in American Corporations – w/ Stefan Padfield

Blunt Force Truth

Play Episode Listen Later Oct 30, 2024 76:23


On Today's Episode – Mark starts us out with a quick intro of today's guest.  We then answer a listener's question – this guy is talking to his neighbor and was asking BFT about how to better communicate to this neighbor.  We talk about how the media is so left wing, the numbers are not even close.  We look back and reconsider election fraud in 2020, and how cases of votes were brought in at 3 in the morning. We hop over to Stefan's article and move into talking all things DEI.  Tune in for all the fun https://nationalcenter.org/ @stefanpadfield FEP Director Stefan Padfield says, "There hasn't been a more significant ‘brand' for centralizing power in the managerial elite since the New York Times praised Joseph Stalin's five-year plans.” See here what Padfield is referring to: https://dcjournal.com/woke-inc-and-esg/ Stefan Padfield is the Director of the National Center's Free Enterprise Project (FEP), which is the original and premier opponent of the woke takeover of American corporate life. FEP files shareholder resolutions, engages corporate CEOs and board members, submits public comments, engages state and federal leaders, crafts legislation, files lawsuits and directs media campaigns to push corporations to respect their fiduciary obligations and to stay out of political and social engineering. Prior to joining FEP, Stefan spent over 15 years teaching law at the University of Akron School of Law, publishing over 15 law review articles and a book chapter. He co-authored a two-volume mini-treatise on the history of economic thought and contributed to the Business Law Prof Blog. Stefan previously worked in private practice at Cravath, Swaine & Moore, LLP, and clerked for two federal court judges. Stefan originally emigrated to the U.S. as a child, later becoming a U.S. citizen and serving 6 years in the U.S. Army. Stefan earned his Juris Doctorate from the University of Kansas and a Bachelor of Arts degree from Brown University.  

On Tax
JoAnn Chávez of DTE Energy

On Tax

Play Episode Listen Later Oct 22, 2024 46:32


JoAnn Chávez is the Senior Vice President and Chief Legal Officer at DTE Energy. In this episode of On Tax, she and Cravath partner and host Len Teti discuss how a willingness to advocate for her own ambitions led JoAnn to pursue an unusual path to leadership through the tax world. She also reflects on the power of making the right choices for oneself and her commitment to uplifting young Latinos just beginning their careers in law. Hosted on Acast. See acast.com/privacy for more information.

Engelberg Center Live!
Health Care at Reasonable Cost: March-in Rights and § 1498

Engelberg Center Live!

Play Episode Listen Later Oct 16, 2024 53:44


David J. Kappos, Cravath, Swaine, & Moore LLPAaron Kesselheim, Brigham and Women's Hospital/Harvard Medical SchoolRochelle Dreyfuss, Engelberg Center on Innovation Law & Policy, NYU School of Law (moderator)

Legal Speak
Cravath's Len Teti on the Human Side of Tax Law

Legal Speak

Play Episode Listen Later Oct 4, 2024 35:12


In this week's Legal Speak episode, Cravath, Swaine & Moore tax partner Len Teti discusses the firm's only podcast, "On Tax", which he hosts. Teti has been doing the show for eight seasons, and the podcast has been a hit. Here, Teti explains its genesis, why he does it on top of his practice and why he feels it is an effective recruiting tool for the firm.

On Tax
Jim Piazza, formerly of Deloitte

On Tax

Play Episode Listen Later Oct 1, 2024 23:23


Jim Piazza recently retired as a Senior Marketplace and Tax Partner at Deloitte. In this episode of On Tax, he and Cravath partner and host Len Teti discuss how his auditing background and focus on relationship building helped him achieve success throughout his career. Jim also reflects on the link between stewardship and leadership when investing in new talent and shares what's keeping him busy in retirement. Hosted on Acast. See acast.com/privacy for more information.

On Tax
Ali Denning of Cravath, Swaine & Moore LLP

On Tax

Play Episode Listen Later Sep 10, 2024 24:26


Ali Denning is a partner in the Trusts and Estates Department at Cravath. In the Season 8 premiere of On Tax, she and fellow Cravath partner and host Len Teti discuss how her diverse interests as an undergraduate led her to test out different paths and eventually pursue a service-oriented career in law. Ali also talks about the importance of listening and communication in her work and shares her approach to fostering new talent at the Firm. Hosted on Acast. See acast.com/privacy for more information.

acast firm trusts denning cravath swaine moore cravath swaine
On Tax
Welcome to Season 8 of On Tax

On Tax

Play Episode Listen Later Sep 3, 2024 1:12


On Tax returns for Season 8 on Tuesday, September 10. This season, tune in as Cravath partner and podcast host Len Teti talks to professionals in the world of tax about their varied careers and the decisions they made along the way. Next week's guest is Cravath trusts and estates partner Ali Denning, who discusses how her diverse interests as an undergraduate led her to test out different paths and eventually pursue a service-oriented career in law. Learn more about On Tax at cravath.com/podcast. Hosted on Acast. See acast.com/privacy for more information.

Advisory Opinions
How to Disagree

Advisory Opinions

Play Episode Listen Later Aug 13, 2024 94:19


In this three-guest special episode (wait, does David count as one? Are we still doing that?), Noah Phillips, former Federal Trade Commission commissioner and co-chair of the antitrust practice at Cravath, joins Sarah and David to discuss the reality of antitrust law. Then, John Inazu, the Sally D. Danforth Distinguished Professor of Law and Religion at Washington University in St. Louis, joins to discuss his book Learning to Disagree: The Surprising Path to Navigating Differences with Empathy and Respect. The Agenda: —The religious discrimination case against Dave Ramsey  —Texas can keep floating barrier to defend border —6th Circuit rejects challenges to school pronoun policy —Judge dismisses antisemitism lawsuit against MIT, Harvard's can move ahead —Minority coalitions “do not comport” with Section Two of the Voting Rights Act, federal appeals court rules —Antitrust's loooooong history —Size and power of Big Tech companies —Learning how to disagree —Mental health as a priority in student culture —Artificial intelligence in education Show Notes: —Noah Phillips' appearance on The Remnant Advisory Opinions is a production of The Dispatch, a digital media company covering politics, policy, and culture from a non-partisan, conservative perspective. To access all of The Dispatch's offerings—including Sarah's Collision newsletter, weekly livestreams, and other members-only content—click here. Learn more about your ad choices. Visit megaphone.fm/adchoices

Minimum Competence
Legal News for Weds 7/17 - Biden Eyes SCOTUS Term Limits and Ethics Code, Judge Kindred Conflicts, Gun Permit Ruling in MN, Tesla Changes Legal Teams and ex-Judge Jones Updates

Minimum Competence

Play Episode Listen Later Jul 17, 2024 8:51


This Day in Legal History: Lincoln Signs the Second Confiscation ActOn July 17, 1862, President Abraham Lincoln signed the Second Confiscation Act into law, marking a significant legal development during the Civil War. This act allowed for the seizure of property owned by individuals engaged in rebellion against the Union. Unlike previous measures, it did not require due process or provide an opportunity for the accused to defend themselves. The act targeted Confederate supporters, intending to weaken the rebellion by stripping resources from those aiding the Confederate cause. The legislation also declared that enslaved people who escaped from rebel owners or were captured by Union forces would be considered free. This move was a precursor to the Emancipation Proclamation and signaled a shift in Union policy towards a more aggressive stance against slavery. The Second Confiscation Act was controversial, as it raised significant legal and constitutional questions regarding property rights and due process. Critics argued it overstepped executive powers and violated the Fifth Amendment.Despite these concerns, the act was a critical step in undermining the Confederate war effort and advancing the Union's moral and strategic objectives. It reflected the growing commitment of the Lincoln administration to not only preserve the Union but also to end slavery. The Second Confiscation Act thus played a pivotal role in the broader legal and political landscape of the Civil War.President Joe Biden is preparing to introduce proposals for significant Supreme Court reforms, including imposing term limits on justices, who currently serve for life. This marks a notable shift for Biden, who has previously resisted such reforms despite pressure from within his party. The proposals also include an enforceable ethics code for justices and a constitutional amendment to overturn a recent Supreme Court decision granting broad immunity to presidents for official actions.However, these changes are expected to face considerable challenges in becoming law, especially with Congress unlikely to address major legislation before the upcoming election. Biden's proposals come amidst a tight race against former President Donald Trump, who leads in public opinion polls. Congressional Republicans are expected to oppose the reforms, viewing the current conservative Supreme Court as a significant political achievement.The White House has yet to consult with key lawmakers about the plans, and Press Secretary Karine Jean-Pierre has declined to comment. Biden hinted at these proposals in a recent call with the Congressional Progressive Caucus, aiming to garner support after a poor performance in a presidential debate. The Democratic push for Supreme Court reform has grown following several controversial rulings, including the overturning of Roe v. Wade and the rejection of Biden's student loan cancellation plan. Justice Clarence Thomas has also faced scrutiny for not disclosing expensive gifts from conservative donors. The court's decision granting presidential immunity for official acts has further complicated efforts to prosecute Trump. Biden criticized this decision, arguing it contradicts the founders' intentions. In response, Trump accused Democrats of undermining the Supreme Court and interfering in the presidential election. Biden to Propose Supreme Court Reforms, Including Term LimitsBiden seriously considering proposals on Supreme Court term limits, ethics code, AP sources sayFederal prosecutors in Alaska have identified 23 criminal cases with potential conflicts of interest involving former U.S. District Judge Joshua Kindred, who resigned following sexual misconduct allegations. The 9th Circuit Judicial Council reprimanded Kindred for creating a hostile work environment and engaging in an inappropriate relationship with a law clerk. Although the clerk did not work on cases before Kindred, potential conflicts existed in other cases.Bryan Wilson, head of the U.S. Attorney's Office's criminal division, detailed the conflicts in an email to Alaska's federal public defender. These conflicts included interactions between Kindred and several attorneys, such as a senior prosecutor who sent him nude photos and another attorney who exchanged flirtatious texts. These undisclosed conflicts could lead defense lawyers to challenge convictions or sentences from cases Kindred oversaw.The U.S. Attorney's Office had taken steps to mitigate conflicts since late 2022 by notifying the district's chief judge and reassigning cases from Kindred. However, Federal Public Defender Jamie McGrady criticized the office for not disclosing the conflicts sooner and noted that the recusal of Kindred did not eliminate prejudice against defendants. Her office plans to investigate all cases involving attorneys who interacted with Kindred to ensure justice.Former Alaska judge had potential conflicts in 23 cases, prosecutors say | ReutersA federal appeals court ruled that Minnesota's law requiring individuals to be at least 21 to obtain a permit to carry a handgun in public for self-defense is unconstitutional. The 8th U.S. Circuit Court of Appeals found the law violated the Second Amendment rights of 18- to 20-year-olds. U.S. Circuit Judge Duane Benton, writing for the panel, emphasized that the Second Amendment does not specify an age limit.The court upheld a previous ruling in favor of the Second Amendment Foundation, the Firearms Policy Coalition, and the Minnesota Gun Owners Caucus, which had challenged the law. The decision referenced the 2022 Supreme Court ruling in New York State Rifle & Pistol Association v. Bruen, which set a new standard for evaluating firearm regulations, stating they must align with the nation's historical tradition of firearm regulation.Judge Benton noted that Minnesota failed to show that 18- to 20-year-olds posed specific risks that justified the age restriction. Despite this, the Supreme Court had recently upheld a federal ban on gun possession for individuals under domestic violence restraining orders, indicating that certain modern firearm restrictions could be valid without historical precedent.Minnesota Attorney General Keith Ellison expressed disappointment with the ruling, arguing it complicates efforts to reduce shootings and enhance public safety. This decision is part of a broader trend of gun rights groups challenging age-based firearm restrictions in various states.Minnesota cannot bar adults under 21 from carrying guns, court rules | ReutersTesla has replaced its long-time law firm, Cravath, Swaine & Moore, with Wilmer Cutler Pickering Hale and Dorr in a California class action antitrust case. This change, noted in court records, comes as Tesla faces allegations of monopolizing the market for vehicle parts and services, which has purportedly led to consumers paying higher prices. The reason for the switch was not disclosed, and neither Tesla nor the involved law firms commented.The class action case saw a significant development in June when a judge refused to dismiss the claims against Tesla. Shortly thereafter, Wilmer attorneys made their debut appearance for Tesla, continuing to deny the plaintiffs' allegations. Tesla and Musk have a history of legal representation by both Cravath and Wilmer in various high-profile cases.Musk is also represented by Cravath in a Delaware lawsuit challenging his $56 billion pay package, a case that faced a setback in January when a judge invalidated the compensation. Despite a shareholder vote in favor of Musk's pay in June, the Delaware litigation continues, with Quinn Emanuel Urquhart & Sullivan recently joining the defense team.Wilmer is defending Tesla in another antitrust lawsuit in New Orleans, where it seeks to overturn a ban on direct-to-consumer car sales. The new Wilmer team for the California case includes partners David Gringer and Ari Holtzblatt, while the departing Cravath team comprised David Marriott and Vanessa Lavely.Tesla swaps law firms in antitrust case as Cravath exits | ReutersThe questioning of former bankruptcy judge David R. Jones, who resigned after revealing a secret relationship with a partner at Texas law firm Jackson Walker, has been postponed. The US Trustee's office is investigating to recover over $13 million in fees Jones approved for Jackson Walker without disclosing the relationship. Chief Judge Eduardo V. Rodriguez of the Houston bankruptcy court is deliberating on whether the questions about Jones' recusal decisions and his relationship with the attorney violate judiciary policy.Jones, who resigned last year, had a relationship with Elizabeth Freeman, who left Jackson Walker in late 2022. The deposition, originally set for July 18, is on hold until Judge Rodriguez determines the appropriateness of the questions. Jones' attorney, Benjamin I. Finestone, argues that questions about Jones' conduct are a distraction and that the focus should be on what Jackson Walker knew about the relationship.Jackson Walker's attorney, Jason Lee Boland, asserts that understanding the timeline of Jones and Freeman's relationship is crucial for defending against the US Trustee's efforts to reclaim the fees. Judge Rodriguez emphasized the complexity of addressing questions about judges' recusal decisions, stating that such decisions should not be publicly questioned. US Trustee attorney Laura Steele argued that Jones' public statements about his recusals allow for relevant inquiries.The case, known as Professional Fee Matters Concerning the Jackson Walker Law Firm, continues as the court navigates the boundaries of questioning a judge's conduct and recusal decisions.Bankruptcy Court Likely to Pare Back Probe into Ex-Judge Romance This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe

Optimal Finance Daily
2795: Success by Exhaustion by Nick Maggiulli of Of Dollars and Data on How to Build Wealth

Optimal Finance Daily

Play Episode Listen Later Jul 14, 2024 12:11


Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2795: Nick Maggiulli highlights how IBM's legal team, Cravath, Swain, & Moore LLP, defended against antitrust charges through sheer tenacity and exhaustive effort, demonstrating that success can be achieved by outworking opponents. This brute force approach extends to various domains, including finance, where strategies like indexing and high savings rates can lead to financial stability regardless of market conditions. Read along with the original article(s) here: https://ofdollarsanddata.com/success-by-exhaustion/ Quotes to ponder: "They buried us in paper. They produced reams of paper in futile endeavors. We stacked up the paper - it was five or six feet tall!" "The majority of (actual) wars have not been won with strategy, bravery, training, or superior equipment, but brute force." "If you think about it, indexing is a brute force solution to the problem of picking stocks." Episode references: What It Takes: https://www.amazon.com/What-Takes-Secrets-Greatest-Professional/dp/1118517725 Learn more about your ad choices. Visit megaphone.fm/adchoices

Optimal Finance Daily - ARCHIVE 1 - Episodes 1-300 ONLY
2795: Success by Exhaustion by Nick Maggiulli of Of Dollars and Data on How to Build Wealth

Optimal Finance Daily - ARCHIVE 1 - Episodes 1-300 ONLY

Play Episode Listen Later Jul 14, 2024 12:11


Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2795: Nick Maggiulli highlights how IBM's legal team, Cravath, Swain, & Moore LLP, defended against antitrust charges through sheer tenacity and exhaustive effort, demonstrating that success can be achieved by outworking opponents. This brute force approach extends to various domains, including finance, where strategies like indexing and high savings rates can lead to financial stability regardless of market conditions. Read along with the original article(s) here: https://ofdollarsanddata.com/success-by-exhaustion/ Quotes to ponder: "They buried us in paper. They produced reams of paper in futile endeavors. We stacked up the paper - it was five or six feet tall!" "The majority of (actual) wars have not been won with strategy, bravery, training, or superior equipment, but brute force." "If you think about it, indexing is a brute force solution to the problem of picking stocks." Episode references: What It Takes: https://www.amazon.com/What-Takes-Secrets-Greatest-Professional/dp/1118517725 Learn more about your ad choices. Visit megaphone.fm/adchoices

Optimal Finance Daily - ARCHIVE 2 - Episodes 301-600 ONLY
2795: Success by Exhaustion by Nick Maggiulli of Of Dollars and Data on How to Build Wealth

Optimal Finance Daily - ARCHIVE 2 - Episodes 301-600 ONLY

Play Episode Listen Later Jul 14, 2024 12:11


Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 2795: Nick Maggiulli highlights how IBM's legal team, Cravath, Swain, & Moore LLP, defended against antitrust charges through sheer tenacity and exhaustive effort, demonstrating that success can be achieved by outworking opponents. This brute force approach extends to various domains, including finance, where strategies like indexing and high savings rates can lead to financial stability regardless of market conditions. Read along with the original article(s) here: https://ofdollarsanddata.com/success-by-exhaustion/ Quotes to ponder: "They buried us in paper. They produced reams of paper in futile endeavors. We stacked up the paper - it was five or six feet tall!" "The majority of (actual) wars have not been won with strategy, bravery, training, or superior equipment, but brute force." "If you think about it, indexing is a brute force solution to the problem of picking stocks." Episode references: What It Takes: https://www.amazon.com/What-Takes-Secrets-Greatest-Professional/dp/1118517725 Learn more about your ad choices. Visit megaphone.fm/adchoices

C.O.B. Tuesday
"The Mosh Pit Of Complexity" Featuring George Bilicic, Lazard

C.O.B. Tuesday

Play Episode Listen Later Jul 3, 2024 58:57


Today we were delighted to welcome back George Bilicic for an engaging discussion on the current power and energy landscape. George serves as Vice Chairman and Global Head of Power, Energy and Infrastructure at Lazard. In his long and distinguished career, George has over 20 years of experience at Lazard in the investment banking business with previous senior roles at Cravath, Merrill Lynch, KKR, and Sempra Energy. We last hosted George on COBT on May 2, 2023 (episode linked here) and were excited to get him back to discuss how the world has changed in the past year, especially in power. Jeff Tillery, Mike Bradley and I were thrilled to visit with George in our office in Houston. The discussion with George today began with hitting the high points of Lazard's recently released 2024 Levelized Cost of Energy+ (LCOE+) report (linked here). George kicked us off by providing background on the report's history and shares this year's key conclusions including the stabilization of renewable costs, the importance of using all forms of energy, the cost and scaling benefits associated with energy storage, and the current status of the hydrogen market. We explore the report's comparison of generation costs, the effect of the IRA on renewable energy costs, cost of capital impacts, storage economics, and challenges and opportunities in valuing nuclear energy assets. George goes on to share his perspective on key changes from last year's LCOE+ report to this year's, factors driving power demand, challenges in investing in gas infrastructure, the need for new infrastructure and permitting reform, consolidation in the power industry, the need for diverse generation resources and a more organized/systemic planning approach to incorporate them into reliable grids, and the necessity for more transmission infrastructure. We also discuss how tech companies' decisions on where to locate data centers and their energy sources can significantly impact local economies and tax revenues, global energy trends and attitudes, public investor sentiment, the influence of market dynamics on capital allocation and investment strategies, and much more. We greatly appreciate George stopping by and sharing his time and perspectives. With George's help, we also recently had the opportunity to host Peter Orszag, CEO of Lazard, this past March (episode linked here). Our episode with George marks the final COBT episode recorded in our offices at the Ion. We are excited to move down the street to our new home in the Upper Kirby District. Stay tuned for our first COBT episode from the new studio! Have a wonderful 4th of July!

On Tax
Matthias Scheifele of Hengeler Mueller

On Tax

Play Episode Listen Later Jun 25, 2024 20:37


Matthias Scheifele is a partner at the law firm Hengeler Mueller in Munich, Germany. In this episode of On Tax, he and Cravath partner and host Len Teti talk about Matthias's path through the German legal education system. They also discuss the value of placing faith in young lawyers early on and the importance of balancing the fine details and the big picture in tax matters. Hosted on Acast. See acast.com/privacy for more information.

On Tax
Albert Chang of RBC Capital Markets

On Tax

Play Episode Listen Later Jun 4, 2024 32:32


Albert Chang is Managing Director and Head of M&A, Tax and Structuring Advisory at ­RBC Capital Markets. On this episode of On Tax, he and Cravath partner and host Len Teti talk about Albert's time as a tax associate at the Firm and, later, how a serendipitous phone call led to his current role in investment banking. They also discuss the benefits of taking the long view when building professional relationships and the importance of holistic problem-solving in tax law. Hosted on Acast. See acast.com/privacy for more information.

LST's I Am The Law
The Appeal of Appellate Law: Oral Advocacy, Puzzles, and Knowing When to Quit

LST's I Am The Law

Play Episode Listen Later May 27, 2024 35:07 Transcription Available


Many people enter law school or practice with one ambition, only to find it's not quite what they envisioned. For Raffi Melkonian, his initial fascination with corporate law faded quickly while he was at Cravath, a global law firm that allowed him to pivot to litigation. Today, Raffi is an appellate lawyer in the U.S Fifth Circuit and Texas. He provides an overview of what appellate work entails, from writing briefs to presenting oral arguments -- and his meticulous preparation for both. While corporate takeovers that make the front page of the Wall Street Journal may be some lawyers' best fit, the legal puzzles he gets to solve with each new case appeal to him. Raffi is a graduate of Harvard Law School.This episode is hosted by Katya Valasek.Mentioned in this episode:Learn more about Rutgers LawIdaho LawLearn more about Idaho LawLearn more about Rutgers LawLearn more about Vermont LawIdaho LawLearn more about Idaho LawAccess LawHub today!

Minimum Competence
Legal News for Fri 5/24 - RoboBiden Charges Filed, SCOTUS Ruling Impacting Redistricting, Ongoing BK Judge Roman Scandal and DOJ's Lawsuit Against Live Nation

Minimum Competence

Play Episode Listen Later May 24, 2024 11:12


This Day in Legal History: Act of Toleration EnactedOn May 24, 1689, the Parliament of England enacted the Act of Toleration, a pivotal law that granted religious freedom to English Protestants. This legislation marked a significant shift in England's religious landscape, as it allowed non-Anglican Protestants, such as Baptists and Congregationalists, to practice their faith without fear of persecution. However, this tolerance came with limitations: it excluded Roman Catholics and non-Trinitarian Protestants, leaving them outside the protection of the Act.The Act of Toleration emerged in the context of the Glorious Revolution, which saw William of Orange and his wife Mary ascend to the English throne. Their reign, beginning in 1688, was characterized by a move towards greater religious and political stability. The Act was a response to the religious strife that had plagued England for decades, providing a framework for more inclusive, albeit limited, religious coexistence.Despite its exclusions, the Act of Toleration laid the groundwork for future expansions of religious freedom. It required dissenting Protestants to pledge allegiance to the Crown and reject the authority of the Pope, thus maintaining a degree of control over the newly tolerated groups. This compromise allowed for religious diversity while ensuring loyalty to the monarchy.The Act's passage was a milestone in the evolution of religious liberty in England, reflecting the changing attitudes towards religious pluralism. While it did not end all religious discrimination, it represented a step towards a more tolerant society. Over time, the principles enshrined in the Act influenced broader movements for religious freedom and civil rights, both in England and beyond.The significance of the Act of Toleration lies not only in its immediate effects but also in its lasting impact on the development of religious tolerance as a fundamental value in democratic societies.A Democratic operative, Steve Kramer, faces state criminal charges and a federal fine for using AI to fake President Joe Biden's voice in robocalls aimed at discouraging Democratic voters in the New Hampshire primary. Kramer, working for Biden's primary challenger Dean Phillips, was charged with 13 felony counts of voter suppression and 13 misdemeanors for impersonating a candidate. The FCC proposed a $6 million fine for the robocalls, which spoofed a local political consultant's number.New Hampshire Attorney General John M. Formella emphasized that these actions aim to deter election interference using AI. The incident has heightened concerns about AI's potential misuse in elections. FCC Chairwoman Jessica Rosenworcel proposed a rule requiring political advertisers to disclose AI use in ads, while the FCC also proposed a $2 million fine against Lingo Telecom for transmitting the calls.The AI-generated robocall, circulated just before the primary, used Biden's catchphrase and urged voters to stay home. Despite this, Democratic leaders encouraged a write-in campaign for Biden, leading to high voter turnout in his favor.Faked Biden Robocall Results in Charges for Democratic OperativeThe US Supreme Court has made it more challenging for Black and minority voters to contest the use of race in legislative redistricting, according to civil rights advocates. In a 6-3 ruling, the conservative majority determined that South Carolina voters failed to prove that race, rather than partisanship, influenced Republican legislators when drawing district lines. This decision raises the bar for proving racial gerrymandering and could impact redistricting cases nationwide, not just in South Carolina's 1st Congressional District.Leah Aden of the NAACP Legal Defense Fund expressed concern that it is becoming increasingly difficult for plaintiffs to demonstrate racial discrimination. The ruling, which precedes the upcoming November election, could affect similar challenges in states like North Carolina and Tennessee.Justice Samuel Alito, writing for the majority, emphasized a presumption that legislatures act in good faith, making it harder to prove racial intent without blatant evidence. Critics argue this standard allows legislators to use partisan motives as a defense against claims of racial gerrymandering.The decision follows the Supreme Court's 2019 ruling that federal courts cannot oversee partisan gerrymandering claims, further complicating challenges to discriminatory redistricting. Justice Elena Kagan, in her dissent, criticized the majority for favoring state arguments and making it tougher for challengers to succeed. This case underscores the evolving legal landscape surrounding voting rights and redistricting in the US.Supreme Court Conservatives Add New Minority Voter RoadblocksA Jackson Walker partner alleged that former Texas bankruptcy judge David R. Jones requested the firm to file a potentially false disclosure about his relationship with attorney Elizabeth Freeman. This disclosure came amidst ongoing litigation involving Jones, Freeman, and Jackson Walker, who are accused of concealing their relationship. The scandal follows Jones' resignation after admitting to the romance.In late 2022, Jones wanted the relationship kept secret as Jackson Walker negotiated with Freeman regarding its disclosure. Despite Freeman's earlier claims that the relationship had ended, the firm discovered in February 2022 that it was ongoing. After confronting Freeman, she admitted the relationship had been rekindled.Jackson Walker's recent filings argue they shouldn't be held liable for Jones' misconduct and urge rejection of the US Trustee's efforts to reclaim $13 million in fees. Jones allegedly provided a misleading proposed disclosure that omitted the romantic aspect of his relationship with Freeman and insisted the firm use it in future cases. Jackson Walker refused and proceeded to separate from Freeman.The firm claims it acted reasonably and didn't breach any ethical rules, pointing out that the US Trustee hasn't penalized Jones or Freeman. The Justice Department's bankruptcy monitor seeks to recover fees from cases where Jackson Walker failed to disclose the relationship. The case highlights the complex ethical and legal issues surrounding judicial conduct and professional responsibilities.Jackson Walker Says Judge Tried to Mislead Court on Romance (2)The U.S. Justice Department, along with 30 states, has filed a lawsuit against Live Nation and its Ticketmaster unit, accusing them of monopolizing concert tickets and promotions. The case, filed in Manhattan federal court, aims to break up Live Nation. Leading the legal team is Jonathan Kanter, head of the DOJ's antitrust division, with Bonny Sweeney as the lead attorney. Sweeney, a veteran antitrust litigator, previously co-headed the antitrust group at Hausfeld and has extensive experience in high-profile cases against companies like Google, Apple, and major credit card firms.Live Nation and Ticketmaster are defended by teams from Latham & Watkins and Cravath, Swaine & Moore, which have deep experience in antitrust defense. The companies deny the allegations and plan to fight the lawsuit. Latham & Watkins, which has long defended Live Nation in private consumer lawsuits and was involved in the 2010 merger approval, has Daniel Wall, a seasoned antitrust defender, as their executive vice president for corporate and regulatory affairs. Cravath's team, led by Christine Varney, former head of the DOJ's antitrust division, also represents major clients like Epic Games in similar high-stakes litigation.US legal team in Live Nation lawsuit includes veteran plaintiffs' attorney | ReutersThis week's closing theme is by Carl Philipp Emanuel Bach. This week's closing theme takes us back to the 18th century, honoring a pivotal figure in the transition from the Baroque to the Classical era: Carl Philipp Emanuel Bach. Born in 1714, C.P.E. Bach was the second surviving son of prolific composer Johann Sebastian Bach. Despite his illustrious lineage, C.P.E. Bach carved out his own distinct legacy, becoming one of the most influential composers of his time in his own right.Today, we commemorate his contributions to classical music as we mark the anniversary of his death on May 24, 1788. Known for his expressive and innovative style, C.P.E. Bach's music bridges the complexity of Baroque counterpoint with the emerging Classical clarity and form. His works had a profound impact on later composers, including Haydn, Mozart, and Beethoven.One of his most celebrated pieces is the "Solfeggietto in C minor," H. 220, Wq. 117/2. This energetic and technically demanding keyboard composition remains a favorite among pianists and continues to captivate audiences with its vibrant character and virtuosic passages. The "Solfeggietto" exemplifies C.P.E. Bach's mastery of the empfindsamer Stil, or 'sensitive style,' characterized by its emotional expressiveness and dynamic contrasts.As we listen to the "Solfeggietto," let us reflect on the enduring legacy of Carl Philipp Emanuel Bach, whose music continues to inspire and delight over two centuries after his passing. Join us in celebrating his remarkable contributions as we close this week with the lively and spirited sounds of his timeless composition.Without further ado, “Solfeggietto in C minor” by Carl Philipp Emanuel Bach, enjoy.  Get full access to Minimum Competence - Daily Legal News Podcast at www.minimumcomp.com/subscribe

On Tax
Karie Roers of Vista Outdoor

On Tax

Play Episode Listen Later May 14, 2024 22:54


Karie Roers is the Tax Director at Vista Outdoor. In this episode of On Tax, she and Cravath partner and host Len Teti talk about her experience growing up in a farm family in South Dakota and how her early interest in business led her to public accounting and the tax field. They also discuss the role that key mentors played in her decision to move in-house. Hosted on Acast. See acast.com/privacy for more information.

On Tax
Daniel Hemel of NYU School of Law

On Tax

Play Episode Listen Later Apr 23, 2024 23:11


Daniel Hemel is a professor at the NYU School of Law. In this episode of On Tax, he and Cravath partner and host Len Teti talk about Daniel's path to his current role in legal academia. They also discuss his current tax research interests and his observations on what the best law students do well. Hosted on Acast. See acast.com/privacy for more information.

Engelberg Center Live!
Rethinking Patent Prosecution: Solutions and Alternative Paths

Engelberg Center Live!

Play Episode Listen Later Apr 16, 2024 53:53


Panel Four: Solutions and Alternative PathsMichael Weinberg (moderator), Engelberg Center on Innovation Law & PolicyDave Kappos, Cravath, Swaine & MooreArti Rai, The Center for Innovation Policy - Duke Law SchoolMichael Frakes, Duke Law School & Melissa Wasserman, The University of Texas at Austin School of Law

On Tax
Brett Cornell of Danaher Corporation

On Tax

Play Episode Listen Later Apr 2, 2024 29:08


Brett Cornell is the Senior Vice President of Tax, Treasury & Finance at Danaher Corporation. In this episode of On Tax, he and Cravath partner and host Len Teti talk about how Brett's early interest in accounting led him to tax positions at several global companies. They also discuss the broader responsibilities of his current role and the importance of tax across business functions. Hosted on Acast. See acast.com/privacy for more information.

On Tax
Amanda Gold of Cravath, Swaine & Moore LLP

On Tax

Play Episode Listen Later Mar 12, 2024 22:28


Amanda Gold is a partner in the Executive Compensation and Benefits Department at Cravath. In the Season 7 premiere of On Tax, she and fellow Cravath partner and host Len Teti talk about beginning her legal career in Arizona and how she became interested in her current tax-adjacent practice. Amanda also discusses her decision to move to New York and join Cravath. Hosted on Acast. See acast.com/privacy for more information.

On Tax
Welcome to Season 7 of On Tax

On Tax

Play Episode Listen Later Mar 8, 2024 1:02


On Tax returns for Season 7 on Tuesday, March 12. This season, tune in as Cravath partner and podcast host Len Teti talks to professionals in the world of tax about their varied careers and the decisions they made along the way. Next week's guest is Cravath executive compensation and benefits partner Amanda Gold, who discusses beginning her legal career in Arizona and her decision to move to New York to join Cravath. Learn more about On Tax at cravath.com/podcast. Hosted on Acast. See acast.com/privacy for more information.

Beyond The Horizon
ICYMI: How Much Money Did David Boies Make For His Epstein Work Against Deutsche Bank?

Beyond The Horizon

Play Episode Listen Later Feb 18, 2024 11:06


David Boies is a prominent American attorney known for his high-profile legal cases and involvement in various significant legal matters. Here is a summary of David Boies:Background: David Boies was born on March 11, 1941, in Sycamore, Illinois, USA. He earned his law degree from Yale Law School in 1966 and began his legal career as an associate at Cravath, Swaine & Moore LLP.Legal Career: Boies gained national recognition for his exceptional legal skills and became a partner at Cravath. He later founded his own law firm, Boies, Schiller & Flexner LLP, which became renowned for handling complex and contentious legal cases.Notable Cases: Boies has been involved in several high-profile cases throughout his career, including:United States v. Microsoft: He represented the U.S. Department of Justice in the antitrust case against Microsoft in the late 1990s.Bush v. Gore: Boies represented Vice President Al Gore in the legal dispute over the 2000 U.S. presidential election results, arguing against George W. Bush's election as president.Hollingsworth v. Perry: Boies was part of the legal team challenging California's Proposition 8, which banned same-sex marriage. The case ultimately led to the legalization of same-sex marriage in California.Apple Inc. v. Samsung Electronics Co.: Boies represented Apple in the high-stakes patent infringement lawsuit against Samsung.Advocacy for Civil Rights: Boies has been a vocal advocate for civil rights, particularly in the areas of marriage equality and LGBTQ+ rights. His work on the Proposition 8 case and other related matters has made a significant impact on the legal landscape.Awards and Recognition: Boies has received numerous awards and honors for his legal career, including being named one of Time magazine's 100 most influential people in the world in 2010.Books: He co-authored a book titled "Courting Justice: From New York Yankees v. Major League Baseball to Bush v. Gore, 1997-2000," which provides insights into his experiences in the legal field.We are now learning that David Boies charges over 2100 dollars an hour for his services and those services ended up costing the survivors close to 25 million dollars of the settlement. His cut was roughly 30%.(commercial at 8:05)to contact me:bobbycapucci@protonmail.comsource:David Boies reveals $2,110 billing rate in Deutsche Bank fee bid | Reuters

The Epstein Chronicles
A Look Back: How Much Money Was David Boies Making During His Lawsuit Against Deutsche Bank?

The Epstein Chronicles

Play Episode Listen Later Feb 16, 2024 11:06


David Boies is a prominent American attorney known for his high-profile legal cases and involvement in various significant legal matters. Here is a summary of David Boies:Background: David Boies was born on March 11, 1941, in Sycamore, Illinois, USA. He earned his law degree from Yale Law School in 1966 and began his legal career as an associate at Cravath, Swaine & Moore LLP.Legal Career: Boies gained national recognition for his exceptional legal skills and became a partner at Cravath. He later founded his own law firm, Boies, Schiller & Flexner LLP, which became renowned for handling complex and contentious legal cases.Notable Cases: Boies has been involved in several high-profile cases throughout his career, including:United States v. Microsoft: He represented the U.S. Department of Justice in the antitrust case against Microsoft in the late 1990s.Bush v. Gore: Boies represented Vice President Al Gore in the legal dispute over the 2000 U.S. presidential election results, arguing against George W. Bush's election as president.Hollingsworth v. Perry: Boies was part of the legal team challenging California's Proposition 8, which banned same-sex marriage. The case ultimately led to the legalization of same-sex marriage in California.Apple Inc. v. Samsung Electronics Co.: Boies represented Apple in the high-stakes patent infringement lawsuit against Samsung.Advocacy for Civil Rights: Boies has been a vocal advocate for civil rights, particularly in the areas of marriage equality and LGBTQ+ rights. His work on the Proposition 8 case and other related matters has made a significant impact on the legal landscape.Awards and Recognition: Boies has received numerous awards and honors for his legal career, including being named one of Time magazine's 100 most influential people in the world in 2010.Books: He co-authored a book titled "Courting Justice: From New York Yankees v. Major League Baseball to Bush v. Gore, 1997-2000," which provides insights into his experiences in the legal field.We are now learning that David Boies charges over 2100 dollars an hour for his services and those services ended up costing the survivors close to 25 million dollars of the settlement. His cut was roughly 30%.(commercial at 8:05)to contact me:bobbycapucci@protonmail.comsource:David Boies reveals $2,110 billing rate in Deutsche Bank fee bid | Reuters

Law of Code
#127 - Cravath's Jeff Dinwoodie on the SEC and the future of crypto regulation

Law of Code

Play Episode Listen Later Feb 11, 2024 68:35


Jeffrey T. Dinwoodie is a partner at Cravath, Swaine & Moore, and a member of the firm's Financial Institutions Group. He has served in senior roles at the SEC and the U.S. Treasury Department, including as Chief Counsel to SEC Chairman Jay Clayton and, earlier, as Chairman Clayton's Trading and Markets Counsel. Disclaimer: Jacob Robinson and his guests are not your lawyer. Nothing herein or mentioned on the Law of Code podcast should be construed as legal advice. The material published is intended for informational, educational, and entertainment purposes only. Please seek the advice of counsel, and do not apply any of the generalized material to your individual facts or circumstances without speaking to an attorney.

Movers, Shakers & Rainmakers
Episode 59: Exploring Finance and Mentorship - A Conversation with DLA Piper's Matt Schwartz

Movers, Shakers & Rainmakers

Play Episode Listen Later Feb 1, 2024 34:09


Join David Lat and Zach Sandberg on Movers, Shakers & Rainmakers as they chat with Matt Schwartz, Practice Group Leader and Chair of the US Finance Group at DLA Piper. Matt shares his journey from starting at DLA Piper to running finance transactions to leading the US practice group. He also talks about the evolution and current state of the finance industry, as well as what he expects in the finance world in 2024. The conversation concludes with a discussion of the value of mentorship, for mentors as well as mentees, plus practical advice from Matt about time management. In Moves of the Week, we spotlight one Cravath partner joining Davis Polk, a second going to Freshfields, and Debevoise welcoming Rick Sofield as partner, enhancing its national security offerings. Tune in for a comprehensive look at legal excellence and leadership. Ad don't forget to rate, review, subscribe, and share with your network!

X22 Report
[DS] Attacks Will Intensify, Scavino Sends Message, Countermeasures In Place – Ep. 3260

X22 Report

Play Episode Listen Later Jan 17, 2024 109:04


Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureThe [WEF] pushing everything they have right now, they are telling the people the plan and the people around the world are rejecting it, the more they say the worse it gets for them. People see the inflation in everything now. Jamie Diamond panics over Bitcoin. Trump was right again, NY manufacturing implodes. The [DS] now sees that the people are awake and they are voting for Trump, in Iowa he had 98 of the 99 counties. The [DS] will now try different tactics to take Trump down, they will convict, they will most likely throw him in prison. This will all fail, his poll numbers will go higher. They will then increase their attacks, eventually they will bring us to war. As the [DS] brings the country to war they will simulate an attack on the US. Scavino sends a message that countermeasures are in place.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy  https://twitter.com/GRDecter/status/1747359759349518518?s=20 Trump Called It: New York State Sees Manufacturing Numbers Plunge Worse than 2008 Recession New York City is suffering through a devastating time. The current leadership is making it worse. Between early 2020 and 2023, 158 companies that manage $993 billion in assets moved their headquarters out of New York City. In November President Trump warned New York City on what their future looks like.   Now this… New York manufacturing activity fell sharply in January following a significant decline in December — Empire State Survey. Via Disclose.TV. it appears the crash in manufacturing in New York State is worse than during the 2008 market crash. That can't be good. Trump called it. Source: thegatewaypundit.com https://twitter.com/WallStreetSilv/status/1747439317310488770?s=20   and got 3 bags of chips, some ground turkey and some vegetables and it was $67 DOLLARS?!" Retirement Savers Are Putting More Money Into Stocks Retirement savers want more stocks in their portfolios as a hedge against inflation, potentially offering a long-term tailwind for equities as societies age, according to the latest Bloomberg Markets Live Pulse survey. Almost half of the 252 respondents said they were putting more funds into stocks as a response to rising prices – far eclipsing the 6% who said they'd be adding the traditional inflation hedge, gold. Source: zerohedge.com https://twitter.com/BitcoinMagazine/status/1747612311517356499?s=20 Political/Rights https://twitter.com/mirandadevine/status/1747423975259394190?s=20 https://twitter.com/mirandadevine/status/1747425395387850968?s=20 https://twitter.com/mirandadevine/status/1747427259856597300?s=20 Alleged foreign agent law violations loom over Hunter Biden as House prepares to depose him  The U.S. law firm that did work for Ukrainian energy company Burisma Holdings was encouraged by the Justice Department to register as a foreign agent for the same type of work that Hunter Biden did for the company while he was a board member. Burisma was not registered as a foreign agent at the time. Cravath, Swaine & Moore LLP (Cravath) as part of its representation of Burisma and its founder, litigation partner John Buretta met with State Department officials and sent a letter directly to the U.S. Ambassador to Ukraine, according to Foreign Agents Registration Act (FARA) filings submitted earlier this month. Evidence from Hunter Biden's laptop shows that he, too, met with State Department officials at the time when Burisma was under the most pressure from a Ukrain...

On Tax
Lewis Steinberg formerly of BofA Securities

On Tax

Play Episode Listen Later Dec 19, 2023 28:48


Lewis Steinberg recently retired as Head of Structured Solutions in the Global Corporate and Investment Bank of BofA Securities. He began his career as a tax associate at Cravath and later became a partner. In the Season 6 finale of On Tax, he and Cravath partner and host Len Teti talk about how trends in the industry and Lew's interest in structuring M&A transactions led him to work in investment banking. Based on his decades of experience as both outside counsel and as a consumer of tax advice, Lew reflects on what the best tax practitioners do well and the ideal relationship between advisors and their clients. Hosted on Acast. See acast.com/privacy for more information.

Above the Law - Thinking Like a Lawyer
Breaking Down The Great Biglaw Raise Of 2023

Above the Law - Thinking Like a Lawyer

Play Episode Listen Later Dec 6, 2023 36:03 Very Popular


Payable sometime in 2024... of course. ________________________ Milbank got the ball rolling several weeks ago with a round of raises. Cravath has now upped the ante for more senior associates and the Biglaw landscape has finally decided to pile on. Where is all this going and what does it all mean? We've got thoughts. Meanwhile Amy Wax went ahead and invited a white nationalist back to campus and one of her students is disappointed that people weren't nicer about it. Finally, a new lawsuit presents an ethics issue spotter involving Trump lawyer Alina Habba.

Above the Law - Thinking Like a Lawyer
Do You Know Where Your Raises Are?

Above the Law - Thinking Like a Lawyer

Play Episode Listen Later Nov 15, 2023 34:05


It's been over a week and no firm has yet to announce that it will match Milbank's latest series of raises. Or, more accurately, cost of living adjustments. Meanwhile, Cravath took the plunge on income partnerships, becoming the latest firm to abandon the time-honored one-tier partnership model. And the turmoil over Nixon Peabody's effort to sneak Donald Trump onboard as a client sparks calls for leadership change.

AMERICA OUT LOUD PODCAST NETWORK
Law Firms, Farmers, and What It Means To Be an American

AMERICA OUT LOUD PODCAST NETWORK

Play Episode Listen Later Nov 11, 2023 59:02


The Dean's List with Host Dean Bowen – Law firms nationwide are urging law schools to confront antisemitism, as recent anti-Israeli campus demonstrations raise concerns. Wall Street's top legal entities, like Cravath and Kirkland & Ellis, demand zero tolerance for discrimination. This movement challenges educational leaders to align with American values of free idea exchange, reshaping the legal and academic landscapes in pursuit of a...