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Latest podcast episodes about milbank

Minimum Competence
Legal News for Fri 4/11 - DGE Cancer Metastasizes to FDIC, Trump Leans on More Big Law Firms, Key Deportation Ruling and Rollback of IRS Crypto Rules on DeFi

Minimum Competence

Play Episode Listen Later Apr 11, 2025 18:09


This Day in Legal History: Fair Housing ActOn this day in legal history, April 11, 1968, President Lyndon B. Johnson signed the Civil Rights Act of 1968 into law, a pivotal expansion of civil rights protections in the United States. Commonly referred to as the Fair Housing Act, the legislation was enacted just days after the assassination of Dr. Martin Luther King Jr., whose legacy of nonviolent activism heavily influenced its passage. The law made it illegal to discriminate in the sale, rental, financing, or advertising of housing based on race, color, religion, or national origin.It aimed to dismantle the systemic barriers that had long segregated American cities and suburbs, including redlining, racially restrictive covenants, and other discriminatory practices. Title VIII of the Act directly addressed these inequities and empowered the federal government to enforce fair housing standards for the first time. Though political resistance to housing integration had stalled similar legislation for years, the national mourning following Dr. King's death shifted public and congressional sentiment.Johnson, in a nationally televised address, described the signing as a tribute to Dr. King's life and a necessary step toward realizing the full promise of civil rights in America. Subsequent amendments expanded protections to include sex, disability, and familial status, making the Fair Housing Act one of the most comprehensive civil rights laws on the books. Enforcement mechanisms, however, remained a challenge, and litigation over housing discrimination has continued into the present day.The law has been central to major legal battles over zoning laws, gentrification, and access to affordable housing. It also laid the groundwork for subsequent legislation aimed at combating economic and racial segregation. While the Act did not instantly eliminate housing discrimination, it marked a legal turning point that recognized the home as a critical site of equality and opportunity.A small team from the Department of Government Efficiency (DGE), created under Elon Musk's initiative to reduce government spending and staffing, has arrived at the Federal Deposit Insurance Corp. (FDIC), according to an internal email from the agency. While the team is working with FDIC leadership to identify internal efficiencies, it does not have access to sensitive or confidential bank data, including resolution plans, deposit insurance records, or examination materials. The FDIC emphasized that the DGE operatives are full-time federal employees working under formal interagency agreements and have not sought access to confidential information.DGE has previously drawn concern from industry participants during its visit to the Consumer Financial Protection Bureau due to fears over data exposure. The FDIC oversees highly sensitive information about major U.S. banks and their failure plans, which regulators rely on during crises. The number and identity of DGE team members at the FDIC have not been disclosed, and the agency declined to comment further.The agency is also preparing for staff reductions, following the Trump administration's deferred resignation program that has already led to the loss of 500 FDIC employees. Additional buyouts and formal layoffs are expected soon. The timing of DGE's involvement comes as global markets react to new tariffs announced by President Trump, prompting concerns from former officials about weakening regulators' ability to respond to potential financial instability.DOGE Arrives at FDIC but Doesn't Have Access to Bank Data (2)At least three major law firms—Kirkland & Ellis, Latham & Watkins, and Simpson Thacher & Bartlett—are in talks with the Trump administration to reach a joint agreement that would commit over $300 million in pro bono services to causes favored by the White House. The potential deal is also intended to resolve federal investigations into the firms' diversity programs, which the administration has scrutinized for alleged discriminatory practices. If finalized, the arrangement would bring the total pledged in pro bono services from various firms to at least $640 million.President Trump, speaking at a Cabinet meeting, hinted that a handful of firms remain in negotiations, emphasizing that many firms have already paid significant sums or made concessions. He stated that he expects lawyers from participating firms to assist with policy efforts such as implementing tariffs and expanding coal mining.The administration has previously targeted several firms with executive orders for representing causes or clients viewed as oppositional to Trump's agenda. These orders have included punitive measures such as revoking security clearances and restricting federal access. Some firms—like Perkins Coie and Jenner & Block—have successfully blocked these actions in court, while others like Paul Weiss settled by agreeing to pro bono contributions. Firms such as Skadden and Milbank preemptively negotiated similar deals.Trump Talks Deal With Three Massive Law Firms as Others FightA U.S. immigration judge is set to rule today on whether Mahmoud Khalil, a Palestinian student activist at Columbia University, can be deported. Khalil, who holds Algerian citizenship and became a lawful U.S. permanent resident last year, was arrested last month at his New York City apartment and transferred to an immigration jail in rural Louisiana. Secretary of State Marco Rubio has called for Khalil's removal under the 1952 Immigration and Nationality Act, arguing that his presence in the U.S. poses foreign policy risks due to his role in pro-Palestinian campus protests.Rubio's letter to the court claims Khalil was involved in “antisemitic protests and disruptive activities” but does not accuse him of any crimes. Instead, Rubio argues the government can revoke legal status based solely on speech or associations if deemed harmful to U.S. interests. Khalil's attorneys say the case is an attempt to punish constitutionally protected speech and have called the letter politically motivated and authoritarian in tone.They are requesting to subpoena and depose Rubio as part of their defense. The immigration court hearing the case operates under the Department of Justice and is separate from the federal judiciary. Khalil is also suing in a New Jersey federal court, alleging that his arrest, detention, and transfer far from his legal team and family were unconstitutional.US immigration judge to decide whether Columbia student Mahmoud Khalil can be deported | ReutersPresident Trump signed a bill nullifying a revised IRS rule that would have broadened the definition of a “broker” to include decentralized cryptocurrency exchanges, or DeFi platforms. The rule, finalized in the final weeks of the Biden administration, was part of a broader IRS effort to tighten crypto tax enforcement and was rooted in the 2021 Infrastructure Investment and Jobs Act. It would have required DeFi platforms to report user transactions to both the IRS and the users themselves.The crypto industry strongly opposed the rule, arguing that DeFi platforms do not function like traditional brokers and lack access to user identities, making compliance impossible. Centralized exchanges like Coinbase and Kraken, by contrast, already meet these reporting requirements as intermediaries. Both the House and Senate voted in March to repeal the IRS rule through the Congressional Review Act, which allows Congress to overturn recent federal regulations with a majority vote.Trump, who has positioned himself as a pro-crypto candidate, had campaigned on promises to support digital asset innovation. Since taking office, he has formed a federal cryptocurrency working group and signed an executive order to establish a national bitcoin reserve.Trump signs bill to nullify expanded IRS crypto broker rule | ReutersThis week's closing theme takes us back to April 13, 1850, when Richard Wagner's opera Lohengrin premiered in Weimar under the baton of his friend and supporter, Franz Liszt. Wagner, one of the most influential and controversial figures in classical music, was then in political exile, and unable to attend the debut of what would become one of his most iconic works. Known for his revolutionary approach to opera—melding music, drama, and mythology—Wagner crafted Lohengrin as a sweeping, mystical tale of a knight of the Holy Grail who arrives in a swan-drawn boat to defend the innocent Elsa of Brabant. The opera's shimmering textures, leitmotif-driven score, and spiritual overtones would set the stage for his later monumental works like Tristan und Isolde and the Ring Cycle.Lohengrin remains best known for its third-act bridal chorus—“Here Comes the Bride”—but the opera's deeper themes of identity, trust, and the cost of forbidden questions give it lasting emotional and philosophical weight. Set in a quasi-medieval world laced with mystery, the opera tells of a hero who must depart the moment his name is asked, leaving love suspended in silence. Wagner's orchestration in Lohengrin is luminous and patient, often evoking shimmering water and distant prophecy, with long-breathed phrases that seem to float above time.As a closing theme for this week, Lohengrin invites reflection—on belief, on leadership, and on how history so often pivots on names, silence, and the tension between loyalty and doubt. Its premiere on April 13th marks not only a moment in Wagner's evolution as a composer but also a cultural point of departure, where German Romanticism began leaning toward something darker and more transcendental. We end the week, then, with the slow unfurling of Lohengrin's prelude: a gentle, ascending shimmer that begins almost imperceptibly, and rises—like the swan on the river—toward the unknown.This week, we close with the prelude to Lohengrin by Richard Wagner—music of undeniable beauty from a composer whose legacy includes both brilliance and deeply troubling beliefs. We share it for its artistry, not its ideology. Without further ado, Richard Wagner's Lohengrin, the prelude. Enjoy! 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

Minimum Competence
Legal News for Weds 4/9 - Big Law's Pro Bono Promise Comes Due, Backlash from Ex-GCs, Khalil's Deportation Fight, Judge Lifts AP Press Ban

Minimum Competence

Play Episode Listen Later Apr 9, 2025 7:07


This Day in Legal History: Senate Approves Alaska PurchaseOn April 9, 1867, the United States Senate voted to ratify the Treaty with Russia for the Purchase of Alaska, approving the acquisition of the territory for $7.2 million. The deal, championed by Secretary of State William H. Seward, added over 586,000 square miles to U.S. territory. At the time, many Americans viewed the icy, remote land as a barren wasteland, mocking the transaction as “Seward's Folly” or “Seward's Icebox.” Despite public ridicule, Seward pursued the deal partly to prevent British expansion from neighboring Canada and to extend American commercial interests into the Pacific. Russia, for its part, saw little strategic or economic value in Alaska and feared it might lose the territory without compensation in a future conflict.The treaty passed in the Senate by a vote of 37 to 2, reflecting support among lawmakers despite popular skepticism. Legal authority for the purchase came through the treaty-making power of the executive branch, with Senate ratification required under Article II, Section 2 of the U.S. Constitution. Once finalized, the transfer of sovereignty occurred in October 1867 in Sitka, with a formal ceremony marking Russia's departure.Criticism of the purchase subsided decades later following the Klondike Gold Rush and, eventually, the discovery of significant oil reserves. These developments drastically changed the public's perception of Alaska from frozen liability to strategic asset. The purchase also helped lay the groundwork for America's growing influence in the Pacific and Arctic regions.President Donald Trump announced that major law firms pledging $340 million in pro bono work would assist his administration with coal industry initiatives and international tariff negotiations. Speaking at a White House event, Trump said these firms—such as Paul Weiss, Skadden, Milbank, and Willkie—would provide legal support for leasing and regulatory issues in coal mining, as well as in talks with foreign countries on trade. While he didn't specify which firms would take on specific tasks, Trump emphasized their legal talent and claimed they were offering services “for the right price.”The announcement coincided with Trump signing executive orders invoking the Defense Production Act to increase coal mining and directing investments into advanced coal technology. He also said the Department of Justice would be tasked with challenging state and local regulations he views as harmful to miners. The law firm agreements came after Trump targeted several legal firms with directives that threaten their business, prompting lawsuits from Perkins Coie, WilmerHale, and Jenner & Block. Trump posted the agreements on Truth Social, stating the firms would work on causes like veterans' rights and combating antisemitism, although details on how their roles will be determined remain unclear.Trump Says He'll Enlist Big Law Dealmakers for Coal, TariffsA group of 67 former top legal executives from companies like Microsoft, Intel, and Eli Lilly filed a legal brief condemning President Trump's executive orders targeting several major law firms. They argue that the orders violate the Constitution and threaten the independence of corporate legal counsel by coercing political loyalty through federal contract threats. The brief supports a lawsuit by Perkins Coie, one of the firms impacted by the orders, which claims the directives bar its attorneys from government buildings and jeopardize its clients' federal contracts.The former general counsels contend that Trump's actions don't just punish individual firms, but undermine the principle that companies should be free to choose their legal representation without fear of political retaliation. The brief highlights how the orders signal to businesses that hiring lawyers linked to Trump's critics could lead to government sanctions. Trump issued similar orders against WilmerHale and Jenner & Block, and all three firms have secured temporary legal blocks against the measures.While some firms like Paul Weiss struck deals with Trump to avoid penalties—agreeing to provide pro bono work for causes aligned with his administration—others have pushed back. Four days prior, hundreds of law firms submitted their own brief supporting Perkins Coie. Trump's administration defends the orders as efforts to stop perceived political bias in Big Law.Former top lawyers at major companies decry Trump orders against law firms | ReutersAn immigration judge has given the U.S. government through today to present evidence justifying the deportation of Mahmoud Khalil, a Columbia University student and lawful permanent resident. Khalil was arrested in New York and transferred to a detention facility in rural Louisiana, sparking concern over due process and free speech rights. At Tuesday's hearing, Judge Jamee Comans made it clear that if the government cannot prove Khalil is deportable, she will dismiss the case by Friday. She also criticized delays in sharing evidence and emphasized the importance of Khalil's due process rights.Khalil's lawyer, Marc Van Der Hout, claims the deportation effort is politically motivated and violates the First Amendment, suggesting that Khalil is being targeted for speaking out in support of Palestinians. The government argues Khalil should be deported under a Cold War-era law that allows removal if an immigrant is deemed a threat to U.S. foreign policy, and also accuses him of omissions on his green card application—charges he denies.The case has drawn national attention, including a crowded virtual courtroom. A separate habeas petition is also under consideration in federal court, and Khalil cannot be deported while that process plays out. His wife, a U.S. citizen who is expecting their child this month, has been unable to visit him due to her pregnancy.US given one day to show evidence for deporting Columbia University protester Khalil | ReutersA federal judge has ordered President Trump's White House to temporarily lift access restrictions on the Associated Press (AP) while a lawsuit challenging the ban moves forward. The Trump administration had barred AP journalists from events like Oval Office briefings and Air Force One trips after the agency refused to adopt Trump's preferred term, "Gulf of America," instead continuing to refer to the "Gulf of Mexico." U.S. District Judge Trevor McFadden, a Trump appointee, ruled that the First Amendment prohibits the government from excluding journalists based on viewpoint.The ruling, which takes effect Sunday to allow time for appeal, restores the AP's access to White House press events. McFadden emphasized that if some journalists are granted access, others cannot be denied for their editorial stance. The AP sued three senior Trump aides in February, claiming the restrictions were unconstitutional retaliation against protected speech and lacked due process.AP reporters testified that the ban hindered their ability to cover the president, while Justice Department lawyers argued that access to presidential spaces is a privilege, not a right. Press freedom groups and the White House Correspondents' Association welcomed the decision, calling it a win for independent journalism. The case remains ongoing, with a final ruling expected in the coming months.Judge lifts Trump White House restrictions on AP while lawsuit proceeds | Reuters 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

Minimum Competence
Legal News for Mon 4/7 - Kirkland Bids to Join Coward Ranks, 500+ Firms Back Perkins Code, DOJ Lawyer Sidelined for Telling Truth About Illegal Deportation

Minimum Competence

Play Episode Listen Later Apr 7, 2025 6:23


This Day in Legal History:  Law for the Restoration of the Professional Civil ServiceOn April 7, 1933, the German government enacted the Law for the Restoration of the Professional Civil Service, a key early legal step in the Nazi regime's campaign to marginalize and exclude Jews and political dissenters from public life. The law targeted civil servants, stating that anyone who was not of “Aryan” descent or who held views deemed politically unreliable—especially Communists and Social Democrats—could be dismissed from government service. While phrased in bureaucratic language, the law was a thinly veiled act of political and racial purging. Jewish teachers, professors, judges, and other state employees were removed from their posts, some having served Germany for decades, including veterans of World War I.The law also gave the regime a tool to begin shaping state institutions along Nazi ideological lines. Its vague language about “unreliability” gave officials wide discretion to remove not only Jews but anyone who opposed the Nazis or failed to show sufficient loyalty. Although certain Jewish individuals were temporarily exempted under a “front-line fighter” clause—meant to placate concerns about fairness—the loophole would soon be closed in later legislation.This marked the first legal codification of anti-Semitism in Nazi Germany, providing a model for further exclusionary laws such as the 1935 Nuremberg Laws. It also demonstrated how laws could be used not only to formalize discrimination but to normalize it, embedding it into the everyday machinery of the state. By disguising oppression as administrative reform, the Nazi government laid the groundwork for a bureaucratic system of persecution that would escalate into far more violent phases in the years to come.Kirkland & Ellis, the world's highest-grossing law firm, is in negotiations with the Trump administration to avoid being targeted by an executive order similar to those issued against several of its competitors. The firm reportedly reached out to the White House proactively, hoping to strike a deal that would spare it from the penalties imposed on others—such as revoking security clearances, limiting federal access, or canceling client contracts.Other cowardly firms like Paul Weiss, Skadden Arps, and Milbank have already secured deals involving multimillion-dollar pledges for pro bono legal work aligned with White House priorities. These agreements also include commitments to avoid discriminatory diversity practices and to recruit ideologically diverse attorneys. Kirkland, though not yet the subject of an executive order, is one of 20 firms under Equal Employment Opportunity Commission scrutiny following Trump's directives.In 2024, Kirkland earned nearly $9 billion, with its lawyers playing key roles in major private equity and M&A deals, topping Bloomberg Law's transactional rankings. The firm's aggressive style and market dominance have made it a heavyweight in the legal world, and this move signals its intent to shield its interests amid the Trump administration's ongoing pressure campaign against firms seen as politically opposed.$9 billion in earnings is, apparently, not enough to buy a spine. Kirkland Talks Deal With Trump White House, Looks to Avoid OrderMore than 500 law firms have signed onto a court brief supporting Perkins Coie in its legal challenge against a Trump executive order that penalizes the firm over past political work and diversity policies. The brief, filed with U.S. District Judge Beryl Howell, criticizes what it describes as a dangerous effort to intimidate the legal profession, warning that legal representation of disfavored causes may now provoke government retaliation. Perkins Coie filed the lawsuit on March 11, following Trump's order targeting the firm for its past representation of Hillary Clinton's campaign and its internal diversity policies. Several firms targeted by similar orders—such as WilmerHale, Jenner & Block, and Covington & Burling—have either sued or signed the brief. Others, including once again the aforementioned Paul Weiss and Skadden Arps, reached deals with Trump to avoid formal action.Judge Howell has already blocked parts of Trump's order, calling it unconstitutional and a threat to the legal system's foundations. The White House maintains the orders are lawful exercises of presidential authority. The brief was spearheaded by former Obama Solicitor General Donald Verrilli, who now practices at Munger, Tolles & Olson, one of several prominent firms suing the administration over related matters. Many top law firms have stayed silent, but the growing backlash reflects broad concern about the use of presidential power to retaliate against legal opposition. Critics say the executive orders weaponize the law to chill dissent and undercut core legal protections.More than 500 law firms back Perkins Coie suit against punitive Trump order | ReutersA U.S. Department of Justice attorney has been placed on administrative leave after failing to defend the government's actions in a wrongful deportation case that a federal judge described as “wholly lawless.” The case involves Kilmar Abrego Garcia, a legally present Salvadoran migrant with a valid work permit, who was mistakenly deported despite a court order blocking his removal. U.S. District Judge Paula Xinis ordered that he be returned to Maryland and found no legal basis for his arrest, detention, or deportation, noting he had complied with all immigration requirements and had no criminal record.At a recent hearing, DOJ lawyer Erez Reuveni struggled to explain the deportation and admitted he lacked evidence justifying the government's actions. Attorney General Pam Bondi confirmed that Reuveni and his supervisor August Flentje have been sidelined from the case. The administration is appealing the order but has acknowledged in court filings that Abrego Garcia's deportation was a mistake.The deported man is now being held in a high-risk prison in El Salvador. The Trump administration has justified its actions by claiming gang affiliations, though there are no charges against Abrego Garcia. The case highlights broader concerns about due process and immigration enforcement under the current administration, with critics pointing to a pattern of ignoring legal protections in deportation proceedings.US sidelines DOJ lawyer involved in deportation case, which judge calls 'wholly lawless' | Reuters 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

Minimum Competence
Legal News for Thurs 4/3 - SCOTUS Backs FDA on Vapes, Musk to Exit DGE, Milbank Joins the Shameful and Trump Announces "Reciprocal" Tariffs That Aren't

Minimum Competence

Play Episode Listen Later Apr 3, 2025 7:11


This Day in Legal History: Smith v. AllwrightOn April 3, 1944, the United States Supreme Court delivered a landmark decision in Smith v. Allwright, reshaping the landscape of voting rights in the American South. The case centered on Lonnie E. Smith, a Black voter from Texas who was denied the right to vote in the Democratic Party's primary election due to a party rule that only allowed white voters to participate. At the time, the Democratic primary was the only meaningful election in many Southern states, as the party dominated politics, making exclusion from the primary tantamount to disenfranchisement.The Texas Democratic Party argued that, as a private organization, it had the right to determine its own membership and voting rules. However, the Court, in an 8–1 decision authored by Justice Stanley Reed, held that primaries were an integral part of the electoral process and could not be exempt from constitutional scrutiny. The justices concluded that excluding Black voters from primaries violated the Fifteenth Amendment, which prohibits racial discrimination in voting.This ruling effectively overturned the Court's 1935 decision in Grovey v. Townsend, which had upheld the use of white primaries. The Smith decision marked a critical step toward dismantling the legal architecture of Jim Crow voter suppression. While states continued to use other tactics to limit Black political power, the ruling energized civil rights activists and laid the foundation for future litigation.By reasserting federal authority over state electoral practices, Smith v. Allwright signaled a turning point in the judicial battle against racial segregation and disenfranchisement. It also demonstrated the Court's growing willingness to confront systemic racism in voting, a commitment that would deepen during the civil rights era. This case is remembered as one of the pivotal moments in the long struggle for voting rights in the United States.The U.S. Supreme Court largely upheld the FDA's authority to deny applications for flavored vaping products, supporting actions taken during the Biden administration under the 2009 Tobacco Control Act. The unanimous ruling rejected arguments from companies like Triton Distribution and Vapetasia LLC, which claimed the FDA unfairly imposed new testing requirements and ignored their marketing plans. These companies had applied to sell flavors like “Suicide Bunny Mother's Milk and Cookies” and “Killer Kustard Blueberry.”The Court found the FDA's approach consistent with its earlier guidance, despite claims from the 5th U.S. Circuit Court of Appeals that the agency had pulled a “regulatory switcheroo.” Justice Samuel Alito wrote the opinion, agreeing with most of the FDA's decisions but sending the case back to the appeals court to reassess whether the agency erred in refusing to consider the companies' marketing plans—an element the FDA had previously called “critical” for evaluating youth appeal.Though the ruling solidifies the FDA's regulatory role, its long-term impact is uncertain. President Trump, in furtherance of his undying effort to always be on the wrong side of everything, has promised to “save vaping,” though his campaign never clarified what that means in terms of future regulation. The case, FDA v. Wages and White Lion, leaves the appeals court to decide whether any procedural missteps by the FDA were ultimately harmless.Supreme Court Largely Backs Biden-Era FDA on Flavored Vapes (1)Elon Musk's time in Washington as head of the Department of Government Efficiency (DGE) appears to be nearing its end. Both Musk and President Trump have hinted that his departure is imminent, with Trump noting that DGE itself “will end.” Originally designed as a temporary advisory panel to cut federal costs, DGE has morphed into a more integrated part of the government, staffed with Musk allies tasked with canceling contracts and slashing budgets.However, signs of a wind-down are emerging. DGE staff are being reassigned to federal agencies, layoffs are underway, and the organization's influence seems to be diminishing. Musk, a special government employee limited to 130 working days per year, is approaching that limit, though neither he nor the administration has confirmed when his tenure will end.Musk's recent political involvement also took a hit when his preferred candidate for the Wisconsin Supreme Court lost, despite significant financial backing and a campaign visit. Tesla's 13% drop in quarterly sales adds further pressure. Trump praised Musk's contributions but acknowledged his corporate obligations, suggesting a graceful exit is likely rather than a public fallout.DGE had once shared leadership between Musk and Vivek Ramaswamy, but Ramaswamy left to run for Ohio governor. While Musk boasted about aiming to reduce the deficit by a trillion dollars, critics say the group's progress has been overstated. Despite speculation, Trump hasn't committed to keeping DGE operational post-Musk, indicating the administration may be moving to a new phase of governance.Musk could be headed for a Washington exit after turbulent times at Trump's DOGE | AP NewsPresident Donald Trump announced a new agreement with law firm Milbank, marking another chapter in the growing divide among U.S. law firms over how to handle pressure from his administration. According to Trump's Truth Social post, Milbank initiated the deal, which includes a commitment to provide $100 million in pro bono legal services for causes like veterans' support and combating antisemitism.The agreement comes amid a broader Trump administration effort to punish firms that have opposed or challenged his policies. Several law firms—such as Perkins Coie, WilmerHale, and Jenner & Block—have filed lawsuits seeking to block executive orders they claim were retaliatory and violated constitutional protections of free speech and due process. Federal judges recently issued temporary blocks on parts of those orders.In contrast, other firms including Paul Weiss, Skadden Arps, and Willkie Farr have opted for settlement-style deals with the administration to avoid similar sanctions. Milbank's chairman, Scott Edelman, reportedly described the agreement as aligned with the firm's values and praised the productive talks with the administration.This situation underscores a growing rift in the legal community: some firms are resisting what they see as political coercion, while others are choosing cooperation to preserve their standing with the federal government.Trump reaches agreement with Milbank law firm | ReutersPresident Trump announced a sweeping new tariff policy during a Rose Garden press conference, unveiling a "reciprocal" trade strategy aimed at countering what he described as decades of unfair treatment by U.S. trading partners. Holding a copy of a government report titled Foreign Trade Barriers, Trump declared that the U.S. will now impose tariffs that are approximately half the rate other countries charge American exports—but with a minimum baseline tariff of 10%, and many rates going significantly higher.Countries hit with new tariffs include:* China: 34%* European Union: 20%* Japan: 24%* South Korea: 25%* Switzerland: 31%* United Kingdom: 10%* Taiwan: 32%* Malaysia: 24%* India: 26%* Brazil: 10%* Indonesia: 32%* Vietnam: 46%* Singapore: 10%Trump also confirmed a 25% tariff on all foreign-made automobiles, stacking on the above-referenced rates, effective at midnight, and pointed to motorcycle tariffs as a key example of longstanding trade imbalances. He argued that U.S. manufacturers face rates as high as 75% abroad, while the U.S. imposes just 2.4%.The president justified the move as necessary to protect American jobs and industry, singling out countries like Canada and Mexico for benefiting from U.S. subsidies and defense spending. Detroit autoworker Brian Pannebecker spoke in support, calling Trump's actions a hopeful step toward revitalizing shuttered factories.While Trump emphasized that the tariffs fall short of full reciprocity to avoid overwhelming allies, he made clear the era of what he called “economic surrender” was over. The announcement included plans to sign an executive order formalizing the new tariff regime, which boosted U.S. stock futures as markets reacted positively to the aggressive trade stance. Oh no I'm sorry, I got that wrong: stock futures tanked.  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

Cracks in Postmodernity
Faith in a Globalized World: Milbank, Hamid, Cavanaugh

Cracks in Postmodernity

Play Episode Listen Later Apr 2, 2025 77:12


In this third episode of the Searching for the Self in an Age of Simulation series, Stephen G. Adubato, host of Cracks in Postmodernity, joins philosopher John Milbank, author Shadi Hamid, and theologian William T. Cavanaugh, to discuss faith and globalization. How does globalization impact religious belief and practice? As the world becomes increasingly interconnected, believers face new opportunities to share their faith and new challenges in maintaining their local religious communities. Stephen G. Adubato joins John Milbank, Shadi Hamid, and William T. Cavanaugh for a compelling discussion on the dynamic interplay between faith and globalization. Thanks to Interintellect for hosting our salon! https://interintellect.com/Subscribe to the Substack: https://cracksinpomo.substack.com/publish/settings

Cracks in Postmodernity
Faith in a Globalized World: Milbank, Hamid, Cavanaugh

Cracks in Postmodernity

Play Episode Listen Later Apr 2, 2025 77:12


In this third episode of the Searching for the Self in an Age of Simulation series, Stephen G. Adubato, host of Cracks in Postmodernity, joins philosopher John Milbank, author Shadi Hamid, and theologian William T. Cavanaugh, to discuss faith and globalization. How does globalization impact religious belief and practice? As the world becomes increasingly interconnected, believers face new opportunities to share their faith and new challenges in maintaining their local religious communities. Stephen G. Adubato joins John Milbank, Shadi Hamid, and William T. Cavanaugh for a compelling discussion on the dynamic interplay between faith and globalization. Thanks to Interintellect for hosting our salon! https://interintellect.com/Subscribe to the Substack: https://cracksinpomo.substack.com/publish/settings

Vroom Vroom Veer with Jeff Smith
Elizabeth Zelinka Parsons – Navigating the Retirement Transition

Vroom Vroom Veer with Jeff Smith

Play Episode Listen Later Mar 24, 2025 53:39


Elizabeth Zelinka Parsons, J.D., is a Retirement Transition Expert, lawyer, and co-founder of two consulting firms, Zelinka Parsons and Encoraco. A magna cum laude graduate of Georgetown University Law Center and summa cum laude graduate of James Madison University, Elizabeth has spent over two decades shaping professional development and transition strategies for legal professionals. A former attorney at Milbank, she built a national consulting firm assisting AmLaw 100 firms with talent solutions. Author of "Encore: A High Achiever's Guide to Thriving in Retirement " (Feb. 5, 2025), Elizabeth combines analytical rigor with creative vision to help professionals redefine retirement as a dynamic opportunity for growth and fulfillment. Elizabeth Zelinka Parson Vroom Vroom Veer Summary In this episode of "Vroom Vroom Veer," host Jeff Smith welcomes guest Elizabeth Zelinka Parsons, a Retirement Transition Expert and lawyer. After a brief introduction by Michelle e Dickinson and an advertisement for the show, Jeff expresses excitement about the episode's topic, namely tips for retirement, as he has been retired for a long time and is eager to learn. Elizabeth shares insights about her work at her consulting firms, Encoraco and Zelinka Parsons, highlighting her new book, "Encore: A High Achiever's Guide to Thriving in Retirement," which was released in February 2025. She explains that many people overly focus on the financial aspect of retirement, neglecting the personal identity challenges that come with it. Elizabeth emphasizes the importance of redefining retirement as a dynamic opportunity for growth and fulfillment. Jeff and Elizabeth discuss the psychological impact of leaving a long-standing career, touching upon the pressure high achievers feel to remain successful. Elizabeth recounts her experience when she transitioned from a demanding law career to focusing on family, which drastically altered her identity and self-worth. She describes feeling lost and having to rebuild her life without the structure her career provided. They reflect on how their early identities were shaped by their achievements and how challenging it can be to adjust to a new reality without traditional markers of success. Elizabeth encourages listeners to seek engagement and purpose in various aspects of their lives, advocating for a more experimental mindset as they explore new interests and connections. The conversation also covers the difficulties transitioners face regarding social connections and community building post-retirement. Elizabeth speaks about the need to be intentional in forming relationships and finding new activities that bring joy and meaning. As the episode concludes, Elizabeth discusses her process of writing her book, which grew out of her experiences and the desire to help others navigate their retirement transitions. Jeff praises the value of Elizabeth's work and encourages listeners to engage with her content on her website, encoraco.com, and through her LinkedIn page. The episode ends with playful banter as Jeff thanks Elizabeth for her time, reinforcing the importance of navigating life's transitions thoughtfully and intentionally. The show wraps up with a reminder to visit vvvveer.com for more information and show notes. Connections Website LinkedIn

Mornings with Mark Duffield
Zac Milbank - SANFL Media Producer (18/02/2025)

Mornings with Mark Duffield

Play Episode Listen Later Feb 18, 2025 16:19


SNFL Media Producer, Zac Milbank, joined Mark Duffield on Mornings to learn a bit more about the Fremantle Dockers' latest recruit, Isiah Dudley. Learn more about your ad choices. Visit megaphone.fm/adchoices

Law, Policy & Markets
2025: "It's Tough to Make Predictions, Especially About the Future.”

Law, Policy & Markets

Play Episode Listen Later Feb 15, 2025 45:49 Transcription Available


Send us a textIn this episode, host Allan Marks and Milbank partners Erwin Dweck, Apostolos Gkoutzinis, Fiona Schaeffer and John Williams forecast what's in store for markets and policy in 2025 in the US, Europe and globally. They also share what they are reading now, recommending surprisingly diverse and wide-ranging books.About the SpeakersErwin Dweck is a partner in the New York office of Milbank LLP, the Practice Group Leader of the firm's Real Estate Group and a member of the firm's Global Executive Committee. Read MoreApostolos Gkoutzinis is a market-leading international corporate finance and securities lawyer and a partner in the firm's European Leveraged Finance/Capital Markets group in London. Read MoreFiona Schaeffer is a member of the firm's Litigation & Arbitration Group and an international antitrust lawyer with over 25 years of experience practicing on both sides of the Atlantic. Read MoreJohn Williams leads the Derivatives practice at Milbank globally and is a member of the firm's Alternative Investment Practice. Read MoreAllan Marks is one of the world's leading project finance lawyers. He has advised developers, investors, lenders, and underwriters in the development and financing of complex energy and infrastructure projects around the world, as well as acquisitions, restructurings and capital markets transactions. He is a Senior Fellow at Columbia University's Center on Sustainable Investment and teaches law at both the University of California, Berkeley and UCLA. Read MoreFor more information and insights, follow us on social media and podcast platforms, including Apple, Spotify, Amazon Music, iHeart, Google and Audible.Disclaimer

Calling All Sports
CAS 2 - 11 - 2-2025 Kalen DeBoer-Alabama Football Coach (Milbank/USF)

Calling All Sports

Play Episode Listen Later Feb 11, 2025 25:52


CAS 2 - 11 - 2-2025 Kalen DeBoer-Alabama Football Coach (Milbank/USF) by Calling All Sports

ACAP Coffee Break
Christopher Koller, Milbank Memorial Fund

ACAP Coffee Break

Play Episode Listen Later Feb 10, 2025 22:34


In this episode of the ACAP Coffee Break podcast, ACAP CEO Meg Murray speaks with Chris Koller, ACAP's founding Board Chair and the current president of Milbank Memorial Fund.Listen as Chris tells the story of ACAP's founding in 2000, when 17 health plan leaders came together to form an association dedicated to health center-affiliated health plans, with a collective mission to advocate for shared priorities, shape policy, and promote best practices. Chris also details ACAP's growth and achievements over the past 25 years, as well as his career journey in health care and current work at Milbank Memorial Fund.  

Law, Policy & Markets
Geopolitics and 2025 Market Forecast: The View from Asia

Law, Policy & Markets

Play Episode Listen Later Dec 23, 2024 28:17


Send us a textIn this episode of the podcast, host Allan Marks sits down with Milbank partner Jacqueline Chan to discuss their 2025 predictions for geopolitics, trade in Asia, climate impacts on investments, and cross-sector market trends, plus Ms. Chan's thought-provoking book recommendations to read in the new year. They also looked back at how much has changed since they recorded their first Law, Policy & Markets podcast episode together five years ago. A lot has changed in the world since 2020.About the speakers:Jacqueline Chan is a partner in Milbank's Singapore office, previously based in Hong Kong. She advises on a wide range of international corporate finance transactions and M&A deals, and regularly represents sponsors, borrowers and lenders on complex cross-border acquisition finance transactions. In addition, she has significant experience with international debt restructurings in Asia. Ms. Chan specializes in structuring complex debt and equity transactions for clients both within and outside of Southeast Asia, and regularly advises many of the largest private equity funds, sovereign wealth funds, corporates, leading banks and financial institutions in their various transactions globally and in particular throughout Asia.Allan Marks is one of the world's leading project finance lawyers. He advises developers, investors, lenders, and underwriters in the development and financing of complex energy and infrastructure projects around the world, as well as acquisitions, restructurings and capital markets transactions. Many of his transactions relate to sustainability and innovative clean technologies. He is a Senior Fellow at Columbia University's Center on Sustainable Investment and teaches law at both the University of California, Berkeley and UCLA. He previously taught project finance at UC Berkeley's Haas School of Business.For more information and insights, follow us on social media and podcast platforms, including Apple, Spotify, Amazon Music, iHeart, Google and Audible.Disclaimer

Forging Ploughshares
Beyond Plato, Milbank, Hart and Lonergan with Jordan Wood

Forging Ploughshares

Play Episode Listen Later Dec 7, 2024 63:52


Jordan Wood addresses the determinate good and love of Christ, in contrast to abstractions, and addresses the Neo-Platonism of Hart and Milbank, and the true orthodoxy of Hegel, as opposed to the received neo-Kantianism of Lonergan. If you enjoyed this podcast, please consider donating to support our work. Become a Patron!

Minimum Competence
Legal News for Weds 12/4 - Hunter Tax Case Dismissed, Coinbase CEO Warns Law Firms Over Hires, TX Court Blocks Corporate Transparency Act and Transgender Rights Before SCOTUS

Minimum Competence

Play Episode Listen Later Dec 4, 2024 6:50


This Day in Legal History: Alcohol Control Administration CreatedOn December 4, 1933, President Franklin D. Roosevelt established the Federal Alcohol Control Administration (FACA) by executive order, a pivotal moment in the transition away from Prohibition. This action came under the National Industrial Recovery Act, as part of Roosevelt's broader New Deal agenda aimed at economic recovery. FACA was designed to regulate the burgeoning alcohol industry, which was reemerging after years of prohibition, ensuring it operated within fair competition guidelines. The administration focused on creating voluntary codes for brewers, distillers, and wineries to prevent monopolistic practices and maintain equitable market conditions.FACA's creation coincided with the formal repeal of Prohibition under the 21st Amendment, which took effect later that month. However, the agency's lifespan was short-lived. By August 1935, it was replaced by the Federal Alcohol Administration (FAA) through new legislation. The FAA consolidated alcohol regulation within the Treasury Department, laying the groundwork for modern alcohol oversight. Today, the Alcohol and Tobacco Tax and Trade Bureau (TTB), a successor to the Bureau of Alcohol, Tobacco, and Firearms (ATF), continues to fulfill the regulatory role first envisioned by FACA. The establishment and swift evolution of alcohol regulation reflect the complexities of ending Prohibition and integrating alcohol back into the economy under federal oversight.A federal judge in California dismissed Hunter Biden's tax case but criticized the presidential pardon issued by President Joe Biden. Judge Mark C. Scarsi expressed skepticism about the validity of the pardon, noting that it was supported only by a press release and could be interpreted as covering actions beyond its signing date. He questioned the argument that the charges against Hunter were politically motivated, highlighting that the investigation was conducted under the supervision of the President's own Department of Justice.The judge also pointed out inconsistencies in statements by the President, who claimed his son was treated unfairly compared to others with similar tax issues. However, Hunter Biden had admitted to evading taxes while sober, contrary to claims of addiction-related leniency. Despite these critiques, Scarsi determined that the part of the pardon covering Hunter's past conduct required dismissal of the charges in his Los Angeles tax case. The case underscores the legal and political complexities surrounding Hunter Biden's prosecution and the implications of presidential pardons.Judge Slams Hunter Biden Pardon but Tosses California Tax CaseCoinbase CEO Brian Armstrong issued a warning to law firms that hiring former government officials involved in crypto enforcement could result in losing Coinbase as a client. In a Dec. 2 post, Armstrong criticized Milbank LLP for hiring Gurbir Grewal, the former SEC enforcement director who led numerous actions against crypto companies, including Coinbase. Armstrong called this move a mistake, stating Coinbase would never work with Milbank as long as Grewal was there.Paul Grewal, Coinbase's general counsel, supported Armstrong's stance, emphasizing the importance of holding former government lawyers accountable for their actions while in office. He hoped the statement would spark a broader conversation about the “revolving door” between Washington and private law firms. Armstrong's post aims to influence firms not yet on Coinbase's roster to consider the implications of their hiring choices. At a legal panel, Gurbir Grewal defended his actions at the SEC, denying any bias against the crypto industry but acknowledging frustrations with the agency's strict enforcement. Legal experts noted that public ultimatums like Armstrong's are rare, though private client concerns about hiring conflicts are common. Coinbase continues to navigate regulatory tensions, having been charged by the SEC in June 2023 for operating without proper registration and filing its own legal challenges against the agency.Coinbase CEO Threatens Law Firms Over Government Hires (1)A federal court in Texas has issued a nationwide preliminary injunction blocking the Corporate Transparency Act (CTA), which requires U.S. businesses to report their beneficial owners to the Treasury Department. Judge Amos L. Mazzant III ruled in favor of the plaintiffs, including a firearms retailer and the Libertarian Party of Mississippi, who argued that the law exceeded Congress's constitutional authority under the Commerce Clause by targeting all incorporated entities, even those not engaged in commercial activity.The CTA aimed to combat anonymous shell companies and deter financial crimes like money laundering and terrorism financing. However, Judge Mazzant criticized the law as a "quasi-Orwellian statute" that oversteps constitutional limits, asserting that Congress cannot mandate such disclosures solely for law enforcement purposes. He emphasized that the act does not directly regulate commerce, undermining its constitutional basis.The injunction affects an estimated 32.6 million businesses required to comply by 2025. The Justice Department has not yet commented on the ruling. The plaintiffs were represented by S|L Law PLLC and the Center for Individual Rights in the case Texas Top Cop Shop, Inc. v. Garland.Corporate Transparency Act Blocked Nationwide by Texas CourtThe U.S. Supreme Court will hear a pivotal case on the rights of transgender minors, focusing on a Tennessee law that prohibits gender-affirming medical care such as puberty blockers and hormone therapy for those under 18. The Biden administration argues that the law violates the 14th Amendment's equal protection clause by discriminating based on sex and transgender status. This case represents a critical examination of individual rights and the role of government in regulating personal healthcare decisions.Tennessee defends the law as a measure to protect minors from what it calls "risky and unproven" medical treatments, citing international debates and instances of treatment regret. However, major medical associations counter that gender-affirming care is effective and can be life-saving for individuals experiencing gender dysphoria, which is linked to higher suicide rates if untreated.The law has significant consequences for families like that of plaintiff Brian Williams, whose 16-year-old transgender child depends on this care to thrive. Advocates, including the American Civil Liberties Union and Lambda Legal, argue that the law unjustly targets vulnerable youth, while Tennessee officials claim it safeguards children.The Supreme Court, which has a 6-3 conservative majority, will decide on the legality of this ban by June. This decision could set a precedent for similar laws in 23 other states, highlighting critical questions about equality and healthcare access for transgender individuals.US Supreme Court set to hear major transgender rights case | Reuters 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

New Project Media
NPM Interconnections (US) - Episode 126: Allan T. Marks | Milbank LLP

New Project Media

Play Episode Listen Later Dec 3, 2024 24:34


Allan T. Marks, a partner with Milbank and a member of the firm's Global Project Energy and Infrastructure Finance Group and senior fellow at Columbia University in the Columbia Center on Sustainable Investment, joins Jon Berke on the podcast to discuss the impacts that the incoming Trump administration will have on clean energy policy.More broadly, Marks discusses how the Inflation Reduction Act (IRA) and the Loans Program Office (LPO) under the Department of Energy will be impacted. The two also discuss the impacts that nominees for the Department of Energy and Department of Interior, Chris Wright and Doug Burgum, respectively, will have on clean energy policy.New Project Media (NPM) is a leading data, intelligence, and events company providing origination led coverage of the US and European renewable energy markets for the development, finance, M&A, and corporate community.Download our mobile app.

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

Above the Law - Thinking Like a Lawyer
Biglaw Bonus Season Arrives!

Above the Law - Thinking Like a Lawyer

Play Episode Listen Later Nov 13, 2024 32:49


The race is on. ----- It's the most wonderful time of the year! Milbank continues to relish its role as the Pied Piper of Biglaw bonuses, once again jumping the traditional late November bonus announcement kickoff to set the bar for 2024 annual bonuses. We also learned that a number of firms make non-equity pay a share of the partnership expenses despite holding no equity. And one partner out there is using work email to complain about the neighbors with offensive terminology.

Legal Talk Network - Law News and Legal Topics
Biglaw Bonus Season Arrives!

Legal Talk Network - Law News and Legal Topics

Play Episode Listen Later Nov 13, 2024 32:49


The race is on. ----- It's the most wonderful time of the year! Milbank continues to relish its role as the Pied Piper of Biglaw bonuses, once again jumping the traditional late November bonus announcement kickoff to set the bar for 2024 annual bonuses. We also learned that a number of firms make non-equity pay a share of the partnership expenses despite holding no equity. And one partner out there is using work email to complain about the neighbors with offensive terminology.

Big Law Business
Big Law Associates Waiting on a Milbank Bonus Match

Big Law Business

Play Episode Listen Later Nov 12, 2024 15:44


Associates at Big Law firms are accustomed to a tradition: Whenever one law firm raises associate salaries or doles out a bonus, other firms scramble to match. But this year, something strange happened: A Wall Street law firm, Milbank LLP, in August gave out a special bonus, and none of its law firm competitors followed suit. Bloomberg Law's Roy Strom spoke with his colleague Meghan Tribe about what might happen next for associates' bonuses on this episode of our podcast, On The Merits, and how law firms' revenue this year compares to 2021, the last time associates reaped a windfall from a boom in work. We also discuss whether associates across Big Law might still benefit from the special bonuses, which ranged from $6,000 to $25,000. Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.

Law, Policy & Markets
How to Improve Carbon Credit Markets: “Trust but Verify”

Law, Policy & Markets

Play Episode Listen Later Nov 8, 2024 49:44


Send us a textIn this episode, host Allan Marks speaks with Alexia Kelley, managing director of the Carbon Policy & Markets Initiative at High Tide Foundation, and Josh Sterling, a partner in Milbank's Litigation & Arbitration and Derivatives Groups based in Washington, DC and former federal regulator of commodity futures markets. They discuss carbon credits in voluntary markets and in mandatory or compliance markets. They also explore how new rules in the US and globally aim to boost the integrity of voluntary carbon markets, how to get more “bang for the buck” in carbon trading, and how nature-based projects and other decarbonization investments funded by carbon credits—such as reforestation, agriculture sector improvements, and renewable energy projects—help support climate goals.About the SpeakersAlexia Kelly has nearly 20 years of experience dealing with high integrity carbon and environmental services markets. She is managing director of the Carbon Policy & Markets Initiative at High Tide Foundation and was previously director of NetZero and Nature at Netflix, on the board of ICVCM setting global standards for voluntary carbon markets, and the US State Department's lead negotiator on Article 6 of the Paris Agreement to the United Nations Framework Convention on Climate Change. Josh Sterling is a Milbank partner based in Washington, DC and a member of the firm's Litigation & Arbitration and Derivatives Groups. In DC, he served for many years as Director of the CFTC's Market Participants Division overseeing over 3300 banks, intermediaries and registered asset managers trading derivatives, among other federal regulatory duties. He specializes in representing banks, trading firms, derivatives markets, and other institutional clients in high-stakes investigations, enforcement matters and other regulatory proceedings before the CFTC.Allan Marks is one of the world's leading project finance lawyers. He advises developers, investors, lenders, and underwriters around the world in the development and financing of complex energy and infrastructure projects, as well as related acquisitions, restructurings and capital markets transactions. Many of his transactions relate to ESG and sustainability, innovative clean technologies, and sophisticated contractual risk allocation. He is a Senior Fellow at Columbia University's Center on Sustainable Investment and serves as an Adjunct Lecturer at the University of California, Berkeley at the Law School and previously at the Haas School of Business.For more information and insights, follow us on social media and podcast platforms, including Apple, Spotify, Amazon Music, iHeart, Google and Audible.Disclaimer

Law, Policy & Markets
The Best of LPM | What's at Stake for Mergers, Antitrust and CFIUS in the US 2024 Presidential Election

Law, Policy & Markets

Play Episode Listen Later Oct 31, 2024 56:08 Transcription Available


Send us a textOriginally broadcast: February 27, 2024Discover how the 2024 US presidential election could transform the regulatory landscape for mergers, antitrust enforcement, and foreign investment. With the prospect of President Joe Biden facing off against former President Donald Trump, this episode unpacks the economic policies and national security priorities of these political titans. Milbank partners Adam DiVincenzo and John Bain join host Allan Marks to provide a sharp analysis of how both administrations have wielded the Committee on Foreign Investment in the United States (CFIUS), particularly in relation to China, and what that means for foreign investment strategies moving forward.As we navigate the intricate balance between market power, innovation, and regulation, learn how historical antitrust measures influence modern policies. Our conversation draws on the insights of economists like Schumpeter and Arrow to understand the role of large companies in fostering or stifling innovation. We explore the complex interplay of regulatory bodies like the FTC and DOJ in shaping market competition and how geopolitical considerations can impact merger activities. This episode offers a comprehensive look at how shifting political landscapes and economic strategies are poised to redefine the future of business.We also delve into the nuances of antitrust laws and market strategies, exploring how proposed bans and historical perspectives like the Sherman Act inform current debates. The discussion reflects on Robert Bork's theory of consumer welfare, questioning its relevance today. Learn how administrations may continue to leverage robust antitrust tools and how geopolitical tensions with countries like Russia and China could impact merger regulations. From ESG initiatives to strategies for navigating CFIUS reviews, we provide the insights you need to understand the forces shaping tomorrow's corporate environment.For more information and insights, follow us on social media and podcast platforms, including Apple, Spotify, Amazon Music, iHeart, Google and Audible.Disclaimer

Our Curious Amalgam
#297 HSR You Kidding Me? Unpacking the New Requirements for Merging Parties in the U.S.

Our Curious Amalgam

Play Episode Listen Later Oct 28, 2024 31:28


Over a year after the FTC and DOJ first announced changes to the premerger notification form and associated rules under the Hart-Scott-Rodino Act, the final rules were released in October 2024. What do these new HSR rules mean in practice for parties to transactions that must make an HSR filing? Daniel Rosenthal, Special Counsel at Milbank, joins hosts Jaclyn Phillips and Matt Tabas to discuss these changes in detail. Listen to this episode to learn more about what has changed, what hasn't, and how you can start to prepare. With special guest: Daniel J. Rosenthal, Special Counsel, Milbank LLP Related Links: The New HSR Form Is Here  Hosted by: Jaclyn Phillips, White & Case LLP and Matt Tabas, Arnold & Porter Kaye Scholer LLP

The Bill Press Pod
Nut Cases in The House with The Washington Post's Dana Milbank

The Bill Press Pod

Play Episode Listen Later Oct 8, 2024 37:05


The great columnist for The Washington Post Dana Milbank has a hilarious/frightening new book: Fools on the Hill: The Hooligans, Saboteurs, Conspiracy Theorists, and Dunces Who Burned Down the House. Bill's conversation with Dana highlights the perceived incompetence and extremism of the current Republican House members, including figures like Marjorie Taylor Greene and Kevin McCarthy. Milbank's book chronicles the dysfunction and conspiracy theories within the House Republican caucus. Milbank argues that if Republicans maintain control of the House with Trump-aligned members like Mike Johnson as Speaker, it could pose a serious threat to American democracy, as they would likely seek to overturn election results at Trump's behest. The podcast emphasizes the high stakes of the 2024 House races and the need for Democrats to regain control to prevent further damage to the institution of Congress.Bill points us to SwingLeft , an organization targeting the key races that could win control of the House and Senate. If Harris wins, she will need a Democratic Congress to get things done. Go to SwingLeft.org and give what you can. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Law, Policy & Markets
The Digital Infrastructure Revolution: AI Drives Massive Investment in Data Centers and Connectivity

Law, Policy & Markets

Play Episode Listen Later Oct 1, 2024 32:05


Send us a textWe are experiencing a revolution in digital infrastructure. Artificial intelligence (AI) gets most of the attention, but the appetite for expanded capacity – and the magnet for new public and private investment – affects myriad digital technologies.  Broadband fiber, data centers, wireless spectrum networks, and advanced chip manufacturing are attracting billions of dollars in new funding.  In this episode, “The Digital Infrastructure Revolution: AI Drives Massive Investment in Data Centers and Connectivity,” host Allan Marks speaks with Milbank partners Patrick Campbell and Jaime Ramirez. They examine how the CHIPS and Science Act of 2022 and other federal programs together with the explosion of new artificial intelligence technology and the impacts of the pandemic are driving a massive wave of investment in fiber and data center projects. About the SpeakersPatrick S. Campbell is a partner in the Washington, DC office of Milbank LLP and a member of the firm's Transportation and Space Group. Mr. Campbell's practice focuses on transactional, corporate and regulatory matters in the digital infrastructure space. He has worked extensively on such matters on behalf of domestic and foreign fiber optic, wireless, data center, tower, satellite, computing service, media and Internet companies, as well as banks, private equity firms and other entities investing in, or providing securitization or other debt financing for, these companies.Jaime E. Ramirez is a partner in the New York office of Milbank and a member of the firm's Global Project, Energy and Infrastructure Finance Group. He focuses on representing parties in the acquisition, development and financing of large scale natural resource and infrastructure projects. His experience also includes the representation of investment banks and borrowers in cross-border financing transactions, particularly in Latin America.Podcast host Allan Marks is one of the world's leading project finance lawyers. He advises developers, investors, lenders, and underwriters around the world in the development and financing of complex energy and infrastructure projects, as well as related acquisitions, restructurings and capital markets transactions. Many of his transactions relate to ESG and sustainability, innovative clean technologies, and sophisticated contractual risk allocation. Allan serves as an Adjunct Lecturer at the University of California, Berkeley at the LFor more information and insights, follow us on social media and podcast platforms, including Apple, Spotify, Amazon Music, iHeart, Google and Audible.Disclaimer

White House Chronicle
Fools on the Hill

White House Chronicle

Play Episode Listen Later Sep 27, 2024 27:30


Dana Milbank, a Washington Post opinion columnist, knows there is humor in truth. He has written a hilarious and truthful book on the dysfunctional state of the current Republican House, "Fools on the Hill: The Hooligans, Saboteurs, Conspiracy Theorists, and Dunces Who Burned Down the House." Host Llewellyn King and Co-host Adam Clayton Powell III had the fun of talking, as Lewis Carroll's Walrus said, "of many things" with Milbank.

Above the Law - Thinking Like a Lawyer
Who Will Join Milbank's Summer Bonus Party?

Above the Law - Thinking Like a Lawyer

Play Episode Listen Later Aug 14, 2024 32:59


Milbank is leading the associate compensation charge -- again -- with summer bonuses. The associate there must be thrilled... Unlike DLA Piper's associates. That firm changed course on office attendance and it's going over like a lead balloon. Elon Musk also changed course, because when he told advertisers to go F themselves he really meant, "if you don't do what I want you to do I'll sue you."

Legal Talk Network - Law News and Legal Topics
Who Will Join Milbank's Summer Bonus Party?

Legal Talk Network - Law News and Legal Topics

Play Episode Listen Later Aug 14, 2024 32:59


Milbank is leading the associate compensation charge -- again -- with summer bonuses. The associate there must be thrilled... Unlike DLA Piper's associates. That firm changed course on office attendance and it's going over like a lead balloon. Elon Musk also changed course, because when he told advertisers to go F themselves he really meant, "if you don't do what I want you to do I'll sue you."

Minimum Competence
Legal News for Fri 8/9 - DACA ACA Challenge, IRS Resumes ERC Claims, EPA Safeguarding Work Ahead of Trump Return, and Milbank Summer Bonuses

Minimum Competence

Play Episode Listen Later Aug 9, 2024 11:48


This Day in Legal History: Webster-Ashburton TreatyOn August 9, 1842, the United States and Great Britain signed the Webster-Ashburton Treaty, which played a crucial role in resolving longstanding boundary disputes between the two nations. The treaty, negotiated by U.S. Secretary of State Daniel Webster and British diplomat Lord Ashburton, focused on the contentious northern borders of Maine and Minnesota. For years, tensions had simmered over the unclear boundary lines established by the Treaty of Paris in 1783, particularly in the area known as the Aroostook region of Maine. The Webster-Ashburton Treaty provided a compromise that defined the Maine-Canada border, with the U.S. gaining 7,015 square miles of territory and the British securing a vital trade route. Additionally, the treaty clarified the boundary along the Great Lakes and reaffirmed the 49th parallel as the U.S.-Canada border west of the Lake of the Woods. Beyond territorial matters, the treaty also addressed issues of extradition and the suppression of the slave trade, marking a significant step in Anglo-American diplomacy. The successful negotiation of the treaty helped ease tensions between the two powers and set a precedent for future peaceful resolutions of international disputes.A coalition of 15 Republican-led states, spearheaded by Kansas Attorney General Kris Kobach, has filed a lawsuit aiming to block a Biden administration rule that allows up to 200,000 DACA recipients to access federal health insurance programs. The rule, implemented by the Department of Health and Human Services (HHS) in May, designates DACA participants as "legally present," thus qualifying them for healthcare benefits under the Affordable Care Act (ACA). The states argue that this classification contradicts federal law, which prohibits providing public benefits to individuals without legal immigration status. They contend that the rule encourages illegal immigration and imposes financial burdens on states by necessitating the provision of additional public services. In a related move, Texas Governor Greg Abbott issued an executive order to track the state's costs associated with providing medical care to undocumented immigrants. The lawsuit reflects ongoing tensions surrounding immigration policy, a contentious issue as the 2024 presidential election approaches.US states sue over Biden rule extending health insurance to DACA immigrants | ReutersThe IRS has resumed processing certain Employee Retention Tax Credit (ERC) claims that were paused during the pandemic, specifically those filed between September 14, 2023, and January 31, 2024. The agency will focus on processing claims it deems either high or low risk. The decision to start with these claims aligns with a recent bipartisan tax bill that aimed to end the ERC program early, though the bill is unlikely to become law this year. The IRS halted the processing of new claims after September 14 due to a surge in claims and concerns over fraudulent filings by third-party companies. Many eligible taxpayers have experienced long delays in receiving their payments. The IRS plans to process 50,000 low-risk claims beginning in September and anticipates sending out another significant batch of payments in the fall. Additionally, the IRS issued 28,000 disallowance letters for high-risk claims, potentially preventing $5 billion in improper payments. However, some tax professionals reported errors in these letters, leading the IRS to promise adjustments and better support for affected taxpayers.IRS Reopens Processing Some Covid-Era Claims, Pays Out More CashEnvironmentalists and career staff at the Environmental Protection Agency (EPA) are taking steps to protect the agency's work from potential political interference, particularly if Donald Trump is re-elected. Concerns stem from Trump's first term, during which political appointees frequently overruled scientific findings. To mitigate this, the EPA and its largest union have ratified a new contract allowing staff to report violations of scientific integrity without fear of retribution. However, despite these protections, there remains significant worry about the extent to which a future Trump administration could reshape the agency, especially given plans outlined in the Project 2025 blueprint, which proposes adding politically appointed oversight roles within the EPA. The agency faces challenges as Trump's allies advocate for policies that could allow the firing of federal employees en masse and the weakening of scientific safeguards. Historically, political interference has affected EPA work, with an unprecedented number of scientific integrity violations recorded during Trump's first term. The Biden administration has taken steps to protect its environmental regulations, but there are concerns that these could be rolled back or challenged in court under a future Trump presidency. Additionally, the possibility of a mass exodus of EPA staff if Trump returns to power could further weaken the agency's ability to operate effectively.EPA Staff Move to Safeguard Work Amid Worries of Trump's ReturnMilbank LLP is awarding special summer bonuses to its associates and counsel, with amounts ranging from $6,000 for first-year associates to $25,000 for more senior staff. This decision reflects the firm's busy workload in the first half of the year and anticipates continued high demand. Milbank, which previously led the market in raising associate salaries, is likely prompting other law firms to follow suit in offering similar bonuses to remain competitive. However, industry experts caution that not all firms are financially positioned to match these bonuses, despite market optimism following recent financial market fluctuations. While some firms may struggle to keep up, others see this move as a positive indicator for future revenue growth.Milbank Hands Out Summer Bonuses for Associates and Counsel (1)This week's closing theme is by Frédéric Chopin.This week, we're closing our episode with a piece that holds special significance, especially for my co-host, Gina, who is celebrating her birthday on August 10th. As a birthday tribute to her, we've chosen to feature her favorite classical piano piece: Frédéric Chopin's Nocturne No. 2 in E-flat major, Op. 9, No. 2.Frédéric Chopin, a Polish composer and virtuoso pianist of the Romantic era, is widely regarded as one of the greatest composers for the piano. His music, known for its lyrical beauty and emotional depth, captures the essence of the Romantic spirit. The Nocturne No. 2, composed when Chopin was just 20 years old, is one of his most beloved works. It's a piece that perfectly showcases his ability to combine delicate, flowing melodies with rich, expressive harmonies.The Nocturne is both gentle and introspective, with a melody that seems to float effortlessly over a soft, arpeggiated accompaniment. Its serene, almost dreamlike quality invites listeners to lose themselves in the music. This piece, with its subtle nuances and lyrical grace, is a testament to Chopin's genius and a perfect way to celebrate Gina's special day.So, as we conclude today's episode, sit back, relax, and enjoy the timeless beauty of Chopin's Nocturne No. 2, a fitting tribute to both the composer and to Gina on her birthday. Happy Birthday! 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

Crossroads: The Infrastructure Podcast
Milbank Partner discusses renewable energy implications of Election 2024

Crossroads: The Infrastructure Podcast

Play Episode Listen Later Aug 1, 2024 26:45


Milbank partner Allan Marks joins Infralogic's Crossroads podcast, to discuss how the 2024 election could impact growth in the US renewables sector.He shares his perspectives on how the next president of the United States could impact the legislative agenda, federal agencies and their ongoing efforts to decarbonize.

People in Transition
110. Elizabeth Parsons - Author of "Encore: A High Achiever's Guide to Thriving in Retirement"

People in Transition

Play Episode Listen Later Jul 21, 2024 34:31


Send us a Text Message.Elizabeth Zelinka Parsons, J.D., is an accomplished lawyer, facilitator, author, speaker, Board Certified Coach, and the driving force behind multiple successful consulting firms.  After a distinguished career at the international law firm of Milbank, Elizabeth shifted her focus to empowering others by leveraging her extensive professional experience.  She co-founded Zelinka Parsons, a consulting firm dedicated to helping organizations design succession planning and retirement solutions.  Now, Elizabeth extends her expertise to individual clients, helping them towards creating purposeful and fulfilling lives post-career.In this episode, we explore the multifaceted transition into retirement.  Key topics include:Grieving Career Loss: It's normal to feel a sense of loss when leaving behind a career you were passionate about.Developing New Skills: Transitioning from reacting to issues in a professional setting to creatively managing your own time.Addressing Loneliness: While others may celebrate your retirement, you might feel a sense of loss.  With proper planning and effort, this can be managed.Managing Flextime: Your schedule will transform from a rigid structure to a flexible mosaic of activities.Seizing the Moment: Embrace the mindset of "It is later than you think" to motivate yourself to take risks and pursue new opportunities.Overcoming Fear: If you fear retirement, you're not alone.  Seeking help to navigate the emotional changes and find your next steps is essential.This episode is packed with valuable insights and practical advice.  Whether you're approaching retirement or supporting someone who is, you'll find this discussion both relevant and enlightening.  Listen in, reflect, and share with others who might benefit from Elizabeth's personal experiences and wisdom.

Future Christian
Alison Milbank on Why Small and Local Might be the Church's Way Forward

Future Christian

Play Episode Listen Later Jul 16, 2024 69:39 Transcription Available


In this conversation, Professor Alison Milbank discusses the concept of the parish and its importance in the life of faith. She shares her experiences growing up in the Church of England and the changes she has witnessed due to secularization. Milbank emphasizes the significance of the parish as a local community that brings together people of different ages and cultures. She also explores the threats to the parish, including the influence of secularization and the rise of bureaucratic managerialism in the Church. Milbank argues for a return to the core activities of the church and a focus on mission and evangelism. They also discuss the significance of parish buildings as spaces for community engagement and the potential for the parish to address issues such as mental health, social justice, and environmental sustainability. Despite the challenges, she expresses hope for the future of Christianity and the resurgence of faithfulness. Alison Milbank is Professor of Theology and Literature at the University of Nottingham, where she works in the field of religion and the arts. She has had a particular interest in horror fiction from Daughters of the House: Modes of the Gothic in Victorian Fiction in 1992 to God and the Gothic: Religion, Romance and Reality in the English Literary Tradition (2018). She has also published on Dante reception (Dante and the Victorians, 1998) and on fantasy and religion (Chesterton and Tolkien as Theologians: The Fantasy of the Real, 2007). She is also an Anglican priest, currently Canon Theologian and Priest Vicar at Southwell Minster, a cathedral and parish church in a small town near Sherwood Forest. In 2010, with Andrew Davison she wrote For the Parish: A Critique of Fresh Expressions and in 2023, The Once and Future Parish, with six lectures on the book available on you tube at https://www.youtube.com/@sshoxford5856/videos Associated with the Radical Orthodoxy movement, she co-edited Preaching Radical and Orthodox, with John Hughes and Arabella Milbank Robinson. Presenting Sponsor: Phillips Seminary Join conversations that expose you to new ideas, deepen your commitment and give insights to how we can minister in a changing world.    Supporting Sponsors: Torn Curtain Arts is a non-profit ministry that works with worship leaders, creatives, and churches to help avoid burnout, love their work, and realize their full creative potential.   Theology Beer Camp https://homebrewedchristianity.lpages.co/theology-beer-camp-24/   Future Christian Team: Loren Richmond Jr. – Host & Executive Producer Martha Tatarnic – Guest Host / Co-Host Paul Romig–Leavitt – Associate Producer Danny Burton - Producer Dennis Sanders – Producer

Law, Policy & Markets
The Best of LPM: International Climate Change Litigation: “Full Court Press”

Law, Policy & Markets

Play Episode Listen Later Jun 27, 2024 35:35


Originally broadcast: Friday, July 21, 2023ESG #15: Treaties and international tribunals interpreting and applying those treaties can impact how governments behave and how companies invest, bringing about concrete effects in the real world. Today, international courts are being summoned to answer questions about responsibility and liability for climate change impacts under international law. In December 2022, the Commission of Small Island States on Climate Change and International Law asked the International Tribunal for the Law of the Sea for an advisory opinion. In March 2023, the UN General Assembly asked the ICJ for an advisory opinion on state responsibilities to mitigate climate change. The decisions of these panels could have far-reaching effects, influencing climate change litigation in regional tribunals and national courts. They will shape and maybe accelerate global initiatives to reduce greenhouse gas emissions, to adapt to climate change, and to compensate for losses and damages. In this newest episode, Milbank partner Viren Mascarenhas speaks with host Allan Marks about what's at stake in international climate change litigation. They discuss the potential impact of international climate change litigation decisions on economic policies and environmental laws, and explore the complex interrelationships among international courts, multilateral treaties and bilateral investment treaties. About the Speakers Viren Mascarenhas is a partner in Milbank's NY office and a member of the firm's Litigation & Arbitration Group. He specializes in international arbitration, public international law, and business and human rights. He has nearly two decades of experience acting as counsel in domestic and international arbitration proceedings under the major institutional arbitral rules as well as ad hoc arbitral rules in a broad range of industries, including chemicals, energy (LNG, oil, nuclear, electricity, power, renewables), and mining and metals. He teaches international arbitration at Columbia Law School, is a Fellow of the Chartered Institute of Arbitrators, sits as arbitrator, and has been recognized for his accomplishments in the field by the major directories, including Chambers and Legal 500. Podcast host Allan Marks is one of the world's leading project finance lawyers. He advises developers, investors, lenders, and underwriters around the world in the development and financing of complex energy and infrastructure projects, as well as related acquisitions, restructurings and capital markets transactions. Many of his transactions relate to ESG and sustainability, innovative clean technologies, and sophisticated contractual risk allocation.For more information and insights, follow us on social media and podcast platforms, including Apple, Spotify, Amazon Music, iHeart, Google and Audible.Disclaimer

Leaving Egypt Podcast
EP#22 - The Local Parish and its Calling With Alison Milbank

Leaving Egypt Podcast

Play Episode Listen Later Jun 13, 2024 75:24


Al Roxburgh and Jenny Sinclair talk with Alison Milbank about the unravelling of society and its institutions, and the profound changes in the church. She laments that in her own tradition, in the Church of England, there has been a loss of confidence about its inheritance, both liturgical and parochial. She describes how mission has been separated from liturgy and how top down strategies are undermining the local parish. Instead, she affirms a local autonomy for the parish built on strong liturgical foundations around which many different ministries can thrive. The Save the Parish movement that Alison co-founded affirms a theology of place, where ministry involves building local relationships with neighbours whether or not they come to church: a dwelling, from which emerges a living ecology of love and care. The Revd Canon Professor Alison Milbank is Professor of Theology and Literature at the University of Nottingham, and co-founder of the Save the Parish movement in the UK. She is also Canon Theologian and Priest Vicar at Southwell Minster, where she leads on adult education but also engages in all aspects of ministry in a parish church cathedral. In her academic role, she teaches on the relation of religion and culture both historically and in the contemporary world. - Links -For Alan J Roxburgh:http://alanroxburgh.com/abouthttps://www.themissionalnetwork.com/author/alan-roxburgh/https://journalofmissionalpractice.com/alan-roxburghTwitter: https://twitter.com/alanjroxburgh?lang=enFacebook: https://www.facebook.com/alan.roxburgh.127/Facebook: https://www.facebook.com/thecommonsnetwork Joining God in the Great Unraveling https://www.amazon.ca/Joining-God-Great-Unraveling-Learned/dp/1725288508/ref=sr_1_Leadership, God's Agency and Disruptions https://www.amazon.ca/Leadership-Gods-Agency-Disruptions-Confronting/dp/1725271745/refJoining God, Remaking Church, Changing the World: The New Shape of the Church in Our Time https://www.amazon.ca/Joining-Remaking-Church-Changing-World/dp/0819232114/ref=sr_1_3?crid=2NHGW8KB7L0SQ&keywords=Alan+J+Roxburgh&qid=1687098960&s=books&sprefix=alan+j+roxburgh%2Cstripbooks%2C130&sr=1-3For Jenny Sinclair:Website: https://togetherforthecommongood.co.uk/from-jenny-sinclairLinkedIn: https://www.linkedin.com/in/jenny-sinclair-0589783b/Twitter: https://twitter.com/T4CGFacebook: https://www.facebook.com/TogetherForTheCommonGoodUKInstagram: https://www.instagram.com/t4cg_insta/For Alison Milbank:https://www.nottingham.ac.uk/humanities/departments/theology-and-religious-studies/people/alison.milbankhttps://www.churchtimes.co.uk/articles/2009/6-november/features/interviews/interview-alison-milbank-theologianhttps://www.savetheparish.com/The Once and Future Parish For the Parish: A critique of Fresh Expressions God's Church in the World: The Gift of Catholic Mission https://www.youtube.com/results?search_query=alison+milbank+launch+save+the+parishhttps://togetherforthecommongood.co.uk/leading-thinkers/home-for-goodhttps://togetherforthecommongood.co.uk/news/lincoln-lecture-series Get full access to Leaving Egypt at leavingegyptpodcast.substack.com/subscribe

Stuff You Missed in History Class
Iodized Salt

Stuff You Missed in History Class

Play Episode Listen Later Jun 5, 2024 37:05 Transcription Available


People started adding iodine to salt because in some parts of the world serious, chronic iodine deficiency was incredibly widespread, which was causing a range of health issues. But how was that solution arrived at? Research: "Iodine." World of Chemistry, Gale, 2000. Gale In Context: Science, link.gale.com/apps/doc/CV2432500388/GPS?u=mlin_n_melpub&sid=bookmark-GPS&xid=42a73bea. Accessed 17 May 2024. "Iodine." World of Scientific Discovery, Gale, part of Cengage Group, 2007. Gale In Context: Science, link.gale.com/apps/doc/CV1648500324/GPS?u=mlin_n_melpub&sid=bookmark-GPS&xid=fabf4422. Accessed 17 May 2024. Bishai, David and Ritu Nalubola. “The History of Food Fortification in the United States: Its Relevance for Current Fortification Efforts in Developing Countries.” Economic Development and Cultural Change , Vol. 51, No. 1 (October 2002). https://www.jstor.org/stable/10.1086/345361 Cameron, A.T. “Iodine Prophylaxis and Endemic Goitre.” Canadian Public Health Journal, Vol. 21, No. 11 (NOVEMBER, 1930). Via JSTOR. https://www.jstor.org/stable/41976052 Cameron, A.T. “Iodine Prophylaxis and Endemic Goitre.” Canadian Public Health Journal, Vol. 21, No. 10 (OCTOBER, 1930). Via JSTOR. https://www.jstor.org/stable/41976030 Cavanaugh, Ray. “How the arrival of iodized salt 100 years ago changed America.” Washington Post. 5/1/2024. https://www.washingtonpost.com/history/2024/05/01/iodized-salt-100-years-deficiency/ Feyrer, James et al. “The Cognitive Effects of Micronutrient Deficiency.” Journal of the European Economic Association, April 2017. Via JSTOR. https://www.jstor.org/stable/10.2307/90023421 Goodman, Johnah. “A National Evil: Jonah Goodman on the curse of the goitre in Switzerland.” London Review of Books. 11/30/2003. https://www.lrb.co.uk/the-paper/v45/n23/jonah-goodman/a-national-evil Kimball, O.P. “History of the Prevention of Endemic Goitre.” Bulletin of the World Health Organization. 1953. Kohn, Lawrence. “Goiter, Iodine and George W. Goler: The Rochester Experiment.” Bulletin of the History of Medicine, Vol. 49, No. 3 (FALL, 1975). Via JSTOR. https://www.jstor.org/stable/44450239 Leung, Angela M et al. “History of U.S. iodine fortification and supplementation.” Nutrients vol. 4,11 1740-6. 13 Nov. 2012, doi:10.3390/nu4111740 Markel, H. “'When it rains it pours': endemic goiter, iodized salt, and David Murray Cowie, MD.” American journal of public health vol. 77,2 (1987): 219-29. doi:10.2105/ajph.77.2.219 Markel, Howard. “A grain of salt.” The Milbank quarterly vol. 92,3 (2014): 407-12. doi:10.1111/1468-0009.12064 McIntire, Tracey. “Gunpowder and Seaweed: The Story of Iodine.” National Museum of Civil War Medicine. 10/19/2022. https://www.civilwarmed.org/story-of-iodine/ Newton, David E. "Iodine." Chemical Elements, edited by Kathleen J. Edgar, 2nd ed., UXL, 2010. Gale In Context: Science, link.gale.com/apps/doc/CV2640200041/GPS?u=mlin_n_melpub&sid=bookmark-GPS&xid=a54dec8e. Accessed 17 May 2024. Niazi, Asfandyar Khan et al. “Thyroidology over the ages.” Indian journal of endocrinology and metabolism vol. 15,Suppl 2 (2011): S121-6. doi:10.4103/2230-8210.83347 Olsen, Robert. “Endemic Goiter in Switzerland: A Review of Recent Contributions to Its Etiology, Incidence, and Prevention.” Public Health Reports (1896-1970) , Jun. 9, 1933. Via JSTOR. https://www.jstor.org/stable/4580807 Pearce, Elizabeth N. “Is Iodine Deficiency Reemerging in the United States?” AACE Clinical Case Reports. Volume 1, Issue 1, Winter 2015. https://www.sciencedirect.com/science/article/pii/S2376060520303680 Stanbury, John, and John T. Dunn. "Iodine." Encyclopedia of Food and Culture, edited by Solomon H. Katz, vol. 2, Charles Scribner's Sons, 2003, pp. 281-283. Gale In Context: U.S. History, link.gale.com/apps/doc/CX3403400349/GPS?u=mlin_n_melpub&sid=bookmark-GPS&xid=12f688cc. Accessed 17 May 2024. Zimmermann, Michael B. and Maria Andersson, GLOBAL ENDOCRINOLOGY: Global perspectives in endocrinology: coverage of iodized salt programs and iodine status in 2020, European Journal of Endocrinology, Volume 185, Issue 1, Jul 2021, Pages R13–R21, https://doi.org/10.1530/EJE-21-0171 Zoltan, Melanie Barton. "Salt." Food: In Context, edited by Brenda Wilmoth Lerner and K. Lee Lerner, vol. 2, Gale, 2011, pp. 699-702. In Context Series. Gale In Context: Global Issues, link.gale.com/apps/doc/CX1918600212/GPS?u=mlin_n_melpub&sid=bookmark-GPS&xid=21e3cd86. Accessed 17 May 2024. See omnystudio.com/listener for privacy information.

Reorg Ruminations
RAINY Leaders Talk AAPI Community Building with Harvard Zhang

Reorg Ruminations

Play Episode Listen Later May 6, 2024 62:51


To celebrate Asian American & Pacific Islander Heritage Month, Reorg's Harvard Zhang leads a panel discussion with Larry Wee a partner at Milbank, Jingzhi Dai ‘JD', a managing director at Jefferies, Alex Xiao, an associate at Gibson Dunn and David Samikkannu, a director at AlixPartners speak, where they discuss why they set up a networking group called Restructuring Asians in New York, or RAINY, how they got to where they are professionally, and what can be done to advance the careers of minorities. Those that identify as AAPI in the leveraged finance, distressed debt and restructuring industries and are interested in joining RAINY can find the private group HERE on LinkedIn. And, as always, we bring you our weekly summary of interesting developments in the restructuring world as well as a preview of what's on tap for next week. We're looking for feedback to improve the podcast experience! Please share your thoughts here: www.research.net/r/Reorg_podcast_survey For more information on our latest events and webinars: reorg.com/resources/events-and-webinars/ Sign up to our weekly newsletter Reorg on the Record: reorg.com/resources/reorg-on-the-record/

SD SportScene
The SD SportScene Podcast Episode 36 (April 29)

SD SportScene

Play Episode Listen Later Apr 30, 2024 21:12


The SD SportScene Podcast Episode 35 (April 29): This week's show looks back at a very busy week in Aberdeen. It includes an interview with Roncalli golf coach Jon Murdy, and has clips from Trevor Heinz of Ipswich, Ashlynn Batchelor of Milbank, and Olivia Braun and Rachel Siefken of Aberdeen Central.

SD SportScene
The SD SportScene Podcast Episode 33 (April 15)

SD SportScene

Play Episode Listen Later Apr 16, 2024 17:13


The SD SportScene Podcast Episode 33 (April 15): This week's show reviews the past week and highlights the upcoming schedule  of events. It includes an interview with Aberdeen Wings coach Scott Langer, and clips from track and field athletes Kaleb Foltz of Tri-State, Kella Tracy of Groton, and Emmett Hanson of Milbank.

Law, Policy & Markets
FERC-alicious: US Energy Market Trends & Regulatory Update

Law, Policy & Markets

Play Episode Play 34 sec Highlight Listen Later Apr 6, 2024 38:22


The United States  Federal Energy  Regulatory Commission (FERC) regulates US  energy markets. FERC's latest annual report on key market trends noted falling average prices for natural gas and electricity despite increased demand for both. New renewable energy and storage facilities are coming online at a brisk pace, making the grid cleaner and more efficient. FERC is about to get three new commissioners, who will face challenges of interregional transmission constraints and grid-integration of emerging technologies.In this new episode, “FERC-alicious: US Energy Market Trends & Regulatory Update,” host Allan Marks speaks with Milbank partner Jenna McGrath. They examine how recent FERC actions are impacting markets. They discuss trends in state and federal energy regulation, the expansion of energy storage to bolster grid stability and reliability, and strategies for alleviating transmission and interconnection bottlenecks for new renewable energy projects. They also assess the three new nominees for FERC Commissioner – Judy W. Chang, David Rosner and Lindsay See – and upcoming FERC actions and rulemaking.About the SpeakersJenna McGrath is a partner in the Washington, DC office of Milbank and a member of the firm's Global Project, Energy and Infrastructure Finance Group. She advises developers, lenders, private equity, utilities and large industrial electricity customers (e.g., data centers and mining operations) on laws and regulations governing development of electric generation and transmission projects, and revenues for wholesale and retail electricity and transmission services.Podcast host Allan Marks is one of the world's leading project finance lawyers. He advises developers, investors, lenders, and underwriters around the world in the development and financing of complex energy and infrastructure projects, as well as related acquisitions, restructurings and capital markets transactions. Many of his transactions relate to ESG and sustainability, innovative clean technologies, and sophisticated contractual risk allocation. Allan serves as an Adjunct Lecturer at the University of California, Berkeley at the Law School and previously at the Haas School of Business.For more information and insights, follow us on social media and podcast platforms, including Apple, Spotify, Amazon Music, iHeart, Google and Audible.Disclaimer

Law, Policy & Markets
The Best of LPM: Muslim Cemetery Battles for Justice in Virginia – “So Lose Not Heart Nor Despair”

Law, Policy & Markets

Play Episode Listen Later Mar 28, 2024 39:22


Originally broadcast: Tuesday, December 14, 2021.   A charity encounters surprising roadblocks to building a new cemetery for low-cost Muslim burials in Stafford County, Virginia. In this episode, host Allan Marks follows the cemetery's path to justice with the lawyers who handled the civil rights case, Tawfiq Rangwala and Melanie Westover Yanez, and their pro bono client, the All Muslim Association of America, at the intersection of religious freedom, land use, and local politics in America today. For additional information, click here. About the SpeakersTawfiq Rangwala is a partner in Milbank's New York office and a member of the firm's Litigation & Arbitration Group. His practice focuses on the defense of US and international regulatory and criminal enforcement matters, as well as internal investigations across multiple jurisdictions and industries. He also has extensive experience handling federal and state court litigation of complex commercial cases involving securities and corporate law, contract disputes and financial restructuring.Melanie Westover Yanez is special counsel in the Washington, DC office and a member of the firm's Litigation & Arbitration Group. She represents clients in federal and state courts in complex commercial litigation and financial restructuring litigation and has experience defending clients in individual and class action cases involving antitrust, securities, and commodities issues.Podcast host Allan Marks is one of the world's leading project finance lawyers. He advises developers, investors, lenders, and underwriters around the world in the development and financing of complex infrastructure projects, as well as related acquisitions, restructurings and capital markets transactions. Mr. Marks also serves as an Adjunct Lecturer at the University of California, Berkeley at both the Law School and the Haas School of Business.For more information and insights, follow us on social media and podcast platforms, including Apple, Spotify, Amazon Music, iHeart, Google and Audible.Disclaimer

Happened In The 90's
Ep. 160: March 14th in the 90s | Happened In The 90s

Happened In The 90's

Play Episode Listen Later Mar 14, 2024 77:44


Happened In the 90's hosted by Steve and Matt picks a day, any day, and then goes back in time to that magical decade we all know and love the 90's, to revisit episodes of tv, movies that premiered, or cultural events that occurred on that day in the 90's. This week Steve asks: Is Lorenz Tate the black Leonardo Decaprio? After that it's time to beg your parents to rent an R rated movie cause it's time for all things March 14th in the 90s. SEGMENT 1 Show: Home Improvement Episode: Talk to Me (Season: 4 | Episode: 20) Premiere Date: 03/14/1995 Story: Tim accidentally throws dinner into the trash compactor and then drops Jill's ring down the furnace. Tim speaks to two guys on how to talk to women on Tool Time, and he calls Jill an old hen. SEGMENT 2 Show: That ‘70s Show Episode: A New Hope (Season: 1 | Episode: 20) Premiere Date: 03/14/1999 Story: Eric, Hyde, Fez and Kelso go see Star Wars and become obsessed with it. Red's boss Milbank returns to town. Eric fights his son David, whose butt he once kicked in elementary school, for moving in on Donna. Thanks for listening! Watch all new episode every Thursday here on Youtube: https://www.youtube.com/channel/UCk5uXQXE9WGIWcpSkNkXaOg Audio available on all major platforms. Email Us At: hitnineties@gmail.com Instagram: HappenedInThe90s Twitter: HIThe90s Facebook: @HappenedInThe90s Website: https://happenedinthe90s.com MERCH LINK: https://www.redbubble.com/people/HIT90s/shop?asc=u&ref=account-nav-dropdown

Off-Farm Income
OFI 2013: Developing A Love For Things That Grow | FFA SAE Edition | Ashlynn Lamp | Milbank High School FFA

Off-Farm Income

Play Episode Listen Later Mar 11, 2024 19:25


Ashlynn Lamp is her FFA Chapter's Reporter, she raises chickens and goats at her home and she is passionate about horticulture.  So much so, that her FFA Advisor knew she would be a great guest on the show. In today's episode featuring Ashlynn we will talk about her journey into food production, and therefore into the FFA.  We will also talk sports, horticulture, becoming an FFA officer and where she plans to take this great experience in the future.  

Legally Speaking Podcast - Powered by Kissoon Carr
Law and Social Entrepreneurship: Bridging Finance & Future - Venandah Madanhi - S8E1

Legally Speaking Podcast - Powered by Kissoon Carr

Play Episode Listen Later Mar 11, 2024 43:07


This episode of The Legally Speaking Podcast shines a spotlight on Venandah Madanhi, a lawyer and social entrepreneur at the forefront of legal innovation and youth empowerment. As an Associate in Milbank LLP's London office and a key figure in the European Leveraged Finance/Capital Markets Group, Venandah offers an insightful glimpse into the complex world of leveraged finance and capital markets, demystifying its role and impact.Beyond her legal practice, Venandah is the driving force behind Talk About, an organisation dedicated to bridging the gap between young people and professionals through impactful engagement, focusing on soft skills, personal development, and mental wellbeing. Her work has not only earned her a spot as the youngest individual on Birmingham's inaugural Top 30 Under 30 list but also a position among the UK's top outstanding black students and graduates.

M&A Science
How Business Cycles Affect M&A Valuation

M&A Science

Play Episode Listen Later Mar 4, 2024 54:21


Allan Marks, Global Project, Energy & Infrastructure Partner at Milbank M&A valuation isn't just about looking at the numbers. There are a lot of different factors that affect and contribute to the volatility of the M&A market.  In this episode of the M&A Science Podcast, Allan Marks, Global Project, Energy & Infrastructure Partner at Milbank, discusses how business cycles affect M&A valuation. Things you will learn: • What is a business cycle • What is a credit cycle • How business cycle impact M&A valuation • Common Mistake during M&A valuation • Importance of culture in M&A Episode Timestamps 00:00 Intro 11:00 What is a business cycle 12:41 What is a credit cycle 16:59 Cycle's impact on energy sector 19:09 How business cycle impact M&A valuation 22:36 Industries most affected by the cycles 26:43 M&A valuation for first-timers 31:47 Importance of culture in M&A 34:23 When to pull of a deal 37:37 Example of failed deals 41:59 Example of good deals 45:43 Common Mistake during M&A valuation 46:43 M&A function maturity 48:02 Other early M&A considerations 49:15 Craziest thing in M&A

Law, Policy & Markets
What's at Stake for Mergers, Antitrust and CFIUS in the US 2024 Presidential Election

Law, Policy & Markets

Play Episode Play 25 sec Highlight Listen Later Feb 28, 2024 56:08


What impact will the 2024 presidential election have on antitrust policy, federal merger approvals, and foreign investment in the United States? Uncertainty about future federal policy makes investment decisions this year especially challenging. In this episode, host Allan Marks speaks with Milbank partners  Adam Di Vincenzo  and  John Beahn  about antitrust and CFIUS policy under the administrations of President Biden and former President Trump, discovering both sharp differences and some surprising similarities. They discuss how to anticipate regulators' concerns and federal enforcement patterns in merger approvals amid political uncertainty in an election year. They analyze divergent trends in antitrust enforcement, highlighting tensions between economic goals that keep domestic markets competitive and national security goals that favor globally dominant US corporations with wide moats. And they explore how CFIUS, the FTC and DOJ are focusing on supply chains, domestic manufacturing, next-generation technology and AI, and the broader question of what it means to be competitive. About the SpeakersJohn Beahn is a partner in the Washington, DC office of Milbank LLP with a particular focus on matters related to the Committee on Foreign Investment in the United States (“CFIUS”) and foreign direct investment (“FDI”). He has extensive experience representing clients in national security reviews before CFIUS, the “Team Telecom” executive branch agencies and the Defense Counterintelligence and Security Agency. Adam Di Vincenzo is a partner in the Washington, DC office of Milbank and a member of the Litigation & Arbitration Group. He has served as lead antitrust counsel for Fortune 500 public companies, and private equity sponsors and their portfolio companies, in dozens of antitrust matters before enforcement authorities in the United States (including the DOJ and FTC) and internationally.Podcast host Allan Marks is one of the world's leading project finance lawyers. He advises developers, investors, lenders, and underwriters around the world in the development and financing of complex energy and infrastructure projects, as well as related acquisitions, restructurings and capital markets transactions. Many of his transactions relate to ESG and sustainability, innovative clean technologies, and sophisticated contractual risk allocation. Allan serves as an Adjunct Lecturer at the University of California, Berkeley at the Law School and previously at the Haas School of Business.For more information and insights, follow us on social media and podcast platforms, including Apple, Spotify, Amazon Music, iHeart, Google and Audible.Disclaimer

The Murder In My Family
The Hanson Family Murders

The Murder In My Family

Play Episode Listen Later Feb 10, 2024 51:54


Episode 148 The Hanson Family Murders In December, 2021, a shocking triple murder happened in Milbank, SD. 29 year old Jessica Hanson, her unborn daughter Annika, who she was 9 months pregnant with, and her 59 year old husband Clyde were murdered in their residence in separate attacks in an act of domestic violence at the hands of Clyde's brother, Brent Hanson. The attacks were brutal; while Jessica was at work, Clyde was beaten to death with a baseball bat in his bed while the Hanson's young son Ty slept nearby. When Jessica returned home from work, she was attacked with a machete, and both she and her baby Annika were killed. Brent Hanson admitted to police that he had committed the murders saying that he 'lost it'.  It came to light that proceeding the murders, Brent  who was living with Jessica and Clyde, had violently attacked Jessica, and when her husband Clyde came to her defense, he too was attacked. Despite the attack on his brother and sister in law, Brent Hanson remained a free man. Following the domestic violence, Jessica and Clyde understndably did not feel safe living with Brent, but he and Clyde co-owned their home, so they decided to essentially sub-divide the residence, and live in one section while Brent lived in another. Sadly, the new living arrangements did not keep them safe from Brent. Following the tragedy, Jessica's sister Jasmine King tried to adopt her nephew Ty who had survived the ordeal, but South Dakota CPS stepped in and adopted Ty out to another family. To make matters worse, although Jessica's family was pushing for the death penalty, prosecutors without consulting them, agreed to a plea deal with Brent Hanson, and instead of the death penalty, he was sentenced to life in prison.  This story is tragic all the way around, and has devastated Jessica's family. Despite Jessica's son Ty surviving the violence, they feel he was stolen away from them. In this episode, Jessica's sister Jasmine King discusses the tragic details of this case, and the aftermath which has left her heartbroken.  If you or someone you know needs help escaping a domestic violence situation, you can seek help by calling the National domestic violence hotline at 800-799-7233 To support and listen AD-FREE to every single epsiode of not only The Murder in My Family, but also to every other show on the AbJack network of podcasts, consider an AbJack Insider subscription through Apple Podcasts. You can start with a free trial, and then for just $4.99 a month or $49.99 a year, you'll get not only AD-FREE listening to hundreds of episodes, but also early-previews, and access to bonus content.To contact the podcast or learn more about the case we discuss, please visit The Murder In My Family Home Page Follow us on social media on Facebook or on X (formerly Twitter)

SD SportScene
The SD SportScene Podcast Episode 23 (Feb. 5)

SD SportScene

Play Episode Listen Later Feb 6, 2024 28:06


The SD SportScene Podcast Episode 23 (Feb. 5): A jam packed show, reviewing the past week, discussing latest proposals and looking ahead. The podcast features clips from Groton basketball player Jerica Locke, Central wrestler Grayden Timm, Northwestern basketball player Adriana Ratigan, Milbank basketball player Garrett Mertens, and Cougars hockey player Morgan Jones.

One-On-One: Communications in the Digital Age
IS THE GRAND OLD PARTY DEAD? WHAT WE ARE LEARNING FROM REPUBLICAN VOTERS

One-On-One: Communications in the Digital Age

Play Episode Listen Later Jan 23, 2024 20:04


I have an update on the latest political news, and as promised, I will share some of the article by Dana Milbank for The Washington Post, "The last remnants of the Republican Party died in Iowa." https://www.washingtonpost.com/opinions/2024/01/15/2024-iowa-caucuses-gop-candidates-trump/ In one section, Milbank describes some of Trump's only speech in Iowa. It begins with a Campaign Video that proclaims that Trump is "God's" Candidate and that he was created to fix our country. Here is an excerpt from the article.  “We've got a crooked country,” run by “stupid people,” “corrupt,” “incompetent,” “the worst.” Trump, in the gospel according to Trump, was the victim of “hoaxes,” “witch hunts,” “lies,” “fake indictments,” “fake trials,” judges who “are animals,” a “rigged election,” “rigged indictments,” and a “rigged Department of Justice where we have radical left, bad people, lunatics. The nation's capital, Washington, D.C., “is a rat-infested, graffiti-infested shithole,” he said, with swastikas all over the national monuments. His opponents, the prophet Trump continued, are “Marxists,” “communists,” “fascists,” “liars, cheaters, thugs, perverts, frauds, crooks, freaks, creeps,” “warmongers” and “globalists.” Immigrants are like a “vicious snake,” whose “bite is poisonous,” he told them, and there is an “invasion” at the border by “terrorists,” “jailbirds,” and “drug lords.” “Our country is dying,” he informed them. And, by the way, “You're very close to World War III.” Have a nice day!"  End quote Since Milbank wrote the article, DeSantis has dropped out, and even though Nikki Haley may be a bump up from this, more and more Republicans are publicly supporting the MAGA Candidate, Donald Trump.  Please subscribe. And follow me on TikTok and YouTube. I post political news every day.   

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


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
Trump Complained About Us In His Mistrial Motion And All We Got Was This Lousy T-Shirt

Above the Law - Thinking Like a Lawyer

Play Episode Listen Later Nov 22, 2023 30:18


Donald Trump sought a mistrial in his New York trial based, in part, on our articles being "humorous, irreverent." The GOP frontrunner did not succeed. Ron DeSantis messed with the rights of professors and now has to pick up the tab for their Biglaw lawyers. Or, more accurately, Florida taxpayers will pick up the tab. But that's just the price Floridians have to pay to help their governor finish third in the primaries! We're still waiting to see if more firms join the Milbank pay scale, but in the meantime a host of anonymous naysayers are mouthing off to the press in a pathetic effort to dissuade the market from following suit.

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.