• Cocktails

    Labor Day Weekend Notes From White-Collar Wire

    For your Labor Day weekend: First:  in our professional and business lives, let’s recall the significance of work.  “The only place success comes before work is in the dictionary.” ~ Vince Lombardi Second: if you associate bourbon-and-Coke with the arrival of Fall and the college-football season, here’s a Bourbon And Coke Cocktail From Garden & Gun Magazine that sounds like a winner. Third: if you are entertaining guests you don’t care for, or lawyers who have failed you or clients who haven’t paid you, here’s a list of  Labor Day Cocktails From The Examiner.  Except for the “Beer Margarita,” most sound revolting. Fourth: our weekend will not be complete without this Grilled…

  • Compliance,  SEC

    SEC Goes To Bat For Misled Compliance Officer

    From The Wall Street Journal Risk & Compliance blog (and Samuel Rubenfeld @srubenfeld):  Good news for corporate compliance officers whose officers or employees lie to them or mislead them:  SEC Stands Up For Compliance Officers  The Securities and Exchange Commission took the side of compliance officers — after a Colorado-based investment adviser was caught lying to one.   Earlier this week, the SEC said its own probe found that Carl Johns, an investment adviser in Louisville, Colo., concealed several hundred trades in his personal accounts after failing to report them by altering brokerage statements and other documents. He later created false documents that purported to be pre-trade approvals, and misled…

  • Brady/Giglio,  Ethics,  Trials, Judges and Jurors

    Fourth Circuit Rips United States Attorney’s Office For Brady Non-Disclosure

    As noted by the White Collar Law Prof blog, here — Fourth Circuit Rebukes United States Attorney’s Office — this criticism of a United States Attorney’s Office for repeated Brady-disclosure problems is unusual.  If nothing else, the Fourth Circuit is generally a law-and-order bench, which lends the criticism greater force.  Here are some highlights: A cursory review of this Court’s opinions reveals recent consideration of at least three cases involving discovery abuse by government counsel in this district.   Mistakes happen. Flawless trials are desirable but rarely attainable. Nevertheless, the frequency of the “flubs” committed by this office raises questions regarding whether the errors are fairly characterized as unintentional.  …

  • Insurance,  Ponzi

    White-Collar News from 500 Pearl Street: For Ponzi’d Investors, There’s A Future In Suicide

    Today’s collection of white-collar stories from Walt Pavlo, here — 500 Pearl Street In particular, note the story about the alleged Ponzi schemer who tried to placate investors by offering to name them as beneficiaries on a life-insurance policy; wait out the two-year suicide clause; then kill himself.  One wonders what kind of retainer he offered when he was hiring counsel.

  • Cocktails

    The Bellini and Hemingway

    From the New York Times, a Bellini Video Recipe.  The Bellini — the Times‘s drink for Wednesday — is not nearly as silly as it sounds.  The cocktail is best-known for being served at Harry’s Bar in Venice. At its tables, according to the website, Hemingway held forth: During the long, cold winter of 1949-50, Ernest Hemingway installed himself comfortably in the Concordia room. Hemingway practically dropped in on us that year, and divided his time between the Inn on Torcello, the Gritti, and Harry’s Bar, where he had a table of his own in a corner. He was the only client with whom once during an outing to Torcello I had…

  • Evidence,  Technology,  Wiretapping

    Fifth Circuit: “[A] district court cannot authorize interception of cell phone calls when neither the phone nor the listening post is present within the court’s territorial jurisdiction.”

    You use your cell phone for work?  In a potentially important Title III opinion, the Fifth Circuit limits the territorial reach of cellphone interception in United States v. Richard North.  In part: “[A] district court cannot authorize interception of cell phone calls when neither the phone nor the listening post is present within the court’s territorial jurisdiction.”