Wednesday, November 23, 2016

T. Boone Pickens




Sheesh. How long will it take us to develop a mutual fund on Americans Hating Other Americans?  Seems to be a booming endeavor and an investment opportunity.



Thankful. After long meetings with Kim Kardashian and Mariah Carey's security experts we have determined that my jewelry is not really at risk. I'm truly blessed.


=========================================================




======================================================


Rick Perry returns to "Dancing with the Stars"
Perry, who was eliminated from the ABC show in September, came back to join rapper Vanilla Ice for his hit song "Ice Ice Baby" — first as a DJ, then as a fellow dancer.



=========================================================

Texas judge blocks overtime rule challenged by Paxton, others
A federal judge in Sherman has blocked a White House effort to make millions more workers eligible for overtime pay, handing a victory to Texas and 20 other states that had challenged the new Labor Department rule.


========================================================


Trump Is Legally Correct: Ethics Rules Do Not Apply To Him

by jonathanturley
495px-Donald_Trump_by_Gage_SkidmoreDonald Trump is under fire for saying this week that he is not legally bound to avoid conflicts of interest because such ethical standards do not apply to him. Various commentators objected but Trump insisted “The law’s totally on my side, the president can’t have a conflict of interest.”Trump is legally correct. There is a public disclosure rule that applies but not a binding conflict of interest law. The federal law exempts not just the President but also the Vice President.


==============================================================

By RANDALL SMITH

A judge ruled that certain funds held abroad - estimated at about $2 billion - could not be made available to victims of the Madoff Ponzi scheme.

=======================================================

Nov. 23, 2016

Texas wants to reform foster care on its own

by Alex Samuels


======================================================


ERSONAL LIVES

Told to go back to his own country, BigLaw partner says lawyers need to stand up and be heard


Share176
The second-to-last time WilmerHale intellectual property litigator William Lee heard such a biased comment reflecting hostility to immigrants was 40 years ago.
The last time was this August, and Lee believes the incident in which he was told to return to his country reflects an anti-immigrant political environment, the Am Law Daily (sub. req.) reports.
Lee, whose parents are Chinese immigrants, is the former co-managing partner of Wilmer Cutler Pickering Hale and Dorr. “If this can happen to the managing partner of an Am Law 200 firm,” Lee told the Am Law Daily, “what’s happening to the rest of the country?”
Lee tells the Am Law Daily the incident occurred when he was filling up his Mercedes-Benz SUV at a gas station near his home outside Boston in Wellesley, Massachusetts. A man wearing a “Wellesley Hockey Parent” shirt walked up to Lee and asked him, “Where does a guy like you get a car like that?”
Trying to defuse the situation, Lee named a local car dealer. “Why don’t you go back to your own country?” the man told Lee.
Lee replied that he didn’t understand the man, and the man replied, “You mean, you don’t understand English.”
“I don’t understand ignorance,” Lee replied.
Lee got in his car and drove away. The man followed in his own car until Lee pulled into a police station.
Lee tells the Am Law Daily that the incident reflects views held by some in the country, whether they are expressed or not. “It’s something we have to address as a country and as lawyers,” Lee said. “Who knows what’s going to happen? Maybe it will be better than we hope. If not, it’s important for lawyers to be heard and stand up.”

===================================================

joei




======================================================================

By DAVID LAT on TUESDAY, NOVEMBER 22, 2016 6:58 PM
Antonin Scalia finger raised LF
Justice Scalia was a great protector of First Amendment freedoms.

============================================================




  • Lawyers representing pro wrestlers escape sanctions; two suits are tossed

    Nov 23, 2016, 8:00 am CST





  • Judge tosses suit claiming wrongful death defendant was defamed on law firm website

    Nov 23, 2016, 7:00 am CST




  • ==============================================================
    joei



    =========================================================


    Photos: Denmark town hopes today's solar energy will pay off tomorrow
    A small town in southern Denmark has found a highly efficient way to heat its homes: by capturing and storing energy from the sun. This is part of a series about global and local efforts to conserve energy and limit pollution through energy efficiency.



    ==============================================================

    Even extreme vetting will present problems



    =============================================================

    Who's to blame for poisoning of Flint's water?

    Nov 1, 2016, 4:30 am CDT

    ===========================================================================

    Texas jury awards Boone Pickens $146 million in West Texas oil lawsuit

    By Natalie Posgate of The Texas Lawbook
    PECOS  –Two Midland oil companies and Dallas-based J. Cleo Thompson intentionally failed to meet their end of an agreement with Dallas oil mogul T. Boone Pickens to acquire and drill more than 160 oil wells in Reeves and Pecos counties, a West Texas jury ruled Wednesday.
    After about three hours of deliberation over the course of two days, the Reeves County jury of five women and seven men awarded Pickens’ Mesa Petroleum Partners up to $146 million in damages against the three defendants combined.
    Lawyers and officials with the defendants told Wednesday that the verdict is not supported by the evidence and they plan to appeal.
    The verdict follows a three-week trial in a decade-old business dispute in which Pickens claims J. Cleo Thompson, Baytech and Delaware Basin Resources improperly cut Mesa out of a lucrative deal in the Red Bull region of the Permian Basin.
    “We have maintained from the beginning that Mesa’s oil and gas interests were taken from it illegally,” said Chrysta Castañeda, who represented Pickens in the litigation. “The Red Bull is part of what is now one of the biggest resource plays in the world, and we are hopeful that the jury’s decision here will mean that the long history of fair dealings in the oil industry continues.”
    The jury hit Baytech and Delaware Basin with a $130 million judgment, plus legal fees,  and J. Cleo Thompson with damages of more than $12 million,  plus attorneys’ fees, according to lawyers for Pickens.
    Houston attorney Stuart Hollimon, who represents Baytech and DBR, said his clients disagreed with the verdict returned by the jury.
    “We are, of course, disappointed and will be reviewing the record of the case and consulting with our clients to determine what our course of action will be at this point,” said Hollimon, a partner at Andrews Kurth in Houston.
    In a written statement, J. Cleo Thompson chief financial officer Paul Rudnicki said the company is pleased that the jury rejected the initial $1 billion that Pickens demanded.
    The jury’s award against J. Cleo Thompson ” is a fraction of what Mr. Pickens and his lawyers originally sought,” Rudnicki said. “We believe the evidence does not support the verdict that J. Cleo Thompson breached the joint operating agreement.”
    Lawyers for Pickens argued that J. Cleo Thompson, another legendary name in the industry, conspired with Baytech and DBR to steal Mesa’s 15 percent interest in the Red Bull project.
    Defense attorneys told jurors that their clients did nothing wrong and that Pickens willingly opted out of the deal. Lawyers for J. Cleo Thompson and the two exploration and production companies argued that Pickens only brought the lawsuit to repair his own ego and shift the blame from himself for cashing out of a deal that in 2014 became very lucrative.
    “[Pickens] told you from the stand himself, ‘I’m dealing with crooks.’ So instead of taking responsibility for the decision… he’s calling these people crooks,” Tim McConn, a lawyer for Baytech and DBR, told jurors. “They’re not crooks. They’re good people.”
    Defense lawyers told jurors that Pickens called J. Cleo “Jimmie” Thompson, who died in 2010, and J. Cleo’s chief financial officer, Cliff Milford, to say he was “out” of the Red Bull project – a phone call Pickens denies he ever made.
    For a longer version of this article, please visit TexasLawbook.net. 

    No comments:

    Subscribe via email

    Enter your email address:

    Delivered by FeedBurner