* We were excited to see the heavyweight tagteam battle of Cravath and Wachtell against the DOJ and IRS in the UBS tax evasion case, but both sides agreed on the morning of trial to stay it until August. The 52,000 Americans the IRS wants to investigate for using UBS tax shelters can sleep easier for a few more weeks, as their identities will be protected by the Swiss banking laws for that long.
Four more after the jump.
* Colorado governor Bill Ritter is in trouble for turning down an offer from his own AG’s office to do legal work on ARRA. Instead, he gave it to his old firm, Hogan & Hartson at rates up to $450/hr – compared to the $75/hr the AG said they could do it for. He’s in good company, AmLaw Daily reports that PA governor Ed Rendell has also gotten hassled for sending work to Ballard Spahr, his old firm, as did former NJ USA Chris Christie who gave work to his old boss, John Ashcroft.
* Steve Rattner has resigned from his post as head of the auto task force. What parting gift should Tom Lauria send him?
* We’ve provided a fair bit of advice on how not to get caught insider trading. Bitter Lawyer also has some useful advice on how not to get caught at a different activity: philandering.
* Citigroup is reshuffling its law-firm-practice advisory group. Dan DiPietro will remain the public face for the team. They’re facing increased competition from JP Morgan, which stole former head Lester Pataki earlier this year.
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Is anybody really surprised at Ritter's actions? Even you cite similar situations.