Will Our Big Sibling Get Sued?
Our big sibling, the Wall Street tabloid DealBreaker.com, obtained and posted a promotional brochure for Solengo Capital, the new hedge fund being launched by former traders at the ill-fated Amaranth Advisors. Amaranth, you may recall, accomplished the impressive feat of losing $6 billion in a single week, before breathing its last.
Apparently the Solengo Capital folks weren't thrilled about the free publicity. After DealBreaker didn't comply with its request to take down the brochure, Solengo had its lawyers at Kobra Kai Kobre & Kim send out a mean letter. And that's where things currently stand (no summons and complaint just yet).
Update: It looks like that lawsuit is on its way.
Anyway, if you have some free legal advice thoughts to offer on this matter, we welcome them in the comments.
P.S. As for why Solengo is so hot 'n bothered over all this, here's one theory.
Solengo Capital coverage (scroll down) [DealBreaker]
Ex-Amaranth traders ask blogs to remove materials [Reuters]










Comments
Thank you so much for including Kobre & Kim's address. *Off to submit another resume.*
Posted by: Loyola 2L | March 30, 2007 11:34 AM
Isn't it fairly obvious that Dealbreaker ought to hire Jenkens & Gilchrist. Have J&C fire off a strongly worded letter with a prominent link to their video.
I'd love to see the battle of J&C and Cobra Kai.
Posted by: Anonymous | March 30, 2007 11:58 AM
Top 10 only!
http://www.kobrekim.com/kobre_kim_recruiting.html
Posted by: To L2L | March 30, 2007 12:18 PM
Associate
"The candidate must be an honors graduate of a top ten law school with extensive writing experience, and must have two to six years of experience in a top-tier law firm. Law Review and/or federal clerkship experience is preferred."
Dude! Who the F are these people?! They might have a little more credibility if maybe, say, their lawyers actually had these credentials.
I don't care where the hell anybody went to law school, but don't go talking a big game if you ain't a playa, playa. Check out their bios and then ask yourselves whether you really must be an honors graduate from a top ten school.
Posted by: Anonymous | March 30, 2007 12:27 PM
*dejected*
Posted by: Loyola 2L | March 30, 2007 12:34 PM
Aspirational? While their analysts (what is that about?) all went to top 10 schools, it appears that 1/2 of their attorneys don't meet the criteria.
Posted by: 12:38 | March 30, 2007 12:38 PM
Aspirational? Also, since when are legal assitants analysts?
Posted by: 12:40 | March 30, 2007 12:39 PM
So there's hope for me yet?
Posted by: Loyola 2L | March 30, 2007 12:45 PM
Congrats to Syracuse on making the top 10!
Posted by: Anonymous | March 30, 2007 01:12 PM
That's weird -- kobre & kim only has 9 partners (eh, "attorneys") but two of them have almost identical names -- Justin Sher & Justin Shur.
That must be annoying for the operator!
Posted by: Justin Shir | March 30, 2007 01:16 PM
What is Loyola? Why have I never heard of it? Is it some kind of dog food?
Posted by: anon | March 30, 2007 01:26 PM
I know these guys at Kobre Kim. They were top notch prosecutors in the AUSA and Manhattan DAs offices. Since they went out on their own, they've gotten themselves big time clients. I believe most of those non-top 10 types were their underlings in a previous life that demonstrated substantial skill and acumen (something for L2L to work for). But all their newest hires, unless they know you, they want top shop credentials.
Posted by: Anonymous | March 30, 2007 02:08 PM
2:08 PM:
Thanks for the insight. Doesn't this underscore how utterly silly the legal community's obsession with legal rankings have become.
We have some, "non-top 10 types," top-notch attorneys who put out their own shingle. They, of all people, should know that one's association with a highly ranked U.S. school doesn't necessarily translate to success as an attorney.
And yet they go out and reinforce, despite their own success, these rankings by using them as an artificial barrier for otherwise qualified and successful attorneys. Unreal.
Any, BTW, I went to a top 15 school.
Posted by: Anonymous | March 30, 2007 02:23 PM
These guys are a joke. Not a top shop perhaps a mid range boutique. Syracuse and Emory WTF?
Posted by: Anonymous | March 30, 2007 02:43 PM
From Kobra Kai's website, header of the first paragraph of the "Solutions" section: "Kobre & Kim LLP is a firm of trial attorneys, not litigators".
How ridiculous - what pretense! These guys deserve a Gallion & Spielvogel award. Do you think they have plans to change their web address to kkbaristers.com?
Where is Gallion troll when you need him?
Posted by: Give-Up Agreement | March 30, 2007 03:00 PM
I am 2:23 PM and a shining example of why it doesn't matter where you went to school - just look at the friggin typos and grammatical errors!
Posted by: Anonymous | March 30, 2007 03:31 PM
"Top 15" should clue you into his gripe.
"boo hoo Texas/UCLA/Vanderbilt/Iowa gets no respect"
Posted by: Anonymous | March 30, 2007 04:01 PM
i think the K&K site's affectations are charming. it shows a principled, unapologetic commitment to prestige -- something a lot of institutions appear to be lacking, in an age of AA and of ppl who unselfconciously brag about going to a "top 15" (LOLZ).
although, admittedly, the stable of attorneys fails to match the pure 100% HYP prestige of the paralegal staff
Posted by: Anonymous | March 30, 2007 09:17 PM
Here's what I don't get:
1) if they only want experienced attorneys why do they care what law school they went to - wouldn't performance at the firm/government job matter more? (or is the concern that thats hard to objectively judge)
2) top 10? What does that mean? US News Ranking? At the time they went or now?
Posted by: Anonymous | March 30, 2007 10:11 PM