How Jed Rakoff, One-Man Circuit Split, Saved Bharara's Bacon

Law360, New York (January 15, 2017, 6:11 PM EST) -- BigLaw and the federal bench turned out in force Friday to witness history's first attempt to transform U.S. District Judge Jed Rakoff's West Coast end-run around the Second Circuit's Newman insider trading decision into the stuff of legend.

A packed house that included Second Circuit Chief Judge Robert Katzmann looked on at the New York City Bar Association as the famed federal judge was gently sent up by friends including Morvillo LLP's Henry "Pete" Putzel, whose firm partner Gregory Morvillo was on the Newman briefs.

The Second Circuit's 2014 decision in U.S. v. Newman, which made it more difficult for law...

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