\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

Associate who made 1.5 billion dollar mistake is black

http://www.watertonassociates.com/investor-relations-legal ...
frozen hell
  07/31/15
he looks pretty handsome. prolly has a 180 sex life
Vivacious Cerise Idiot Senate
  08/01/15
ryan brown
abusive motley therapy site
  08/01/15
To be fair, he achieved an excellent result for his client (...
flirting public bath
  07/31/15
cr. the true retard is the associate at Simpson Thatcher who...
sadistic cuckoldry gay wizard
  08/01/15
Gay black..."He is a member of the Illinois Bar, the Le...
Brilliant impressive gas station death wish
  07/31/15
Not that there's anything wrong with either.
Brilliant impressive gas station death wish
  07/31/15
Lol
lascivious buck-toothed space
  08/01/15
diversity is finished here
razzle deranged point
  08/01/15
Oh what a rising star!
Swollen aromatic area boistinker
  08/01/15
how much do you think he makmes at that place?
Claret stage
  07/31/15
I know an exceptional Black admitted to UCHI w/$$ with a 158...
Histrionic Sanctuary Dog Poop
  07/31/15
"Exceptional"?
lascivious buck-toothed space
  08/01/15
Summa cum Laude, Phi Beta Kappa, class president, local and ...
Histrionic Sanctuary Dog Poop
  08/01/15
Good for him. Should have studied for lsat tho
lascivious buck-toothed space
  08/01/15
Or just taken adderall and scored a 175+.
Cerebral aquamarine house
  08/01/15
It's pretty much a +10 boost so that's like a 168
chest-beating hideous doctorate
  08/01/15
15-18
Dashing national windowlicker
  08/01/15
...
lascivious buck-toothed space
  08/01/15
Then, at minimum, I scored over 180 with scaling. 100% black...
Ivory school cafeteria
  08/01/15
not sure if I follow you hoss
Dashing national windowlicker
  08/01/15
with your proposed +15-18 point AA bonus, my LSAT score was ...
Ivory school cafeteria
  08/01/15
Okay. I am sorry to hear about your mental illness but welco...
Dashing national windowlicker
  08/01/15
I've been here since 2008. Abbot Saxtus.
Ivory school cafeteria
  08/01/15
What was your ugpa How is china
lascivious buck-toothed space
  08/01/15
i came back and just took the bar exam
Ivory school cafeteria
  08/01/15
Wtf
lascivious buck-toothed space
  08/01/15
yeah, my last days in taiwan were pretty bad. i would just d...
Ivory school cafeteria
  08/01/15
How in the hell did he get an inhouse job after what happene...
chest-beating hideous doctorate
  08/01/15
The in house job had a diversity quota to fill
lascivious buck-toothed space
  08/01/15
It seems way too small of a place to care about diversity
chest-beating hideous doctorate
  08/01/15
he a good keed
Dashing national windowlicker
  08/01/15
dindu nuffin
abnormal property
  08/01/15
...
razzle deranged point
  08/01/15
He didn't tell them what happened?
Exciting light theatre
  08/01/15
Link 2 his billion dollar mistake?
beady-eyed factory reset button rigpig
  08/01/15
http://www.nysb.uscourts.gov/sites/default/files/opinions/23...
hot glittery organic girlfriend toaster
  08/01/15
"[sic.; seemingly should be z]"
abnormal property
  08/01/15
I thought he was at STB. Anyway, 180 to him for representin...
yellow federal church building
  08/01/15
wait what am i missing here
lascivious buck-toothed space
  08/01/15
Mayer Brown suffered no harm neither did his client. It is ...
yellow federal church building
  08/01/15
The three UCC-1 filing numbers listed on the Synthetic Lease...
hot glittery organic girlfriend toaster
  08/01/15
Perlowski. Handsome.
hot glittery organic girlfriend toaster
  08/01/15
Lol'd at the gravity of this paragraph. Perlowski fucked up...
Dashing national windowlicker
  08/01/15
Just do release UCCs as a debtor. 180!!!!!!
yellow federal church building
  08/01/15
Lmao
Dashing national windowlicker
  08/01/15
I do this shit all the time (well not this shit but similar)...
yellow federal church building
  08/01/15
the MB partner, Gordon whatever, is ultiamtely responsible b...
hot glittery organic girlfriend toaster
  08/01/15
CR
yellow federal church building
  08/01/15
Lol at shifty lawyers taking MB's gaffe as the new MARKET fo...
Dashing national windowlicker
  08/01/15
This is how I roll. I had counsel for the other side at a s...
yellow federal church building
  08/01/15
Yeah I cop that too but something is obviously different abo...
Dashing national windowlicker
  08/01/15
that's incompetence
costumed chapel
  08/01/15
Judge could not hear me.
yellow federal church building
  08/01/15
...
lascivious buck-toothed space
  08/01/15
UCC filings perfect and provide notice, right? Terminating ...
Insane selfie
  08/01/15
I don't know the facts here, but a bankruptcy trustee can av...
Magenta Supple Legend
  08/01/15
A security is worthless if it's not perfected when there's a...
chest-beating hideous doctorate
  08/01/15
wait, so $1.5bn went up in smoke because the serial numbers ...
swashbuckling nudist dopamine
  08/01/15
titcq. it's absolutely astonishing how little software has m...
Stimulating greedy center elastic band
  08/01/15
He didn't make a mistake. He saved his fuckinng client milli...
hot glittery organic girlfriend toaster
  08/01/15
Green the hero
yellow federal church building
  08/01/15
This bro. Dooder may have been lazy and not reviewed the par...
Razzle-dazzle puce church
  08/01/15
jeez, that is sketchy.
razzmatazz fanboi
  08/01/15
I see this a lot too. I'll admit to doing it occasionally wi...
chest-beating hideous doctorate
  08/01/15
Who is this Mardi Merjian? http://www.stblaw.com/our-team...
abnormal property
  08/01/15
Counsel
Buff Location Partner
  08/01/15
Ljl at this subhuman Persian diversity hire. Luis explain
lascivious buck-toothed space
  08/01/15
Wtf why is everyone talking about how MB represented their c...
vigorous internal respiration tanning salon
  08/01/15
Why presume he was AA'd into UChicago Law? His resume states...
Cerebral aquamarine house
  08/01/15
Nice flame
Swollen aromatic area boistinker
  08/01/15
Not flame. He likely had a 3.8+ gpa from a decent college an...
Cerebral aquamarine house
  08/01/15
the pernicious reality of AA is that a gay black man will al...
purple hyperactive boiling water
  08/01/15
Right, but once one sees that he graduated from a top 25 ugr...
Cerebral aquamarine house
  08/01/15
Keep flaming bro. You're doing great
Swollen aromatic area boistinker
  08/01/15
What's flame about it? Give credit when credit is do. Stop b...
Cerebral aquamarine house
  08/01/15
Just hope the next nigger that fucks your ass doesn't have g...
Swollen aromatic area boistinker
  08/01/15
Look, just admit you're a racist pile of dog shit and move o...
Cerebral aquamarine house
  08/01/15
Gas yourself, faggot
Swollen aromatic area boistinker
  08/01/15
Only if you and your entire pile of shit family step in the ...
Cerebral aquamarine house
  08/01/15
(Gaids-ridden nigger about to die anyway)
Swollen aromatic area boistinker
  08/01/15
Just as I thought, looks like you've proven my assertion rig...
Cerebral aquamarine house
  08/01/15
When did I deny that I believe fags are disgusting and black...
Swollen aromatic area boistinker
  08/01/15
Of course you disagree, you're a bigot.
Cerebral aquamarine house
  08/01/15
Kill yourself. Seriously.
Swollen aromatic area boistinker
  08/01/15
can you imagine on his firm bio *Represented GM in releas...
Doobsian wonderful native
  08/01/15
"Pwned the FUCK out of big city vault 10 attorneys.&quo...
anal brindle volcanic crater depressive
  08/01/15
so what? absolutely any one of us could have made the exact ...
Stimulating greedy center elastic band
  08/01/15
Yep
Confused Heady Rigor
  08/01/15
titcr I'm waiting for my UCC errors to come back to haun...
Magenta Supple Legend
  08/01/15
Dude, he didn't make a mistake, only the STB lawyers did.
razzmatazz fanboi
  08/01/15
To be fair, I do this type of work, and if I were in his sho...
razzmatazz fanboi
  08/01/15
ELI5 plz
provocative coiffed ladyboy
  08/01/15
http://xoxohth.com/thread.php?thread_id=2951033&mc=47&am...
Stimulating greedy center elastic band
  08/01/15
Shame shame shame that all those black bankers and law assoc...
autistic theater
  08/01/15
nah it was the black mortgage borrowers
snowy wrinkle university
  08/01/15
can someone explain in plain english what the mistake was? t...
Vivacious Cerise Idiot Senate
  08/01/15
cq. litigationmo here. i have no idea wtf happened.
irradiated self-centered parlor
  08/01/15
if it's the case that he saved his client $150MM by putting ...
Vivacious Cerise Idiot Senate
  08/01/15
1500 MM and it was the clients other creditors made out like...
flirting public bath
  08/01/15
Imagine the GM bankruptcy as being a first-come, first-serve...
Razzle-dazzle puce church
  08/01/15
all because of one wrong number?
Vivacious Cerise Idiot Senate
  08/01/15
ONE. WRONG. NUMBER.
flirting public bath
  08/01/15
...
Vivacious Cerise Idiot Senate
  08/01/15
180
abusive motley therapy site
  08/01/15
Not a UCC expert. But, pretty much yea (I think). The perfec...
Razzle-dazzle puce church
  08/01/15
holy shit lol
Vivacious Cerise Idiot Senate
  08/01/15
can someone explain this a bit more in plain english
irradiated self-centered parlor
  08/01/15
http://xoxohth.com/thread.php?thread_id=2951158&mc=6&...
Stimulating greedy center elastic band
  08/01/15
180 explanation (for dumbfucks like me). Ty, ty. You are a g...
abusive motley therapy site
  08/01/15
I m not even an lawyer and I get this, All the tard paral...
Doobsian wonderful native
  08/01/15


Poast new message in this thread



Reply Favorite

Date: July 31st, 2015 10:09 PM
Author: frozen hell

http://www.watertonassociates.com/investor-relations-legal

ryan green

Lol at affirmative action having a positive effect on biglaw.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28453494)



Reply Favorite

Date: August 1st, 2015 2:33 PM
Author: Vivacious Cerise Idiot Senate

he looks pretty handsome. prolly has a 180 sex life

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456878)



Reply Favorite

Date: August 1st, 2015 9:22 PM
Author: abusive motley therapy site

ryan brown

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28459298)



Reply Favorite

Date: July 31st, 2015 10:11 PM
Author: flirting public bath

To be fair, he achieved an excellent result for his client (or at least his client's other creditors).

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28453505)



Reply Favorite

Date: August 1st, 2015 5:44 PM
Author: sadistic cuckoldry gay wizard

cr. the true retard is the associate at Simpson Thatcher who didn't catch this mistake. what race was he/she?

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28457960)



Reply Favorite

Date: July 31st, 2015 10:12 PM
Author: Brilliant impressive gas station death wish

Gay black..."He is a member of the Illinois Bar, the Lesbian and Gay Bar Association of Chicago"

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28453507)



Reply Favorite

Date: July 31st, 2015 10:12 PM
Author: Brilliant impressive gas station death wish

Not that there's anything wrong with either.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28453511)



Reply Favorite

Date: August 1st, 2015 12:23 AM
Author: lascivious buck-toothed space

Lol

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454414)



Reply Favorite

Date: August 1st, 2015 7:26 AM
Author: razzle deranged point

diversity is finished here

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455422)



Reply Favorite

Date: August 1st, 2015 9:13 AM
Author: Swollen aromatic area boistinker

Oh what a rising star!

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455527)



Reply Favorite

Date: July 31st, 2015 10:14 PM
Author: Claret stage

how much do you think he makmes at that place?

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28453518)



Reply Favorite

Date: July 31st, 2015 10:16 PM
Author: Histrionic Sanctuary Dog Poop

I know an exceptional Black admitted to UCHI w/$$ with a 158. Imagine what the run-of-the-mill types got.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28453535)



Reply Favorite

Date: August 1st, 2015 12:24 AM
Author: lascivious buck-toothed space

"Exceptional"?

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454418)



Reply Favorite

Date: August 1st, 2015 12:45 AM
Author: Histrionic Sanctuary Dog Poop

Summa cum Laude, Phi Beta Kappa, class president, local and national awards, compelling tear-jerking personal narrative

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454586)



Reply Favorite

Date: August 1st, 2015 1:52 PM
Author: lascivious buck-toothed space

Good for him. Should have studied for lsat tho

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456703)



Reply Favorite

Date: August 1st, 2015 2:01 PM
Author: Cerebral aquamarine house

Or just taken adderall and scored a 175+.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456741)



Reply Favorite

Date: August 1st, 2015 12:24 AM
Author: chest-beating hideous doctorate

It's pretty much a +10 boost so that's like a 168

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454424)



Reply Favorite

Date: August 1st, 2015 12:29 AM
Author: Dashing national windowlicker

15-18

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454467)



Reply Favorite

Date: August 1st, 2015 12:31 AM
Author: lascivious buck-toothed space



(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454488)



Reply Favorite

Date: August 1st, 2015 7:36 AM
Author: Ivory school cafeteria

Then, at minimum, I scored over 180 with scaling. 100% black. I would've gotten into Harvard if it weren't for my mental instability.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455430)



Reply Favorite

Date: August 1st, 2015 10:39 AM
Author: Dashing national windowlicker

not sure if I follow you hoss

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455735)



Reply Favorite

Date: August 1st, 2015 10:59 AM
Author: Ivory school cafeteria

with your proposed +15-18 point AA bonus, my LSAT score was higher than 180. probably one of the highest LSAT scores by any fully black person. yet i was rejected from the entire t14 due to mental illness which fucked up my ugrad record including GPA.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455830)



Reply Favorite

Date: August 1st, 2015 11:03 AM
Author: Dashing national windowlicker

Okay. I am sorry to hear about your mental illness but welcome to Autoadmit

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455851)



Reply Favorite

Date: August 1st, 2015 12:45 PM
Author: Ivory school cafeteria

I've been here since 2008. Abbot Saxtus.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456275)



Reply Favorite

Date: August 1st, 2015 1:53 PM
Author: lascivious buck-toothed space

What was your ugpa

How is china

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456707)



Reply Favorite

Date: August 1st, 2015 1:54 PM
Author: Ivory school cafeteria

i came back and just took the bar exam



(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456713)



Reply Favorite

Date: August 1st, 2015 1:55 PM
Author: lascivious buck-toothed space

Wtf

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456720)



Reply Favorite

Date: August 1st, 2015 2:00 PM
Author: Ivory school cafeteria

yeah, my last days in taiwan were pretty bad. i would just drink half a liter of whiskey every single night. i moved back home and stopped drinking. studied for the bar. started my own LLC last month. business is going OK. made like $400 bucks yesterday.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456739)



Reply Favorite

Date: August 1st, 2015 12:20 AM
Author: chest-beating hideous doctorate

How in the hell did he get an inhouse job after what happened

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454393)



Reply Favorite

Date: August 1st, 2015 12:24 AM
Author: lascivious buck-toothed space

The in house job had a diversity quota to fill

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454422)



Reply Favorite

Date: August 1st, 2015 12:25 AM
Author: chest-beating hideous doctorate

It seems way too small of a place to care about diversity

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454426)



Reply Favorite

Date: August 1st, 2015 12:30 AM
Author: Dashing national windowlicker

he a good keed

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454470)



Reply Favorite

Date: August 1st, 2015 12:43 AM
Author: abnormal property

dindu nuffin



(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454568)



Reply Favorite

Date: August 1st, 2015 11:25 AM
Author: razzle deranged point



(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455913)



Reply Favorite

Date: August 1st, 2015 12:31 AM
Author: Exciting light theatre

He didn't tell them what happened?

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454477)



Reply Favorite

Date: August 1st, 2015 12:26 AM
Author: beady-eyed factory reset button rigpig

Link 2 his billion dollar mistake?

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454437)



Reply Favorite

Date: August 1st, 2015 12:30 AM
Author: hot glittery organic girlfriend toaster

http://www.nysb.uscourts.gov/sites/default/files/opinions/233503_71_opinion.pdf

search "green"

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454474)



Reply Favorite

Date: August 1st, 2015 12:45 AM
Author: abnormal property

"[sic.; seemingly should be z]"

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454587)



Reply Favorite

Date: August 1st, 2015 12:27 AM
Author: yellow federal church building

I thought he was at STB. Anyway, 180 to him for representing his client.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454450)



Reply Favorite

Date: August 1st, 2015 12:32 AM
Author: lascivious buck-toothed space

wait what am i missing here

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454489)



Reply Favorite

Date: August 1st, 2015 12:34 AM
Author: yellow federal church building

Mayer Brown suffered no harm neither did his client. It is the idiots at STB who are on the hook.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454507)



Reply Favorite

Date: August 1st, 2015 12:28 AM
Author: hot glittery organic girlfriend toaster

The three UCC-1 filing numbers listed on the Synthetic Lease Closing Checklist were

derived from a UCC search Green had requested that a Mayer Brown paralegal, Michael

Perlowski, perform. Working from a prior search for UCC-1 financing statements recorded

against GM (and without knowledge of the underlying transactions that had involved those

filings, or, for that matter, the purpose of his undertaking),

26 Perlowski identified several UCC-1

financing statements in response to Green’s request. Perlowski was not aware of the specific

transaction on which Green was working.27 Two of the UCC-1 financing statements Green

listed on the Synthetic Lease Closing Checklist had been filed in connection with the Synthetic

Lease. But the third UCC-1 financing statement he listed, with filing number 6416808 4, did not

relate to the Synthetic Lease transaction. Instead, this third UCC-1 financing statement, bearing

file number 6416808 4, was the Main Term Loan UCC-1.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454455)



Reply Favorite

Date: August 1st, 2015 12:29 AM
Author: hot glittery organic girlfriend toaster

Perlowski. Handsome.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454459)



Reply Favorite

Date: August 1st, 2015 12:33 AM
Author: Dashing national windowlicker

Lol'd at the gravity of this paragraph.

Perlowski fucked up as a paralegal does..

Green fucked up by failing to instruct, supervise and review.

Everyone else REALLY fucked up from there on out.

Only question is whether the remedial line of review adopted by banks to combat the RYAN GREEN MENACE will be in-house or outside counsel. If outside counsel, THANKS RYAN, GREAT JOB xoxo

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454499)



Reply Favorite

Date: August 1st, 2015 12:35 AM
Author: yellow federal church building

Just do release UCCs as a debtor. 180!!!!!!

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454515)



Reply Favorite

Date: August 1st, 2015 12:36 AM
Author: Dashing national windowlicker

Lmao

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454523)



Reply Favorite

Date: August 1st, 2015 12:38 AM
Author: yellow federal church building

I do this shit all the time (well not this shit but similar). Fuck them if they can't read the doc. I like this guy.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454544)



Reply Favorite

Date: August 1st, 2015 12:36 AM
Author: hot glittery organic girlfriend toaster

the MB partner, Gordon whatever, is ultiamtely responsible but its not MB's problem, they HELPED their client... its fucking STB for not checking shit, jfc if ur paying 600 plus an hour u expect that



(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454518)



Reply Favorite

Date: August 1st, 2015 12:39 AM
Author: yellow federal church building

CR

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454548)



Reply Favorite

Date: August 1st, 2015 12:39 AM
Author: Dashing national windowlicker

Lol at shifty lawyers taking MB's gaffe as the new MARKET for debtor counsel work. Just slip a fraud UCC-3 into every package with pre-written "Nice job on the docs." Reply email.

"Oh I'm sorry, accurate lien release schedules are not market in distressed automotive synthetic lease closing sets - do we need to get our clients on the phone?"

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454549)



Reply Favorite

Date: August 1st, 2015 12:44 AM
Author: yellow federal church building

This is how I roll. I had counsel for the other side at a settlement hearing say he would have not have signed had he known what the agreement said. I chuckled audibly.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454577)



Reply Favorite

Date: August 1st, 2015 12:48 AM
Author: Dashing national windowlicker

Yeah I cop that too but something is obviously different about a few morse codes getting shuffled in a stack of 30,000 pages of paper vs. putting a subtle substantive concept right under another attorney's nose and him simply failing to spot the issue. In one case you hid the ball, in the other case you threw a strike.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454617)



Reply Favorite

Date: August 1st, 2015 2:35 AM
Author: costumed chapel

that's incompetence

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455066)



Reply Favorite

Date: August 1st, 2015 11:32 AM
Author: yellow federal church building

Judge could not hear me.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455942)



Reply Favorite

Date: August 1st, 2015 1:55 PM
Author: lascivious buck-toothed space



(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456718)



Reply Favorite

Date: August 1st, 2015 7:59 AM
Author: Insane selfie

UCC filings perfect and provide notice, right? Terminating the UCC filing shouldn't terminate the underlying security interest on its own, right? They should still be secured at some level, right?

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455443)



Reply Favorite

Date: August 1st, 2015 11:01 AM
Author: Magenta Supple Legend

I don't know the facts here, but a bankruptcy trustee can avoid the security interest of any unperfected creditor

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455844)



Reply Favorite

Date: August 1st, 2015 2:59 PM
Author: chest-beating hideous doctorate

A security is worthless if it's not perfected when there's a billion other senior creditors that will exhaust the pie

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28457013)



Reply Favorite

Date: August 1st, 2015 10:46 AM
Author: swashbuckling nudist dopamine

wait, so $1.5bn went up in smoke because the serial numbers on two different documents didn't match? and making sure they did match was the responsibility of at least three different people (the paralegal, the associate, and presumably the partner on the case)?

how has this profession not been software-engineered out of existence yet?

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455768)



Reply Favorite

Date: August 1st, 2015 10:51 AM
Author: Stimulating greedy center elastic band

titcq. it's absolutely astonishing how little software has made its way into transactional law. other than the obvious reason of entrenched interests not wanting it, the only explanation i can think of is that there just aren't enough people with sufficient knowledge in both areas to do anything about it. it's difficult to disrupt since the very people you would need to use the software, biglaw firms, are the ones benefiting the most from the inefficiency of how things are done now.

you see it a tiny bit with http://www.clerky.com but nothing else.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455790)



Reply Favorite

Date: August 1st, 2015 12:31 AM
Author: hot glittery organic girlfriend toaster

He didn't make a mistake. He saved his fuckinng client millions. Its STB's fucking duty to review them. Green is a HERRRO

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454480)



Reply Favorite

Date: August 1st, 2015 12:44 AM
Author: yellow federal church building

Green the hero

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454578)



Reply Favorite

Date: August 1st, 2015 12:59 PM
Author: Razzle-dazzle puce church

This bro. Dooder may have been lazy and not reviewed the paralegal's work, but it was STB's job to make sure the filing was correct.

Since working in-house, I've seen some of the dirty shit other in-house attorneys do. They will track change most of their items, but "must of disabled the track changes function" for some of the edits. We are constantly doing comparisons to confirm that their redline contains all of their edits (or the edits since we've last touched the document).

Edit: I know they prbly couldn't have done track changes for these filings.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456379)



Reply Favorite

Date: August 1st, 2015 1:01 PM
Author: razzmatazz fanboi

jeez, that is sketchy.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456389)



Reply Favorite

Date: August 1st, 2015 3:01 PM
Author: chest-beating hideous doctorate

I see this a lot too. I'll admit to doing it occasionally with stylistic shit to avoid the appearance of red everywhere. I'll just accept formatting changes sometimes. But yeah I've seen people do it with substantive shit and that's just fucked up.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28457035)



Reply Favorite

Date: August 1st, 2015 1:06 AM
Author: abnormal property

Who is this Mardi Merjian?

http://www.stblaw.com/our-team/news/mardi-r-merjian

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28454734)



Reply Favorite

Date: August 1st, 2015 9:10 AM
Author: Buff Location Partner

Counsel

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455517)



Reply Favorite

Date: August 1st, 2015 1:56 PM
Author: lascivious buck-toothed space

Ljl at this subhuman Persian diversity hire. Luis explain

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456725)



Reply Favorite

Date: August 1st, 2015 5:45 AM
Author: vigorous internal respiration tanning salon

Wtf why is everyone talking about how MB represented their client so well? They didn't save GM any money. Didn't they only just help out the unsecured creditors (bondholders, I assume)?

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455353)



Reply Favorite

Date: August 1st, 2015 7:47 AM
Author: Cerebral aquamarine house

Why presume he was AA'd into UChicago Law? His resume states that he graduated college with highest honors in econ (probably 3.8+ GPA) from Emory. He may have made a mistake, but he's no idiot.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455435)



Reply Favorite

Date: August 1st, 2015 9:13 AM
Author: Swollen aromatic area boistinker

Nice flame

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455526)



Reply Favorite

Date: August 1st, 2015 9:51 AM
Author: Cerebral aquamarine house

Not flame. He likely had a 3.8+ gpa from a decent college and probably a 164+ lsat. Lsat may have been a bit on the lower end, but probably nothing way off from the 25th-50th percentile.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455604)



Reply Favorite

Date: August 1st, 2015 10:13 AM
Author: purple hyperactive boiling water

the pernicious reality of AA is that a gay black man will always be assumed to have AA'ed his way into everything

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455660)



Reply Favorite

Date: August 1st, 2015 10:30 AM
Author: Cerebral aquamarine house

Right, but once one sees that he graduated from a top 25 ugrad with a 3.8+ in econ, those thoughts should go out the window as he's obviously not a dumb guy.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455704)



Reply Favorite

Date: August 1st, 2015 10:31 AM
Author: Swollen aromatic area boistinker

Keep flaming bro. You're doing great

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455708)



Reply Favorite

Date: August 1st, 2015 10:38 AM
Author: Cerebral aquamarine house

What's flame about it? Give credit when credit is do. Stop being a racist ape for a change.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455727)



Reply Favorite

Date: August 1st, 2015 10:40 AM
Author: Swollen aromatic area boistinker

Just hope the next nigger that fucks your ass doesn't have grids

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455737)



Reply Favorite

Date: August 1st, 2015 10:42 AM
Author: Cerebral aquamarine house

Look, just admit you're a racist pile of dog shit and move on...

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455746)



Reply Favorite

Date: August 1st, 2015 10:43 AM
Author: Swollen aromatic area boistinker

Gas yourself, faggot

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455750)



Reply Favorite

Date: August 1st, 2015 10:45 AM
Author: Cerebral aquamarine house

Only if you and your entire pile of shit family step in the chamber first.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455757)



Reply Favorite

Date: August 1st, 2015 10:47 AM
Author: Swollen aromatic area boistinker

(Gaids-ridden nigger about to die anyway)

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455773)



Reply Favorite

Date: August 1st, 2015 10:50 AM
Author: Cerebral aquamarine house

Just as I thought, looks like you've proven my assertion right.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455785)



Reply Favorite

Date: August 1st, 2015 10:54 AM
Author: Swollen aromatic area boistinker

When did I deny that I believe fags are disgusting and blacks are intellectually inferior? Or that I disagree with both groups being allowed to benefit from aa?

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455803)



Reply Favorite

Date: August 1st, 2015 11:23 AM
Author: Cerebral aquamarine house

Of course you disagree, you're a bigot.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455904)



Reply Favorite

Date: August 1st, 2015 11:26 AM
Author: Swollen aromatic area boistinker

Kill yourself. Seriously.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455915)



Reply Favorite

Date: August 1st, 2015 10:50 AM
Author: Doobsian wonderful native

can you imagine on his firm bio

*Represented GM in releasing $1.5bn security interest in secured debt, saving GM XXX millions

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455784)



Reply Favorite

Date: August 1st, 2015 10:54 AM
Author: anal brindle volcanic crater depressive

"Pwned the FUCK out of big city vault 10 attorneys."

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455809)



Reply Favorite

Date: August 1st, 2015 10:54 AM
Author: Stimulating greedy center elastic band

so what? absolutely any one of us could have made the exact same mistake, and in fact the lawyers at STB did. it's more than likely that all of us have made similar errors before, and they may have even made it into the final docs as they did here - they just haven't been discovered (yet).

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455807)



Reply Favorite

Date: August 1st, 2015 11:02 AM
Author: Confused Heady Rigor

Yep

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455848)



Reply Favorite

Date: August 1st, 2015 11:03 AM
Author: Magenta Supple Legend

titcr

I'm waiting for my UCC errors to come back to haunt me

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455849)



Reply Favorite

Date: August 1st, 2015 11:32 AM
Author: razzmatazz fanboi

Dude, he didn't make a mistake, only the STB lawyers did.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455938)



Reply Favorite

Date: August 1st, 2015 11:30 AM
Author: razzmatazz fanboi

To be fair, I do this type of work, and if I were in his shoes representing GM, I would have done the same exact thing. If my paralegal makes a mistake, JP Morgan needs to catch it, and if they don't, no big deal for my client.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455928)



Reply Favorite

Date: August 1st, 2015 11:31 AM
Author: provocative coiffed ladyboy

ELI5 plz

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28455932)



Reply Favorite

Date: August 1st, 2015 11:45 AM
Author: Stimulating greedy center elastic band

http://xoxohth.com/thread.php?thread_id=2951033&mc=47&forum_id=2#28454804

+

http://xoxohth.com/thread.php?thread_id=2951033&mc=47&forum_id=2#28455671

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456011)



Reply Favorite

Date: August 1st, 2015 1:04 PM
Author: autistic theater

Shame shame shame that all those black bankers and law associated caused the great 2008 recession

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456407)



Reply Favorite

Date: August 1st, 2015 2:58 PM
Author: snowy wrinkle university

nah it was the black mortgage borrowers

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28457011)



Reply Favorite

Date: August 1st, 2015 2:31 PM
Author: Vivacious Cerise Idiot Senate

can someone explain in plain english what the mistake was? the doc was supposed to have one UCC # but instead it had a different one?

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456873)



Reply Favorite

Date: August 1st, 2015 2:37 PM
Author: irradiated self-centered parlor

cq. litigationmo here. i have no idea wtf happened.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456892)



Reply Favorite

Date: August 1st, 2015 2:39 PM
Author: Vivacious Cerise Idiot Senate

if it's the case that he saved his client $150MM by putting in a wrong serial number that the other side didnt catch, why dont people do that all the time

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456901)



Reply Favorite

Date: August 1st, 2015 3:05 PM
Author: flirting public bath

1500 MM and it was the clients other creditors made out like bandits. People don't usually do it because ethics and competent counsel with check this kind of thing.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28457060)



Reply Favorite

Date: August 1st, 2015 2:56 PM
Author: Razzle-dazzle puce church

Imagine the GM bankruptcy as being a first-come, first-serve for creditors. There is a preferred service line (those that have a security interest) and a normal service line. Because of the filing, the creditors lost their place in the preferred service line, and are now in the normal service line.

Problem is that there are many more people in both service lines than there are assets. So, a group will get screwed. It will be those in the normal service line.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28456992)



Reply Favorite

Date: August 1st, 2015 2:57 PM
Author: Vivacious Cerise Idiot Senate

all because of one wrong number?

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28457004)



Reply Favorite

Date: August 1st, 2015 3:03 PM
Author: flirting public bath

ONE. WRONG. NUMBER.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28457047)



Reply Favorite

Date: August 1st, 2015 3:05 PM
Author: Vivacious Cerise Idiot Senate



(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28457065)



Reply Favorite

Date: August 1st, 2015 9:30 PM
Author: abusive motley therapy site

180

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28459339)



Reply Favorite

Date: August 1st, 2015 3:04 PM
Author: Razzle-dazzle puce church

Not a UCC expert. But, pretty much yea (I think). The perfection was lost. Without it, the trustee can do ><>< NO BREAKFAST ><><>

They went from cadillac el dorado to a set a steak knives.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28457054)



Reply Favorite

Date: August 1st, 2015 3:05 PM
Author: Vivacious Cerise Idiot Senate

holy shit lol

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28457063)



Reply Favorite

Date: August 1st, 2015 3:06 PM
Author: irradiated self-centered parlor

can someone explain this a bit more in plain english

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28457071)



Reply Favorite

Date: August 1st, 2015 3:07 PM
Author: Stimulating greedy center elastic band

http://xoxohth.com/thread.php?thread_id=2951158&mc=6&forum_id=2

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28457074)



Reply Favorite

Date: August 1st, 2015 9:29 PM
Author: abusive motley therapy site

180 explanation (for dumbfucks like me). Ty, ty. You are a good dooder.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28459337)



Reply Favorite

Date: August 1st, 2015 7:11 PM
Author: Doobsian wonderful native

I m not even an lawyer and I get this,

All the tard paralegal did was do a search for UCC and came back with 3 results. Only two of the UCCs were supposed to be released, 1 of the 3 was the interest in the 1.5bn facility that wAsnt supposed to be released. Nobody checked anything and voila 1.5 bn security interest was released among the other two.

Hilarity ensues.

(http://www.autoadmit.com/thread.php?thread_id=2950896&forum_id=2#28458389)