TBLS Weekly Update (10/04/15 – 10/10/15)

UPCOMING EVENTS:

Today! 10/06 Texas Fintech Panel: Jamie Dimon, CEO of JP Morgan Chase, warned Wall Street: “Silicon Valley is coming.” Firms like Venmo and innovations like Bitcoin are changing the way people and firms interact within the financial system. Much of the creative work enabling these developments are done by legal teams fitting new technologies into the old legal framework. We invite you to the launch of a new student group: Texas Fintech. We will introduce attendees to the Fintech world and then host a panel with special guests: Jon Cholak (USAA Ventures), and David Johnston (Chairman of Factom, a Bitcoin startup) You can RSVP in Eventbrite. Date: October 6th; Time: 3:30 – 5:30 PM; Place: Legacy Events Room, Mccombs School of Business. After the panel is done, you can join us at the MBA Brew Club First Tuesday Happy Hour.

10/14 Partner Panel – From 3:00-5:00 in CCJ 2.306 (the Eidman Courtroom) partners from Locke Lord, Akin Gump, Bracewell & Giuliani, and Kirkland & Ellis will be coming to campus to speak with students and answer questions. Snacks and Refreshments will be provided. We will begin accepting RSVPs through the CSO website at the beginning of October. Attendees are only required to attend as long as their schedule permits. If you have a question that you would like to submit to the Partner Panel, please email txbusinesslaw@gmail.com

TBLS INFORMATION:

Dues – TBLS has altered its fee system this year to reward our returning members with lower fees. The fee schedule is as follows:

1Ls – $40
2Ls & 3Ls (New to TBLS) – $30
2Ls (Returning) – $20
3Ls (Returning) – $10

To pay dues: Please leave a clearly marked envelope with your name and email at the TBLS mailbox at the communications center in the atrium. Email txbusinesslaw@gmail.com when you drop off dues so that someone can collect them. As you will see below, several of our events and society shirts are only available for dues paying members.

BASEBALL CAPS! – The TBLS caps are going, going… almost gone. Email txbusinesslaw@gmail.com and reserve a $15 cap today!

Outline Bank – To gain access fill out the Outline Bank form. The outline bank is also available only to dues paying members.

LawMeet Competition- Join the UT LawMeet team! It is a competition designed to let 2Ls and 3Ls know what it is like to do a deal from beginning to end, while also allowing students to develop and hone their skills in contract constructions, drafting, and negotiation.

To join: Attendance at all three Practicum meetings is required. This year we will have three Law Meet teams draft and negotiate a private equity deal from beginning to end. Each of these teams will consist of three UT Law students who will compete on Feb. 26 at SMU, UGA, or Northwestern. Those who do not qualify for the team will be entered into Texas Law’s first annual Intramural Transactional Moot Court Competition in February.

Practicum Details:
Sept. 24, 4 p.m. to 5:30 p.m., JON 5.257
Oct. 1, 4 p.m. to 5:30 p.m., JON 5.257
Oct. 8, 4 p.m. to 5:30 p.m., JON 5.257

Please RSVP at utlawmeet@gmail.com

TERM OF THE WEEK:

Margin – Borrowed money that is used to purchase securities. This practice is referred to as “buying on margin”

3 THINGS THAT WILL MAKE YOU SMARTER:

1. JPMorgan Chase to pay most in 1.86 billion in CDS settlement. Apparently, global banks conspired to withhold information in the multi-trillion dollar credit default swap market – in violation of antitrust rules.

2. 4 Ways to Get More Women on Boards. Executive Boards must address gender inequality as a business imperative.

3. Selfies will kill of passwords ‘within five years’, says MasterCard. Biometrics are the future for online authentication.
Yours truly,

Texas Business Law Society
txbusinesslaw@gmail.com