company town

Sullivan & Cromwell’s Silent Partner

LAW
• Is Sullivan & Cromwell partner Stephen Kotran the quiet hero in the Charney case? [Above the Law]
• Department of Justice e-mails recall high-school girlfriends and Raging Bull. [Radar]
• Justice Anthony Kennedy recuses himself from a case involving Credit Suisse because his son is a managing director there. So why didn’t that come up last December when Kennedy was involved in the decision to grant review? [Legal Times]

MEDIA
• Time Warner CEO Richard Parsons hasn’t ruled out a run for mayor. [Crain’sNY]
• After covering the L.A. riots, Woody and Mia, a serial killer, and “assorted plane and train crashes,” Richard Perez-Pena gets his newest disaster story from the New York Times: newspapers. [Romenesko]
NBC, News Corp, Yahoo, Microsoft, and Time Warner plan to start a rival to YouTube. Conspicuously absent: Viacom, who’s suing YouTube for $1 billion. [DealBook/NYT]

FASHION
• Marc Jacobs will be presented with the André Leon Talley Lifetime Achievement Award. We didn’t know it existed either. [Fashion Week Daily]
• Madonna’s celebrating 25 years of cone bras with a retrospective of her designer costumes. [Downtown Darling]
• You need a chart to figure out what happened to the Trovata designers. [NYT]

FINANCE
• Jim Cramer proclaims his innocence, and his Harvard Law pedigree. [TheStreet.com]
• If Blackstone goes public, is Stephen Schwarzman better off working for nothing? [breakingviews via DealBreaker]
• Ron Perelman must wait on a Florida appeals-court decision before Morgan Stanley pays him for a takeover gone bad. Be patient, Ron — compound interest suits your $1.58 billion award. [NYP]

Sullivan & Cromwell’s Silent Partner