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Part One of a Two-Part Article
Public Law 111-203 was passed by the U.S. Senate on a 60-39 vote in the summer of 2010 and became effective when signed into law by President Barack Obama on July 21, 2010, just over one year ago. It is codified at 12 U.S.C. 5301, et seq. Having been sponsored primarily by Senator Christopher Dodd (D-CT) and Congressman Barney Frank (D-MA), its official short title is the Dodd-Frank Wall Street Reform and Consumer Protection Act, although it is often also referred to simply as Dodd-Frank, or as the DFA.
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.
With trillions of dollars to keep watch over, the last thing we need is the distraction of costly litigation brought on by patent assertion entities (PAEs or "patent trolls"), companies that don't make any products but instead seek royalties by asserting their patents against those who do make products.