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Off-Campus Student Housing
This year, The Boston Globe published “Shadow Campus,” which exposed off-campus housing conditions that lead to the 2013 death of Boston University senior Binland Lee. Ms. Lee died of smoke inhalation, trapped in her attic bedroom. In Boston, 25 colleges and universities are within city limits. The off-campus population increased to more than 45,000 from 2006 to 2013. There are approximately 154,000 rental units; about one in 67 units is inspected in a timely fashion. Since 2000, the median cost of room and board for college students has climbed nearly 60% ' almost double the inflation rate.
The phenomenon is not unique to Boston. Between 2009 and 2011, there were 23.2 million college students in the U.S. In 2013, the Census Bureau recorded that 25% resided off-campus. Among the 50 states and the District of Columbia, students living off campus ranged from 13.3% (New Jersey) to 40.3% (North Dakota).
The DOJ's Corporate Enforcement Policy: One Year Later
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.
The DOJ's New Parameters for Evaluating Corporate Compliance Programs
The parameters set forth in the DOJ's memorandum have implications not only for the government's evaluation of compliance programs in the context of criminal charging decisions, but also for how defense counsel structure their conference-room advocacy seeking declinations or lesser sanctions in both criminal and civil investigations.
Use of Deferred Prosecution Agreements In White Collar Investigations
This article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.
Bankruptcy Sales: Finding a Diamond In the Rough
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.
Compliance Officers: Recent Regulatory Guidance and Enforcement Actions and Mitigating the Risk of Personal Liability
This article explores legal developments over the past year that may impact compliance officer personal liability.