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In the UK, the Serious Fraud Office (SFO) acts as an independent governmental authority tasked with investigating and prosecuting the most serious or complex fraud and domestic and overseas corruption. As readers might be aware, a few years ago the UK introduced a new legal regime to tackle corruption under the UK Bribery Act 2010, with some describing it as the toughest anti-corruption legislation in the world.
David Green, CB QC, the Director of the SFO, recently published his annual report (2013-2014), which gives the opportunity to reflect on the recent past and look to the future concerning the SFO's activities, notably as regards corruption enforcement.
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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.
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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.