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Regulations established by the Labor Department's Office of Federal Contract Compliance Programs (OFCCP) require covered federal contractors and subcontractors to collect information about the gender, race and ethnicity of each “applicant” for employment. On Oct. 7, the OFCCP issued a final rule that adds a definition of “Internet applicant” and requires contractors to collect gender, race, and ethnicity information from certain individuals who apply through the Internet. 41 C.F.R. Part 60-1.
The final rule, which will take effect in February 2006, applies to “jobs for which the contractor accepts expression of interest via the Internet and related technologies, such as e-mail, commercial and internal resume databanks, and employer Web sites.” Existing record-keeping standards still apply for those positions for which the contractor does not use the Internet or related technologies, and does not accept any electronic submissions.
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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.
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