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In the Marketplace
Leaseurope of Brussels has released the annual survey of its 30 member leasing associations, which shows that the European leasing business broke several records in 2005. Leaseurope, the European Federation of Leasing Company Associations, estimates that new leasing contracts worth just above 270 billion euros were concluded during 2005, making the European leasing market the largest in the world. This figure exceeds forecasts made by the Federation and represents an increase of almost 14% compared with 2004, revealing that the leasing sector has outperformed the rest of the European economy on average. In comparison, investment levels in the EU25 increased by only 5.1% compared with 2004.
Several factors are supporting Europe's double-digit leasing growth. First, the statistics include real estate leasing, and the European market has seen substantial increases in the real estate leasing sector over the past year, with Italy being the largest market in this fast-developing business. On the equipment leasing side, growth is expected to average above 16%. The financing of road transport vehicles in particular is set to contribute to its success, with growth forecasted at 18%.
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.
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.
How AI Has Affected PR
When we consider how the use of AI affects legal PR and communications, we have to look at it as an industrywide global phenomenon. A recent online conference provided an overview of the latest AI trends in public relations, and specifically, the impact of AI on communications. Here are some of the key points and takeaways from several of the speakers, who provided current best practices, tips, concerns and case studies.
New York's Latest Cybersecurity Commitment
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.