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The Equipment Leasing Association of Arlington, VA announced that former U.S. Representative Kenneth E. Bentsen, Jr. has assumed leadership of the organization as president effective July 1. He joined ELA from his previous position as a Managing Director at Public Strategies, Inc. of Austin, TX. Bentsen succeeds Michael Fleming, who retired as president after serving in that position for the last 27 years. Fleming will continue to remain an active member of the leasing community and will join the U.S. division of The Alta Group as a principal.
Bentsen, only the second president to serve since the association's founding, previously represented the 25th District of Texas in the U.S. House of Representatives from 1995 to 2003. As a senior member of both the House Budget and Financial Services Committees, he helped craft the legislation to modernize the nation's banking and securities laws and the Sarbanes-Oxley Act. He also authored and co-authored many measures related to health care, thrift savings plans, international trade, and the nation's response to terrorism, particularly with respect to banking and insurance. Prior to serving in Congress, Bentsen was an investment banker in Houston and New York, specializing in municipal and housing finance. He was a senior banker for numerous structured-finance, mortgage-backed, special purpose and general government transactions.
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 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.
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.
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.
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.