Law.com Subscribers SAVE 30%
Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
Hope and Change
Businesses and executives may be in for increased scrutiny under President Obama. The Department of Justice (DOJ) under President Bush abandoned the focus on white-collar crime prosecution inherited from the Clinton DOJ, especially financial fraud, antitrust enforcement and environmental protection. Despite the economic meltdown and a perceived explosion of corporate misbehavior during the Bush years ' typified by Enron and WorldCom ' white-collar crime enforcement was down 27% from 2000-2007, according to data from the Transactional Records Access Clearinghouse at Syracuse University. Environmental enforcement also faltered, plunging 28% in the same time period. Candidate Obama condemned the politicization of the DOJ and criticized the Bush administration's weak record on financial crimes. At minimum, an Obama administration promises to increase enforcement of financial crimes, antitrust and environmental offenses.
A record number of companies reached settlements in the final weeks of the Bush administration, perhaps a sign that many businesses and defense attorneys forecast a less friendly regulatory and enforcement environment. The Justice Department announced 19 resolutions with companies from November through the end of 2008, up from five in the same months of 2006 and 16 in 2007, according to The Washington Post.
This premium content is locked for Entertainment Law & Finance subscribers only
ENJOY UNLIMITED ACCESS TO THE SINGLE SOURCE OF OBJECTIVE LEGAL ANALYSIS, PRACTICAL INSIGHTS, AND NEWS IN ENTERTAINMENT LAW.
- Stay current on the latest information, rulings, regulations, and trends
- Includes practical, must-have information on copyrights, royalties, AI, and more
- Tap into expert guidance from top entertainment lawyers and experts
Already a have an account? Sign In Now Log In Now
For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473
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.
Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
Risks of “Baseball Arbitration” in Resolving Real Estate Disputes
“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.
Disconnect Between In-House and Outside Counsel
'Disconnect Between In-House and Outside Counsel is a continuation of the discussion of client expectations and the disconnect that often occurs. And although the outside attorneys should be pursuing how inside-counsel actually think, inside counsel should make an effort to impart this information without waiting to be asked.