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Just as the college football playoffs were supposed to resolve disputes on the proper way to crown a national champion, the recent amendments to the Federal Rules of Civil Procedure that took effect on Dec. 1, 2015 completely overhauled the sanctions portion of Rule 37, and were designed to resolve conflicts on the standards to apply in ordering spoliation sanctions. But just as the college football national championship debate seems far from settled (just ask Baylor and TCU fans last year, or Ohio State, Stanford, or Notre Dame fans this year), one recent decision indicates that neither may be the debate on the standards a federal court can employ in ruling on a spoliation motion.
Who Has Power to Sanction?
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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.
This article explores legal developments over the past year that may impact compliance officer personal liability.