While commonly perceived to be the perpetrators of crimes, corporations, organizations and governmental entities are often themselves victims of criminal acts performed by third-parties or their own employees and agents. The Mandatory Victim Restitution Act (MVRA) creates a statutory obligation for courts to order criminal restitution to victims for certain offenses committed against organizational entities.
Read the full Bloomberg Law article, "‘Victim’ entities recovery of restitution under MVRA."
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As previously observed, conflicts occasionally arise between mortgagees and charterers where a mortgagee wishes to take prompt action to enforce its rights, but the charterer wishes such enforcement action to be deferred until the end of the charter.
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For some time now, the European Commission (EC) and national competition authorities (NCAs) have been striving to catch so-called “killer acquisitions” under their merger control rules to thereby close a perceived enforcement gap.
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