By Julie Kaster. Full text here. The economic collapse of 2008 witnessed the greatest explosion of financial fraud cases in recent memory. The Crime Victims’ Rights Acts (CVRA), a federal statute granting victims rights in court, gives victims of financial swindlers a day in court to recount their financial hardships—a process known as victim allocution. The…

By Lindsay K. Eastman. Full text here. Corporate crime has dominated the news recently, and likely contributed to the United States’ recent financial crisis. After a corporation is convicted of a federal offense, the judge must determine the proper sentence to meet the goals of deterrence, incapacitation, rehabilitation, and just punishment. The United States Sentencing Commission…

By Elise L. Larson. Full text here. An American company recently entered into a contract with the town of Sitka, Alaska to export 2.9 billion gallons of freshwater per year from the Blue Lake Reservoir to an unannounced water hub on the west coast of India. If the venture is successful, the company will become the…

By R. Benjamin Hanna. Full text here. Substantive consolidation is a process in corporate bankruptcy in which the assets of related debtor entities are placed into a single vehicle subject to the undifferentiated claims of all the creditors. Doing so resolves inter-debtor claims and vindicates the interests of creditors who thought they were transacting with a…

By Brad Emmons. Full text here. The Torture Victim Protection Act (TVPA) allows persons who have been subjected to torture or extrajudicial killing to pursue a tort action against “individual[s]” who have committed such actions “under actual or apparent authority, or color of law, of any foreign nation.” In the past decade, activists and human rights…