government's interest in the forfeitable
funds overrode the
payable on the Forfeitable
Shares will also be held in the Trust subject
Therefore, the cumulative effect of the arguments set out above is that it will often be possible to justify using forfeiture as a means of providing compensation for victims when a third party's interest in the forfeitable
property is already defective.
There is a fundamental contradiction between a fiscal system that insists that all illegally earned income be taxable, and a justice system that insists that all illegally earned income be automatically forfeitable
to the state.
DEP'T OF JUSTICE, Introduction to CRIMINAL FORFEITURES UNDER THE RICO AND CONTINUING CRIMINAL ENTERPRISE STATUTES 1 (1980) ("It is official Department policy that forfeiture should be vigorously sought in every RICO or CCE prosecution where substantial forfeitable
The basic outline of the debate is as follows: Defendants have been prevented from using forfeitable
assets to pay attorneys' fees.
A service provider's interest in the fund is "vested" if it isn't forfeitable
The property nonetheless is forfeitable
because of a centuries-old legal fiction that says the property itself is "guilty.
The Court of Appeals for the Fourth Circuit agreed with Darden that his interest in the company's retirement plan was not forfeitable
291) Section 1963(c) codifies the "relation-back" doctrine, under which "all right, title, and interest" in forfeitable
property immediately vests in the government at the time of the [section] 1962 violation despite the defendant maintaining physical possession of the property until a forfeiture order is issued.
DEA believed that forfeitable
assets tied to the sale of LCB were maintained in escrow at Banque Libano-Francaise totaling approximately $150 million.
TO say that papers used to commit crimes are forfeitable
and may be seized is not tantamount to saying that other chattels may not be seized unless they are forfeitable
4596%) *of which 23,521 shares represent forfeitable
shares awarded on 25 March 2010 pursuant to a Lancashire Holdings Limited bonus deferral scheme
Shortly thereafter the Justice Department cut a deal with one of Hallinan's clients, a marijuana smuggler, allowing him to keep more than $4 million in forfeitable
profits from drug dealing in exchange for his testimony implicating Hallinan in a drug conspiracy.
Typically, amounts deferred under an unfunded nonqualified arrangement will not be forfeitable