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Abstracts prior to volume 5(1) have been archived!

Issue 5(1), October 2010 -- Paper Abstracts
Girard  (p. 9-22)
Cooper (p. 23-32)
Kunz-Osborne (p. 33-41)
Coulmas-Law (p.42-46)
Stasio (p. 47-56)
Albert-Valette-Florence (p.57-63)
Zhang-Rauch (p. 64-70)
Alam-Yasin (p. 71-78)
Mattare-Monahan-Shah (p. 79-94)
Nonis-Hudson-Hunt (p. 95-106) 



JOURNAL OF LEADERSHIP, ACCOUNTABILITY AND ETHICS


Accountability Asset Recovery: A Leadership & Sustainability Initiative Receivership Is NOT Releasership


Author(s): Monika L. Sheldon-London 

Citation: Monika L. Sheldon-London, (2021) "Accountability Asset Recovery: A Leadership & Sustainability Initiative Receivership Is NOT Releasership," Journal of Leadership, Accountability and Ethics, Vol. 18, Iss. 3, pp 21-35

Article Type: Research paper

Publisher: North American Business Press

Abstract:

For effective recovery of qualified assets, receivership is not releasership--the improper disposition ofrecovered assets. Disposition of assets being the technical terminology utilized by asset recovery andinsolvency practitioners to motion the court to release recovered assets held in their custody. According tothe IMF, insolvency practitioner overreach has become macro-critical to the stability of the global financialsystem. Anti-money laundering, countering the financing of terrorism, preventative measures and theproceeds of crime acts, 2003 and 2009 for the common law legal system and 2005 for the civil law legalsystem under pinning AML-CFT international cooperation could have become captured for personalpurposes by the participants in the very network groups involved in its creation. Investigating therelationship through the lens of Operation Rotten Tomato, the case studying conversion, through Chapter11 Bankruptcy, of property qualified for recovery based on suspicion or reasonable grounds to suspectunproven wrongdoing. Implementation of the United Nations Convention Against Corruption a systemicexperimentation in public policy failure, information asymmetry and principal agent problems.