Appendice 17. Sample Letter from Compliance Division Following Issuance of Consent Order

• Pages: 1-4

APPENDIX 17 17-1

Sample Letter from Compliance

Division Following Issuance

of Consent Order

John Doe, Esq.

General Counsel

ABC International, Inc.

123 Broadway

Hometown, USA 12345

Re: ABC International, Inc., Docket No. C-1234

Dear Mr. Doe:

On April 1, 2013, the Federal Trade Commission issued its

Decision and Order in the above-referenced matter against ABC

International, Inc. (ABC). Paragraph II of the Order requires that ABC

divest the Widget Assets (as defined in Paragraph I(X) of the Order)

within nine (9) months after the Order becomes final. The Order became

final on April 10, 2013, the date on which it was served on ABC.

Accordingly, ABC must complete the divestiture by January 10, 2014.

Paragraph III of the Order provides for the appointment of a trustee to

accomplish the divestiture if ABC fails to divest by that date.

Additionally, Paragraph II(E) requires ABC to comply with the Hold

Separate Agreement pending divestiture.

Paragraph IV of the Order requires ABC to file a verified written

report (sixty-day report) concerning its compliance with Paragraph II of

the Order within sixty (60) days of the date the Order becomes final and

every sixty (60) days thereafter until ABC has fully satisfied the,

divestiture requirements of the Order. ABC’s first sixty-day report is due

on June 9, 2013.

In each sixty-day report, ABC should describe completely the

steps it has taken to accomplish the divestiture required by the Order.

Each report must contain all information and documentation specified in

Paragraph IV of the Order, and:

1. A list and description of all assets to be divested;