Business Ethics and Long Arm Enforcement – the New Paradigm
Background:Having studied law at Bristol University, David Bermingham spent five years as an officer in the Royal Artillery before becoming a banker in 1989. An otherwise successful career in the City came to an abrupt end in 2002 when he and two colleagues were accused by the US Government of stealing $7 million from their employer, NatWest, in a deal involving the bankrupt US energy giant Enron. That episode, which is the subject of his book A Price to Pay, would culminate in extradition to Texas, and ultimately a spell in ten different prisons on two continents before his eventual release from custody in early 2010.
Since then, David has been an ardent campaigner for change to the UK's extradition laws, and has given evidence to two separate Parliamentary Committees on the subject. He continues to give help and guidance to others going through the same nightmare of extradition that he and his two colleagues did, and advice on the best way to limit the damage after extradition, including in repatriation from overseas prisons. He also gives advice to major corporates on the subject through his consultancy DB Strategic Consulting.
David has frequently appeared on TV and radio, and in the print media, and regularly gives keynote addresses at business conferences on the topic of US enforcement.
He lives in Oxfordshire with his wife and three children.