‘International Litigation’ Category

China Investigates Novartis for Possible Foreign Bribery

September 3, 2013 — The U.S. Foreign Corrupt Practices Act (FCPA) makes it a crime to boost business abroad by bribing foreign officials. And the Dodd-Frank Act of 2010 gives tipsters with information about foreign corrupt practices a way to do the right thing. Whistleblowers who notify the Department of Justice (DOJ) or the Securities and Exchange Commission (SEC) concerning FCPA...

SEC Investigates Ericsson for Bribery in Romania

July 18, 2013 — The U.S. Foreign Corrupt Practices Act (FCPA) makes it a crime for international corporations to compete for business abroad by paying bribes to foreign officials. Neither is it permitted to pay an “agent” to make the actual payments. The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) of 2010 offers whistleblowers inside the business a way to take...

LyondellBasell May Face FCPA Investigation Over Kazakh Payment

June 25, 2013 — The U.S. Foreign Corrupt Practices Act (FCPA) makes it costly for businesses that consider bribery to be a routine expense when conducting business overseas. Under the FCPA, businesses are forbidden to transfer anything of value to foreign officials or their family members as a means of securing contracts. When company insiders uncover illegal bribery schemes, they should not...

Archer Daniels Midland Reserves $25 Million to Settle FCPA Probe

May 21, 2013 — Many multi-national companies have taken a “Don’t Ask, Don’t Tell” approach over the years to monitoring their foreign units’ compliance with the U.S. Foreign Corrupt Practices Act (FCPA). Under the FCPA, companies are prohibited from attempting to obtain or retain a business advantage in a foreign state by paying bribes — cash or otherwise — to foreign...

Panasonic Avionics Subject of Bribery Probe

April 11, 2013 — Under the U.S. Foreign Corrupt Practices Act (FCPA), it is a crime to solicit business in a foreign country by paying any kind of bribe to a foreign official or the official’s family members. Many companies view bribe-making as a necessary evil in order to conduct business in countries where anti-corruption efforts are lax. Multi-national companies may pressure their...

BHP Billiton Denies FCPA Violations in Connection With Beijing Olympics Sponsorship

March 28, 2013 — Multi-national companies should now be acquainted with the U.S. Foreign Corrupt Practices Act (FCPA), an anti-bribery law making it illegal to shower foreign officials with gifts or cash in an attempt to gain a business advantage. When companies do engage in conduct that violates the FCPA, insider informants who notify U.S. federal authorities may be entitled to financial...

DOJ and SEC Investigating Microsoft FCPA Allegations

March 26, 2013 — Under the Foreign Corrupt Practices Act (FCPA), paying kickbacks to foreign officials to secure a business advantage is illegal. Some companies continue to ignore the statute, claiming that paying bribes is simply the “cost of doing business” in foreign countries. They may try to pressure employees in foreign offices to keep quiet about the illegal practice, or to...

Beam Inc. Joins Multinational Corporations Investigating FCPA Allegations in India

February 22, 2013 — Violations of the Foreign Corrupt Practices Act (FCPA) are serious offenses, and multinational corporations need good policies and strict monitoring programs to detect and prevent problems. The FCPA forbids the payment of bribes or financial inducements to foreign government officials for the purpose of establishing or retaining a business advantage. Further, the FCPA...

Wal-Mart’s FCPA Investigation Expands to India

November 19, 2012 —Wal-Mart’s joint venture with Bharti Enterprises, called Bharti Walmart, is facing its own problems with the Foreign Corrupt Practices Act (FCPA), the law that prohibits companies from paying bribes to foreign officials and requires that companies follow certain accounting practices to prevent money from being accessible for corrupt purposes. The company has asked...

The Top Five FCPA Cases: Bribery in Bulk

April 6, 2012 — There was a time not so long ago when paying foreign officials to smooth the way through legal proceedings or to win a contract was all standard practice. No one paid much attention. The Watergate scandal in 1973 brought the issue of corporate bribery to the forefront as the SEC and the Justice Department investigated Nixon’s illegal campaign contributions and found...

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