corruption

Inside Experts: Be smart about successor liability

By Howard Sklar | September 21, 2012

Within the movement to “reform” the Foreign Corruption Practices Act (FCPA), one of the key platforms is limiting or eliminating successor liability. Holding one company responsible for the prior bad acts of a different company seems wrong.
Litigation: Comparing the cross-border reach of the FCPA and the UK Bribery Act

By Nicole Sprinzen | July 19, 2012

Foreign-reaching enforcement of the Foreign Corrupt Practices Act’s (FCPA) prohibitions on corrupt payments to foreign officials is alive and well.
HSBC chief compliance officer steps down

By Cathleen Flahardy | July 18, 2012

It’s a rough time to be a bank executive—but even worse when the bank you work for is associated with money laundering by Mexican drug cartels and has ties to banks that may help fund terrorist groups, including Al Qaeda.
Delaware judge reprimands two plaintiffs in Wal-Mart bribery case

By Alanna Byrne | July 17, 2012

Two pension funds suing Wal-Mart Stores Inc. for allegedly covering up widespread bribery apparently forgot they were on the same side in the case, earning a tongue-lashing from a Delaware judge.
7 risk and compliance threats facing in-house counsel

By Melissa Maleske | July 1, 2012

Plus, 10 tips for implementing and maintaining a successful corporate compliance program
Despite some progress, corruption still a widespread concern in Latin America

By Alanna Byrne | June 18, 2012

If recent news reports are any indication, bribery, corruption and fraud are still global concerns. Evidently, Latin America is no exception, according to the recently-released Latin America Corruption Survey from Miller & Chevalier and Matteson Ellis.
Litigation: It’s the little things that make a difference

By Nicole Sprinzen | June 7, 2012

When we think of Foreign Corrupt Practice Act (FCPA) enforcement, what comes to mind are the nearly monthly headlines about multi-million dollar criminal settlements resulting from hundreds of thousands or millions of dollars in bribes to foreign officials.
SEC targets execs, auditors in Biomet FCPA case

By Melissa Maleske | May 30, 2012

Top officials and auditors allegedly failed to stop bribery
Siemens’ GC talks to NPR about bribery

By Cathleen Flahardy | May 1, 2012

While Wal-Mart Stores Inc. made big headlines last week when it came to light that executives at its Mexican subsidiary, Wal-Mart de Mexico, may have engaged in rampant bribery, the big-box retailer was far from the first large company to be thrown into the middle of this type of scandal....
SuperConference panelists discuss the top corporate fraud schemes

By Ashley Post, Julie Beck | April 23, 2012

During the breakout session titled “Top 10 Financial Shenanigans” on Day 1 of SuperConference, panelists discussed common instances of corruption that companies face on a global level, as well as ways in-house counsel and their auditing colleagues can spot and discourage bribery and fraud.