LATAM, a commercial airline based in Chile, has agreed to pay a combined US$22.2 million to the US government to resolve allegations it bribed Argentine union officials to obtain favourable labour contracts.
25 July 2016: In today’s news, Mexico amends its new anti-corruption law, and a report says Indian authorities seek information from the US about snack food conglomerate Mondelez.
The US Court of Appeals for the Eighth Circuit has upheld the dismissal of a consolidated shareholder derivative action against Wal-Mart following a 2012...
HSBC has slammed a former Brooklyn judge’s “egregious” decision to release a sensitive monitor report tied to the UK bank’s 2012 deferred prosecution agreement, in a sharply worded brief filed with the US Court of Appeals for the Second Circuit on 21 July.
22 July 2016: In today’s FCPA news, JP Morgan Chase is reportedly nearing an agreement with US authorities to settle charges that its hiring practices in Asia violated the Foreign Corrupt Practices Act.
Elaine Greenberg, a former senior official in the SEC’s enforcement division, has joined Greenberg Traurig’s litigation team in Washington, DC.
Holland & Knight has hired two partners from Schulte Roth & Zabel to strengthen its Foreign Corrupt Practices Act team, the firm announced on 21 July.
21 July 2016: In today’s news round-up, Just Anti-Corruption takes a look at the fallout from the Justice Department’s kleptocracy case involving Malaysia’s investment fund 1MDB, and Unaoil hires investigations lawyers in response to a UK corruption probe.
The Justice Department is seeking the forfeiture of over US$1 billion in assets – including an interest in the Hollywood movie The Wolf of Wall Street – linked to funds stolen from Malaysia’s sovereign wealth fund 1MDB.
20 July 2016: In today’s news round-up, federal prosecutors look to impose a money judgment on a defendant in the PDVSA corruption case, and Amsterdam-based telecoms company VimpelCom, which settled FCPA charges in February, hires a new chief compliance officer.
How an invite-only, corporate-funded NYU Law School programme with ties to DOJ fraud section chief Andrew Weissmann became a leading forum for discussing the latest white-collar enforcement policies.
Why a pair of former executives at construction management company Louis Berger Group received different sentences after pleading guilty to the same FCPA charges.
A former senior vice president of construction management company Louis Berger International, Richard Hirsch, was sentenced on 8 July to two years probation and a US$10,000 fine for his part in a foreign bribery scheme.
Why the legal industry is struggling to get to grips with the idea of in-house lawyers blowing the whistle on their employers.
Senior fraud section prosecutor Patrick Stokes is leaving the Justice Department for a law firm with one of the most prominent FCPA practices in the US.
A ruling by the US Supreme Court could give defence lawyers leverage to fight back against expansive interpretations of the Foreign Corrupt Practices Act.