SK Innovation avoids US import ban with $1.8 billion settlement

LG Chem and SK Innovation resolved the closely-watched trade secret theft dispute with a settlement negotiated with the help of senior members of the US and South Korean governments.

12 April 2021

SFO opens fraud probe into companies behind car leasing investment scheme

The agency is investigating Raedex Consortium, which entered administration in March shortly after an FCA order to halt regulated activities over serious concerns about its finances.

09 April 2021

When should anti-corruption compliance use machine learning?

Featured in In-house

An anti-corruption non-profit has published guidance aimed at helping companies answer that question.

08 April 2021

People News: former Hong Kong SFC official leaves Clifford Chance

In the latest people news round-up, a former senior official at Hong Kong’s securities regulator has left Clifford Chance for a local firm, and four firms have hired outgoing US attorneys.

08 April 2021

First Circuit hears arguments on FCPA retrial ruling

While the DOJ said a federal judge unfairly overturned a verdict in a Haitian bribery case, the defence said the trial was completely skewed when a lawyer “all but gave up”.

07 April 2021

Ex-Serco executive alleges SFO case against him “doesn’t make sense”

The counsel for a former operations manager at Serco has argued in a London court that the SFO’s fraud allegations against his client are illogical and unfair.

07 April 2021

DOJ oil trading case turns to ex-Gunvor employee

Gunvor, a Geneva-based energy trading company, says it is cooperating with the US bribery investigation.

06 April 2021

IDB sanctions procedures immune from lawsuits, DC court says

A federal judge said US courts are no place for individuals and companies to raise concerns about a multilateral development bank’s alleged due process failings.

06 April 2021

Unsealed records show another Citgo prosecution

A former Citgo official had been cooperating with the US government’s investigation into Venezuelan corruption and was set to testify at the trial of an ex-colleague, recently unsealed court records show.

06 April 2021

Gibson Dunn nabs two high-profile prosecutors

Maryland’s former top federal prosecutor Robert Hur joins the firm, while David Burns returns after serving in senior roles at the Justice Department.

06 April 2021

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