Region: United States of America

UK obtains rare export controls conviction of recidivist company

The UK subsidiary of a Fortune 500 company received a four-figure fine “that just makes the UK look foolish” according to one expert.

02 June 2023

US judge trims bribery case against former Vitol trader

US District Judge Eric Vitaliano found the Eastern District of New York was not the right venue to charge Javier Aguilar for an alleged bribery scheme that took place in Houston, Texas. However, he did not dismiss money laundering charges related to the scheme.

01 June 2023

BIS memo “shifts equation” for companies considering voluntary disclosure of illegal exports, lawyers say

The memo stresses that the US Department of Commerce considers failure to disclose a significant violation of export controls an aggravating factor in the context of a corporate resolution.

31 May 2023

US prosecutors oppose early release for former FIFA official

Prosecutors say Juan Napout’s health issues and good behaviour don’t justify an “extraordinary” sentence reduction given the seriousness of his crimes.

31 May 2023

Consulting firm to pay $2.5 million for South African bribery

A research and consulting company reached a no admit, no deny settlement with the SEC resolving a probe into an alleged scheme to bribe public officials in exchange for government contracts.

30 May 2023

Counsel Watch: Chinese businessman hires London lawyers to fight US extradition

In the latest counsel watch, the chief executive of a Chinese real estate company has lawyered up to battle extradition to the US, and more firms have helped banks reach settlements over their employees’ use of personal messaging apps.

30 May 2023

Neil Gerrard: ENRC is secretly funding lawsuits to “exact personal revenge”

Retired Dechert partner Neil Gerrard has accused a Kazakh mining company of secretly “coordinating and funding” a series of UK lawsuits against him.

26 May 2023

Judge scraps US investor lawsuit against Ericsson over Iraq corruption probe

US District Judge William Kuntz found the Swedish multinational’s public statements and disclosures on the internal investigation were too vague to have misled shareholders.

25 May 2023

TI asks the Netherlands and US to reopen OPL 245 investigations

25 May 2023

Baker McKenzie member firm raided in Peruvian Car Wash investigation

24 May 2023

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