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US Department of Justice investigation into hedge fund activities
- McDermott Will & Emery
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- USA
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- March 9 2010
To be certain of avoiding financial and criminal penalties for infringement of US and EU rules on anti-competitive behaviour, hedge funds should remain vigilant in applying basic antitrust principles in all communications with competitors
Compliance warning for "dawn raids"
- McDermott Will & Emery
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- European Union
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- June 8 2010
On 4 June 2010 the European Commission announced that it had opened formal proceedings against French group Suez Environnement concerning an alleged breach of a seal affixed during a Commission on-site inspection ("dawn raid") at the premises of the group's subsidiary, Lyonnaise des Eaux in April of this year
