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Results:1-10 of 65

Anti-corruption & Bribery in France
  • Reed Smith LLP
  • France, Global
  • October 5 2018

A structured guide to anti-corruption and bribery in France


Ninth Circuit reverses FSIA exception; no commercial activity in the U.S. in Iraq’s Oil For Food Program
  • Cadwalader Wickersham & Taft LLP
  • USA
  • August 21 2012

Terenkian v. Republic of Iraq, No. 10-56708 (9th Cir. 2012), addresses the important international practice question of whether activity by a non-U.S. sovereign satisfies the “commericial activity” exclusion to the application of the Foreign Sovereign Immunicties Act, thus permiting the federal courts to excercise subject matter jurisdiction over a matter.


AWB case highlights concerns for directors in conducting business in high risk markets
  • King & Wood Mallesons
  • Australia
  • August 12 2012

Australias Criminal Code prohibition on the bribery of foreign public officials has been in force since December 1999


AWB case highlights concerns for directors in conducting business in high risk markets
  • King & Wood Mallesons
  • Australia
  • August 10 2012

Much recent attention has been devoted to the need for Australian companies to pay greater attention to managing the risks around bribery and corruption as regulatory enforcement attention increases in this area.


Ousama Naaman
  • Dorsey & Whitney LLP
  • USA
  • February 20 2012

Ousama Naaman, a former agent for specialty chemical manufacturer Innospec Inc., has received a 30-month sentence and a $250,000 fine for paying bribes to Iraqi government officials to win contracts under the former United Nations Oil for Food Program.


Even the bagman: foreign agent sentenced to thirty month prison term for FCPA violations
  • Sheppard Mullin Richter & Hampton LLP
  • USA
  • January 17 2012

On December 22, 2011, Ousama Naaman, a former agent for Innospec Inc., was sentenced to serve 30 months in prison and pay a fine of $250,000 following his guilty plea to charges of violating the FCPA and conspiracy to violate the FCPA, among others.


SFO recovers dividends from innocent shareholder
  • Dechert LLP
  • United Kingdom
  • January 13 2012

The UK’s Serious Fraud Office today (13 January 2012) announced a new development in its efforts to tackle corruption.


DOJ targets FCPA and anti-trust violations jointly
  • Sheppard Mullin Richter & Hampton LLP
  • USA
  • November 16 2011

On October 5, 2011, the U.S. Department of Justice (“DOJ”) and Bridgestone Corporation (“Bridgestone”) filed a plea agreement in U.S. District Court in which Bridgestone admitted to violating the Sherman Antitrust Act (15 U.S.C. 1) (“Sherman Act”) and the Foreign Corrupt Practices Act (18 U.S.C. 371) (“FCPA”).


Innospec Ltd: former executives charged with fraud and corruption offences
  • McGuireWoods LLP
  • United Kingdom
  • October 28 2011

Following the news that a former Business Unit Director of Innospec Ltd, David Turner, appeared before Westminster Magistrates' Court on Tuesday, charged with conspiring to make corrupt payments to public officials in Indonesia and Iraq, the Serious Fraud Office (“SFO”) announced yesterday that two further Innospec executives have now been charged with associated corruption offences.


OFAC, BIS double up flow serve: what the flowserve settlement says about corporate compliance programs
  • Sheppard Mullin Richter & Hampton LLP
  • USA
  • October 24 2011

In late September, Flowserve Corporation (“Flowserve”) and a number of its subsidiaries agreed to settle alleged export violations with the Department of Commerce, Bureau of Industry of Security (“BIS”) for $2.5 million, and to remit $502,408 to the U.S. Department of the Treasury, Office of Foreign Assets Control (“OFAC”) to settle alleged U.S. sanctions violations.