The government has a pending kelptocracy action against Chun Doo-hwan attempting to forfeit the former strongman’s assets.
The SFO arrested two men in the corruption probe in February.
The opposition to Lawrence Hoskins’s motion to dismiss offers a rare glimpse into the government’s view of mostly untested areas of the foreign anti-bribery law.
Five takeaways from the Second Circuit’s decision that the district court was justified in dismissing Liu’s claim
The U.S. kleptocracy action is being contested by the family of former South Korean strongman Chun Doo-hwan.
A Taiwanese citizen working in China for a Germany company who is fired for reporting allegedly corrupt contracts in North Korea isn’t covered by United States anti-retaliation whistleblower protections, the Second Circuit rules.
Following an informal inquiry into corruption made by Veraz Networks Inc. prior to its acquisition by Dialogic.
A purported class action was brought against PetroChina following news reports of the company being investigated for corruption by Chinese authorities.
Foreign entities and individuals be on notice: The U.S. Department of Justice (“DOJ”) and Securities and Exchange Commission (“SEC”) are actively bringing Foreign Corrupt Practices Act (“FCPA”) cases based on activities that occur wholly outside the United States. In its latest foray into this area, the DOJ charged a South Korean national with an FCPA violation, not for any connection with the U.S. but for conspiring to violate the FCPA and aiding and abetting a U.S. company to pay a bribe to a foreign official. On 18 June 2014, the Ninth Circuit rejected his attempt to challenge the court’s jurisdiction from his home country of South Korea.
An appeals court dismissed Pemex’s RICO claim last month, ruling the case did not have a U.S. tie.
Hoskins is the only former Alstom executive charged by the government for alleged bribery in Indonesia who was employed at the parent company.
Hong Kong’s court of appeal previously overturned two bribery conspiracy convictions on the grounds that an anti-bribery law doesn’t apply outside the city.
US companies may be at increased risk as a result of India’s well intended new law surrounding Corporate Social Responsibility.
Entering into new, international markets may be good for developing business, but it also carries certain risks. This is particularly true in many countries where doing business may include making gifts, paying gratuities and even bribes. The difficulties can be compounded if adequate preparations are not undertaken, including bolstering internal controls and ensuring that adequate FCPA compliance procedures. Firearms manufacturer Smith & Wesson Holdings Company, learned this lesson the hard way. In the Matter of Smith & Wesson Holdings Corporation, Adm. Proc. File No. 3-15906 (July 28, 2014).
The Massachusetts-based weapons manufacturer came under scrutiny in connection with the failed “Africa sting” prosecution of 22 arms brokers, but the SEC charged unrelated conduct in Pakistan, Indonesia and elsewhere.
Clip from President Obama and Eric Holder announcement of Holder's resignation.
RACHEL MADDOW SUMS UP HOLDER's TENURE: One of the "most consequential" attorneys generals in history faced irrational conservative hatred, MSNBC host says.