Tag Archives: Foreign Corrupt Practices Act
Major Recent Developments in International Anti-Corruption
There have been some significant developments in the world of international anti-corruption laws in recent months. The following are a few examples: Greater transparency in corporate charging decisions. Assistant Attorney General of the Criminal Division of the Department of Justice Leslie Caldwell recently made a promise to increase transparency in the way the division issues […]
Texas Supreme Court to Weigh In on Shell Defamation Suit
The Texas Supreme Court recently agreed to hear Shell Oil Co.’s pending defamation case. Robert Writt, a former Shell employee, sued the company for defamation after Shell submitted a report to the Department of Justice about his alleged involvement in committing numerous violations of the Foreign Corrupt Practice Act (FCPA). It’s an interesting case — […]
Costs for FCPA Investigations Can Be Huge, Making Insurance Coverage Important
Investigations under the Foreign Corrupt Practices Act (FCPA) can quickly become extremely costly. In fact, Walmart recently spent more than $439 million within a two-year span on these types of investigations alone. While this is a rather extreme example, companies that have any sort of internal operations should at least be familiar with how they […]
