Monthly Archives: January 2012

International Law Advisories: Iran, Syria, Pakistan, China, UK, FCPA, and more

In brief FYI, recent news advisories from leading global law firms: Insurers Entitled To Judgment On Default Against Syria for International Act of Terrorism Under New U.S. Statute Federal Court Sides With SEC, Orders Hearing on SEC’s Subpoena to Deloitte (China) The New U.S. Sanctions Against Iran China Bulletin: Business Trade & Competition – January… Read more »

Nonprofit Law: A Legal Reading List

For your reference, here’s a roundup of recent legal commentary and analysis to do with the various issues and concerns particular to nonprofit organizations: On Misconduct… Can an Effective Whistleblower Policy Prevent Misconduct? (Ober|Kaler)  “It is not enough to have whistleblower policies on paper – executives of academic institutions, nonprofits and for profit organizations bear… Read more »

Anti-Corruption Update: Proposed New Laws in Canada and Brazil Bolster International Efforts

Companies doing business in Brazil or Canada (or both) will want to read two recent updates regarding proposed legislation that would give authorities additional tools and greater powers to fight corruption in those countries.  The first, from Osler, Hoskin & Harcourt LLP, provides an in-depth overview of proposed new laws that would strengthen Canada’s ability… Read more »

3 Compliance Takeaways from Aon’s $16.3 Million FCPA Settlement

In late December 2011, insurance broker Aon Corporation agreed to pay $16.3 million to the Department of Justice and the Securities and Exchange Commission to settle charges of Foreign Corrupt Practices Act violations in connection with payments its UK subsidiary made on behalf of government officials in Costa Rica and other countries. Aon’s subsidiary had… Read more »

FDA Proposes Social Media Guidance on Off-Label Drug Use

It’s estimated that one in five prescriptions treat ailments other than those for which the drug was originally intended. Off-label use of pharmaceuticals and medical devices, as this practice is called, is big business. But for manufacturers seeking to inform the public about the benefits and dangers of using medications off-label, it’s also risky business: while… Read more »

Redevelopment Agencies Eliminated in California Supreme Court Ruling

On December 29, 2011, the California Supreme Court upheld AB1X26, a bill designed to dissolve the nearly 400 redevelopment agencies across California and allow the state to recapture more than $1.7 billion previously earmarked for local projects. Because the Court also stopped AB1X27, which would have permitted the agencies to stay alive by surrendering a… Read more »