Topic: Business

Corruption Roundup: Biomet, UK and US Regulations, Sanctions in Burma and Europe, & More

For your reference, here is a roundup of recent law firm advisories covering corruption-related happenings around the globe. Ranging from Burma sanctions to Biomet settlements, see: Fools Rush In: Social and Environmental Due Diligence in Burma (Foley Hoag LLP) “… companies should consider how they would conduct business responsibly in Burma, were the investment-related sanctions to… Read more »

Most Popular Corporate Law Posts – Mar 2012

What’s on your mind? Human trafficking, the mortgage foreclosure settlement, investor visas to the US, and HIPAA compliance and violations, among other things. For your reference, here’s a look at the most-read Corporate Law Report posts over the past month: 1.California Transparency in Supply Chains Act Takes Effect January 1, 2012  “The California Transparency in… Read more »

What European Sanctions Mean for US Businesses

Law firm Dechert has produced a useful overview of the ever-expanding EU sanctions against Iran, Syria, and Belarus and their implications for US companies: “It is a common mistake for businesses to believe that if you are based in the US or compliant with US OFAC provisions, then EU sanctions do not apply to you.… Read more »

Energy Law Updates: Offshore Wind Farms, Solar Projects, Government Contracts, Hydropower, & More

For your reference, here’s a roundup of commentary on recent legal developments in the renewable and alternative energy industry:  Wind Power Offshore Wind Energy Development in Mid-Atlantic Moving Forward (Venable LLP) “Coinciding with the publication of the environmental assessment, [the Bureau of Ocean Energy Management (BOEM)] announced that it is soliciting statements of interest from… Read more »

Brazil Revises Foreign Bribery Bill

Brazil is making its foreign bribery bill easier to understand, which should help companies doing business in the country build and refine their compliance strategies. From anti-corruption lawyer Matteson Ellis: “The amendments clarify and boost the voluntary disclosure program, which should be a welcomed change for companies. In the earlier version, companies that self reported… Read more »

The Economic Espionage Act

Foreign corporate spying and the theft of trade secrets are alive and well, according to the federal government. And the Economic Espionage Act is an important tool in combatting such activities. From law firm Quinn Emanuel: “The [Economic Espionage Act] is a far-reaching law that criminalizes two distinct but related types of trade secret misappropriation:… Read more »

FCPA Definitions of “Foreign Official” and “Instrumentality” Remain Broad

International law firm White & Case has produced a useful overview of recent judicial decisions regarding the definition of “foreign official” and “instrumentality” of the government under the Foreign Corrupt Practices Act. Their analysis highlights an important issue for businesses that interact with foreign state-owned companies:  “… courts faced with challenges to charges based on… Read more »

FCPA: A Look Into The Future of Enforcement

Are the tactics of Foreign Corrupt Practices Act enforcement changing? That’s the question white collar and anti-corruption lawyer Mike Volkov ponders in Wiretaps — A New Tool for FCPA Enforcement?: “While the whistleblower rules are important and justify vigilant compliance efforts, there is a more significant, and possibly damaging, trend for FCPA enforcement. Corporations now… Read more »

Trade Compliance Handbook

Law firm Thompson Coburn has produced a comprehensive guide to compliance with United States trade laws for general counsel and others in the business of importing and exporting products, technology, and services. Of particular note are the 33-page “dictionary of trade terms” (from “ACE” to “Zone Status”), and in-depth summaries of the import and export… Read more »