FCPA-Inspired UK Bribery Act Projected to Hit the Oil and Gas Industry Hardest

The UK Bribery Act, anticipated to be the new international gold standard in anti-corruption, is scheduled to take effect on July 1, 2011, and, according to a recent study by Ernst & Young, it will hit the oil and gas industry the hardest. Ernst & Young’s news release revealed some troubling statistics regarding bribery prosecutions under…

Dodd-Frank Whistleblowing Claims Require Personal and Direct Reporting to SEC

As originally published in Forbes (May 10, 2011). In Egan v. TradingScreen, Inc. (S.D.N.Y. May 4, 2011), U.S. District Court Judge Leonard Sand held that relief under the Securities Whistleblower Incentives and Protection provisions of the Dodd-Frank Act (“Dodd-Frank”) is predicated upon the whistleblower’s personal and direct disclosure of all relevant information directly to the…

Protecting Your Corporation Against FCPA Liability in Mergers & Acquisitions

As originally published in Forbes (Mar. 28, 2011). The Foreign Corrupt Practices Act (“FCPA”) prohibits U.S. companies and citizens, foreign companies listed on a U.S. stock exchange, or any person acting while in the United States, from corruptly paying or offering to pay, directly or indirectly, money or anything of value to a foreign official…