The DOJ and SEC and Petrobras, Brazil’s state-owned energy company, reached the largest settlement in the history of U.S. enforcement of the Foreign Corrupt Practices Act
FCPA
Petrobras Reaches $1.78 Billion FCPA Resolution
By Nicholas Berg, María González Calvet, David Peet & Eve Shabto | Ropes & Gray LLPSign up and get Breaking Energy news in your inbox.
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The Justice Department announced its first FCPA enforcement action in 2018.
This Week In Securities Litigation
By Thomas Gorman | Dorsey & Whitney LLP
The DOJ announced the formalization of a new FCPA cooperation policy built on the success of its Pilot Program.
Charges Unsealed Against Five Individuals, Including Two Executives, In Foreign Bribery Scheme Involving Rolls-Royce
By Shearman & Sterling LLP
On November 7, 2017, the DOJ unsealed charges against five individuals alleging violations of the FCPA in connection with an alleged foreign bribery scheme at Rolls-Royce plc
For those who might have wondered if the Sessions DOJ was going to enforce the Foreign Corrupt Practices Act, that question seems to have been answered in the affirmative.
When most people across the globe think of Rolls-Royce, one word comes to mind – excellence.
As Houston is still the epicenter of the Foreign Corrupt Practices Act (FCPA) enforcement world, it is probably not too surprising that the Petrobras scandal has reached the Lone Star state.
As widely reported in the national media, Quinn Emanuel achieved a stunning outcome in the trial of our client, Joseph Sigelman, the co-founder and former Co-CEO of a Colombian oil company called PetroTiger.
Oil is hovering around $50 per barrel. For most of the US economy this drop in oil price has provided a much-needed economic boost. One piece on the NPR website, entitled “Oil Price Dip, Global Slowdown Create Crosscurrents For U.S.”, said “economists have suggested the big drop in oil prices is a gift to consumers that will propel the economy.”
