Squire Sanders is top-ranked in Legal Week's annual Client Satisfaction Report, a survey ranking the UK's largest law firms according to feedback from the UK's largest companies.
|
FCPA Due Diligence in Acquisitions
January 2010
With recent increases in Foreign Corrupt Practices Act (FCPA) enforcement investigations by the Department of Justice (DOJ), due diligence has become a requirement for US-based companies engaged in acquisitions outside the United States. Requirements include investigating consultants, limiting travel expenditures for “foreign officials” and drafting contract provisions that provide post-acquisition protection.
In this article, Squire Sanders lawyers Rebekah J. Poston, David A. Saltzman and Gregory W. Bates present a real life scenario to demonstrate the lengths to which a publicly traded US-based company must go in performing FCPA due diligence when it decides to acquire an enterprise in another country known for its corruption.
This article was originally published in the January 20, 2010 edition of The Review of Securities & Commodities Regulations and is reprinted with permission.
|
Squire Sanders selected as a go-to law firm for 2012 by in-house law departments at Fortune 500 companies.
|