Corporate

Recent Posts

The Easter Rebellion and Petrobras’ $17 Billion Write Down
Posted on 27 Apr 2015 by Thomas Fox

Ninety-nine years ago Friday the Easter Rebellion began. If there is one event that is seared into history as a turning point for Irish independence from Britain, it was the Easter Rebellion. England had finally granted Home Rule to Ireland in 1914 but... Read More

The B20 Anti-Corruption Working Group Is Focused on the Right Topic, But It Is Unlikely That There Will Be Meaningful Action
Posted on 27 Aug 2014 by Mike Koehler

This article was reprinted with permission from FCPA Professor Earlier this summer, the B20 Anti-Corruption Working Group released this report detailing various policy recommendations to combating corruption. As highlighted on its website , the... Read More

OCEG Illustrated Series: Managing Corruption Risks
Posted on 22 Mar 2012 by Thomas Fox

How do you move off dead center? That was a question posed by my colleague Mary Jones in a recent guest blog post. She gave several concrete steps in answer to her own question. This question was further explored in the January issue of the Compliance... Read More

International Anti-Corruption Enforcement Efforts
Posted on 10 Apr 2015 by Thomas Fox

While the US Foreign Corrupt Practices Act (FCPA) is still the most widely recognized and enforcement anti-bribery and anti-corruption law across the globe, there have been a number of initiatives which will lead directly to greater anti-bribery and anti... Read More

Bone-Headed Moves on the Football Field and Idiotic Statements About Corruption
Posted on 13 Feb 2015 by Thomas Fox

“ Three things can happen when you throw the football, and two of them are bad .” That football truism (allegedly) came from former Texas Longhorn head coach Darrell Royal. While he intoned it in a different era, Pete Carroll and his Seattle... Read More

Transparency International Guidance on Anti-Corruption and Anti-Bribery Due Diligence for M&A Transactions – Part I
Posted on 3 Oct 2011 by Thomas Fox

Transparency International (TI) recently released, in draft form for consultation, a White Paper entitled " Anti-Bribery Guidance for Transactions ." Although this version was preliminary draft, available for a commentary period and the ... Read More

Brazil and Anti-Corruption Legislation
Posted on 11 Mar 2011 by Thomas Fox

As one of the world's largest energy producing countries, many US companies have subsidiaries in Brazil, which are subject to the Foreign Corrupt Practices Act (FCPA). Most of these companies have translated versions of the US FCPA compliance program... Read More

Bad News Barnes and China’s Overseas Efforts to Fight Corruption
Posted on 18 Sep 2014 by Thomas O. Gorman

Marvin ‘Bad News’ Barnes died last week. Barnes probably summed up the state of professional basketball more than any one person in the 1970s. He was enigmatic, supremely talented, defiantly self-indulgent, fell prey to drugs and alcohol and... Read More

Bad News Barnes and China’s Overseas Efforts to Fight Corruption
Posted on 18 Sep 2014 by Thomas Fox

Marvin ‘Bad News’ Barnes died last week. Barnes probably summed up the state of professional basketball more than any one person in the 1970s. He was enigmatic, supremely talented, defiantly self-indulgent, fell prey to drugs and alcohol and... Read More

The United Nations Convention against Corruption: A New Focus?-Part I
Posted on 7 Sep 2011 by Thomas Fox

Ed. Note-today I begin a two-part series on the attempts to invoke the United Nations Convention against Corruption in the FCPA context. This article is written jointly with my colleague Mary Shaddock Jones. In an article published in the August... Read More

The Worst Conflict of Interest Move of All-Time (at Least Since Enron)
Posted on 13 Dec 2011 by Thomas Fox

Last week, I observed one of the worst actions by a major league sports commissioner in my lifetime. Not the worst, as I will give that "worst award for a decision made by a sports commissioner in my lifetime", to either of two Baseball Commissioners;... Read More

The United Nations Convention against Corruption: A New Focus?-Part II
Posted on 8 Sep 2011 by Thomas Fox

Ed. Note-Yesterday we began a two part series on the attempt by the NGO SERAP to invoke the United Nations Convention against Corruption on certain FCPA related matters. Today we conclude our series. This article is written jointly with my colleague... Read More

Earl Scruggs: Banjo, Bluegrass and the Fight against Corruption and Bribery
Posted on 3 Apr 2012 by Thomas Fox

Last Thursday, Earl Scruggs died. He was one of the musician's most responsible for my development in learning about, and appreciating, different styles of music. For musicians, he basically invented and then popularized the 3 finger picking style... Read More

The Five Essential Elements of a Corporate Compliance Program – Part II
Posted on 12 Sep 2012 by Thomas Fox

Yesterday, Stephen Martin and I co-presented at a Foreign Corrupt Practices Act (FCPA) event hosted by Kreller. If you are in or near Chicago, I hope that you can join us for this presentation. The title of our presentation is " Anti-Corruption/FCPA... Read More

Kroll and Compliance Week Survey Anti-Bribery and Anti-Corruption
Posted on 30 May 2013 by Thomas Fox

Not many people realize that the US has elected one president who served as a prisoner of war. That man was Andrew Jackson, who was captured by the British during the Revolutionary War. Now, can you name the American President who killed another man... Read More