A new British anti-bribery law taking effect in April, in certain ways more stringent than the Foreign Corrupt Practices Act (“FCPA”) in the United States, is worrying American drug companies enough begin strengthening existing […]
In September 2010, the Financial Crimes Enforcement Network (“FinCEN”) issued a Notice of Proposed Rulemaking that would increase the reporting requirements associated with cross-border electronic transmittals of funds (“CBETF”) for […]
IRS Finalizes Regulations Requiring Corporations to file Uncertain Tax Position Statements On December 15, 2010, the Internal Revenue Service (IRS) issued final regulations requiring certain corporations with both uncertain tax […]
Tax documents such as tax accrual work papers or tax memorandums often become case preparation materials when the taxpayer later presents himself in court to contest a deficiency assessed by the Internal Revenue Service (IRS).
We had earlier blogged on the indictment of Lauren Stevens, the former Vice-President and Associate General Counsel for GlaxoSmithKline for allegedly making false statements and obstruction of justice in regard […]
The federal government has yet again successfully enforced the Foreign Corrupt Practices Act (“FCPA”) as Alcatel-Lucent, the large Paris-based telecommunications company, has agreed to pay more than $137 million to […]
Recently, the court appointed receiver of Creative Capital Consortium, LLC, the organization at the center of a massive Haitian ponzi scheme, filed a civil suit in the United States District […]
An outbreak of salmonella has led to a second recall of produce this week. Yesterday, representatives from J&D Produce, Inc. announced that it was recalling its cilantro and parsley after […]
In its continuing ramp up of enforcement of the Foreign Corrupt Practices Act, (“FCPA”), the government recently announced the indictments of two former senior executives of Latin Node, Inc., a […]
On December 22, 2010, the United States Attorney’s Office for the Southern District of New York issued a press release, found here, regarding a former UBS client who entered a guilty plea to conspiring […]
