Corruption is not a small problem in Egypt and, in fact, threatens to undermine the state. The finance committee of the Egyptian parliament’s upper house, the Shura Council, confirmed this in a recently released report that has reportedly “created a firestorm.”… Continue Reading
Israel’s Teva Pharmaceutical Industries Limited said it was subpoenaed by the SEC because of potential FCPA compliance problems in Latin America.
Drug-maker Teva, one of Israel’s biggest companies, said in an SEC filing last week it is cooperating with the U.S.… Continue Reading
It turned out that the music didn’t die after all and the U.S. Fish and Wildlife enforcement of the Lacey Act against Gibson Guitar Corp. was justified.
On August 6, 2012, the Department of Justice announced it had reached a resolution of charges against Gibson Guitar for violations of the Lacey Act, which a 111-year-old law, that originally enacted to protect wildlife.… Continue Reading