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Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington
Contributing Editor

Julie DiMauro
Contributing Editor

Thomas Fox
Contributing Editor

Marc Alain Bohn
Contributing Editor

Bill Waite
Contributing Editor

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

Bill Steinman
Contributing Editor

Delaware supremes unanimously affirm Walmart discovery order

The Delaware Supreme Court Wednesday affirmed a lower court order for Walmart to turn over files and documents from an internal FCPA investigation to plaintiffs in a civil shareholder suit.

Walmart had appealed an order last year by Delaware’s Chancery Court, arguing the materials requested by the plaintiffs were protected by attorney-client privilege.… Continue Reading

SFO charges Alstom UK unit for bribes

The Serious Fraud Office said Thursday it has started criminal proceedings “against an Alstom company in the UK by written charge.”

Alstom Network UK Ltd, formerly called Alstom International Ltd, a UK subsidiary of Alstom, was charged with three corruption offenses, and three counts of conspiracy to corrupt.… Continue Reading

B20 pushes rewards for country compliance

Australia PM Tony Abbott address the B20 SummitAt this year’s B20 Summit, held last week in Sydney, 400 business leaders laid out a blueprint to promote global economic growth and employment outcomes and make the global economy more resilient to deal with future shocks.… Continue Reading

NY Fed knocks Deutsche Bank financial reports

The Federal Reserve Bank of New York has found serious problems in Deutsche Bank’s U.S. operations, including poor financial reporting, weak technology and inadequate auditing and oversight.

A source told Reuters Wednesday that a senior official with the New York Fed said in a letter last December to the German bank’s executives that that financial reports produced by some of the bank’s U.S.… Continue Reading