Skip to content

Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Bill Steinman
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

Search Results for: label/Joint Ventures – Page 2

Technip’s €245 Million FCPA Charge

French company Technip said on Friday in its fourth quarter earnings release that it has reserved €245 million for an exceptional charge related to a potential settlement of Foreign Corrupt Practices Act offenses with the Justice Department and Securities and Exchange Commission for its role in the TSKJ Nigeria joint venture. The company said: As […]

Read More »

Why We Keep Plugging

It’s a familiar and unwelcome moment. Those on the other side of the table spot the FCPA compliance language for the first time: The joint venture and all its personnel shall comply in all respects with the requirements of the United States Foreign Corrupt Practices Act. Faces darken. The mood in the room goes sour. […]

Read More »

Baxter confirms China payment offenses

Drug and medical device maker Baxter International Inc. told the Wall Street Journal last week that following whistleblower complaints, it investigated allegations and found improper expense payments by a China joint venture.

Read More »

When ‘conflicts of interests’ are good

[…] there is no gray area in between. But is that always true? In Asia, where I practiced law for two decades, parties coming together to form joint ventures would often use only one lawyer to negotiate and draft the documents. The lawyer (me) would technically be retained by only one of the parties, and […]

Read More »

Technip in $338 Million KBR – Related Settlement

Paris-based Technip S.A., an engineering and construction firm that’s part of the oil and gas services industry, has resolved FCPA-related charges with the DOJ. It agreed to pay a $240 million criminal penalty and enter into a deferred prosecution agreement. It also settled a civil complaint filed by the SEC by paying $98 million in […]

Read More »