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Editors

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Harry Cassin
Publisher and Editor

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Andy Spalding
Senior Editor

Jessica Tillipman FCPA Blog

Jessica Tillipman
Senior Editor

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Bill Steinman
Senior Editor

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Richard L. Cassin
Editor at Large

Elizabeth K. Spahn

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington

Cody Worthington
Contributing Editor

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Julie DiMauro
Contributing Editor

Tom Fox

Thomas Fox
Contributing Editor

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Marc Alain Bohn
Contributing Editor

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Bill Waite
Contributing Editor

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Russell A. Stamets
Contributing Editor

Richard Bistrong FCPA Blog

Richard Bistrong
Contributing Editor

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Eric Carlson
Contributing Editor

Posts Tagged: Tidewater Inc.

SEC Posts Cases Eligible For Whistleblower Rewards

Richard L. Cassin November 10, 2011

The SEC’s Office of the Whistleblower (yes, it’s real) published its first list of enforcement actions that might be eligible for whistleblower rewards. It includes FCPA-related cases.

On the November 1 list — under the heading of ‘Claim an Award’ — are completed enforcement actions against companies and people that resulted in judgments or orders issued after July 21, 2010 with sanctions of more than $1 million.… Continue Reading

Who Paid FCPA-Related Fines Overseas?

Richard L. Cassin August 8, 2011

Here’s a list of fines paid overseas for bribery by companies that have settled FCPA enforcement actions.

There may be others but these are what a friend of the FCPA Blog has found so far.… Continue Reading

Will Nigeria Take Another Bite?

Guest Contributor August 4, 2011

By Marcus Cohen, David Elesinmogun & Obumneme Egwuatu

The penalty for paying bribes in Nigeria may increase following demands from a Nigerian NGO that the Nigerian government seek its share of the recent anti-graft bounty. … Continue Reading

Compliance And Enforcement: By The Book

Richard L. Cassin December 6, 2010

The case made headlines last month when seven companies settled FCPA-related charges for $236.5 million dollars.

Logistics company Panalpina was named, along with its customers Shell, Transocean, Pride, Tidewater, Noble, and GlobalSantaFe.… Continue Reading

Seven Companies Settle For $236.5 Million (Updated)

Richard L. Cassin November 4, 2010

Making history today for the most companies to simultaneously settle FCPA-related violations, Global logistics firm Panalpina and five of its oil-and-gas services customers resolved charges with the DOJ and SEC, and another customer settled with the SEC only.… Continue Reading

Tidewater’s Numbers

Richard L. Cassin October 26, 2010

Tidewater Inc. on Monday pre-announced a $4.35 million after-tax charge for general and administrative expenses “related to an agreement in principle with the United States Department of Justice to resolve the previously disclosed Foreign Corrupt Practices Act investigation.”… Continue Reading

Tidewater’s Cool Deal

Richard L. Cassin July 15, 2010

Tidewater Inc., one of about a dozen oil-and-gas-services companies dragged into FCPA compliance problems a few years ago by Swiss logistics giant Panalpina, said in its latest annual report that it expects a settlement soon with the SEC and possibly the DOJ.… Continue Reading

Panalpina Expects Settlement Soon

Richard L. Cassin April 30, 2010

Swiss logistics giant Panalpina said yesterday it has reserved about $110 million for an expected FCPA settlement with the Justice Department and Securities and Exchange Commission and a seperate antitrust resolution.… Continue Reading

Aibel Pleads Guilty

Richard L. Cassin November 22, 2008

Aibel Group Ltd. of the United Kingdom pleaded guilty yesterday to violating the antibribery provisions of the Foreign Corrupt Practices Act and failing to comply with the terms of its prior deferred prosecution agreement.… Continue Reading

Panalpina Quits Nigeria

Richard L. Cassin August 19, 2008

Compliance concerns have forced Swiss logistics giant Panalpina to withdraw completely from the Nigerian domestic market. It said in its 2008 half-yearly report (available here) that it will sell its local operations to a Nigerian group and retain no ownership or operating interest.… Continue Reading