The Long Arm of the FCPA

Picture this: You're the CEO of an up-and-coming software company based in Bombay. You've recently completed a major project somewhere in Central Asia. Getting the contract wasn't easy, and you had to make a "personal payment" to a government official. And there was that Swiss watch which you "gifted" to the Minister. But you're not bothered about that anymore - you've just listed on the NYSE and the money is rolling in. Well, think again. That listing might suddenly prove a little more inconvenient.

The Long Arm of the FCPA barandbench.com barandbench.com Sat, Oct 10, 2009