Litigation
Mar. 3, 2012
White-collar lawyers await new FCPA guidance
As the Department of Justice prepares to release new "guidance" on the reach and meaning of the Foreign Corrupt Practices Act, lawyers are watching to see whether a policy change creates more litigation and fewer settlements.
Daily Journal Staff Writer
After years of complaints from pro-business groups that a U.S. statute prohibiting overseas bribery is too vague, the U.S. Department of Justice agreed last fall to issue new guidance to clarify any vagaries in the law.
Since then, there's been radio silence.
That's put defense lawyers on edge about how the forthcoming guidance about the Foreign Corrupt Practices Act - which bars bu...
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