Wednesday, December 6, 2023

Logo Central America Link

Senior executives face more risk of US foreign corruption-act liability, says New York law firm Chadbourne and Parke

Wednesday, October 5, 2011

Bribes paid in Mexico, Central America and South America were most likely to prompt charges under the US Foreign Corrupt Practices Act in recent years, according to a study conducted by New York-based law firm Chadbourne & Parke. The study also found that senior executives of firms accused of paying bribes are most likely to find themselves in the dock.

The study was conducted by M. Scott Peeler, a partner at Chadbourne & Parke, who reviewed the circumstances surrounding 61 people who "were the subject of government-initiated civil or criminal action alleging FCPA violations in the past six years."

Original source: Trust Law