Apr
24
2024
In March 2024, multinational commodities trader Trafigura Beheer BV entered into a settlement with the Department of Justice over the company's bribes to Brazilian officials with ties to state-owned oil company Petrobras. The company admitted the bribery and agreed to pay approximately $127 million.
The...
Jun
22
2023
Anti-Corruption Report quoted Calli Law Managing Partner Paul Calli's analysis in its June 21, 2023 article on the SEC enforcement action against PokerStars owner Flutter Entertainment. According to Mr. Calli, observers should ask whether FCPA enforcement is "merely a tried and true cash cow...
Nov
15
2021
The Anti-Corruption Report quoted Calli Law Managing Partner Paul Calli in its recent analysis of Credit Suisse’s $547 million settlement arising from foreign bribery allegations. As Anti-Corruption Report summarizes:
In the FCPA world, it can take quite a while for the other shoe to fall....
Jul
03
2019
Paul Calli was quoted by Anti-Corruption Report in its recent article, “U.S. Indicts Eight Foreign Nationals in Connection with a $2 Billion Scheme in Mozambique.” Mr. Calli discussed trial strategy in Foreign Corrupt Practices Act cases.
In an area of the law notorious for the...
Jun
03
2016
Paul Calli was quoted by Policy and Regulatory Report (PaRR) in an article on criticisms of the Department of Justice’s recent Foreign Corrupt Practices Act “guidance” – the Yates Memorandum. In short, the Yates Memorandum urges companies to self-report FCPA violations, but gives little...
Mar
21
2016
On March 18, 2016, Paul Calli was interviewed by the FCPA Professor Blog for the FCPA Flash Podcast.
Paul Calli discussed the current Foreign Corrupt Practices Act enforcement environment, including the Department of Justice's poor trial record in FCPA cases, factors that may contribute to...
Oct
07
2015
This Johnny Cash song is an appropriate background song for this post.
Following a lifetime of lying , cheating and stealing, Friday night it all caught up to Richard Bistrong and he turned himself in to serve his 18 month prison sentence at the United States Penitentiary...
Oct
07
2015
At least, that’s the apparent directive if you’re a DOJ prosecutor tasked with trying to win the ever-elusive conviction against an individual DOJ claims violated the FCPA.
Earlier this month, Deputy Attorney General Sally Yates issued a memorandum titled “Individual Accountability for Corporate Wrongdoing.”
Taking into...
Jul
01
2015
From Calli Law's July 1, 2015 article on FCPA Professor
In mid-June, the FCPA prosecution of Joseph Sigelman came to an abrupt halt after DOJ’s star witness admitted to giving false testimony on the stand. The case ended in a plea to one conspiracy count...
Jan
12
2015
In recent years, the Justice Department has increasingly focused on Foreign Corrupt Practices Act (FCPA) enforcement, making compliance critical for businesses that operate globally.
On January 12-13, 2015, in Miami, Paul Calli hosted a national FCPA Institute presented by Professor Michael Koehler, a nationally recognized FCPA...