ProfessionalsMark F. Mendelsohn

Mark F. Mendelsohn
Partner
Tel: +1-202-223-7377
Fax: +1-202-204-7377
emailmmendelsohn@paulweiss.com
A partner in the Litigation Department, Mark Mendelsohn is co-chair of the Anti-Corruption & FCPA Group, and a member of the White Collar and Regulatory Defense, Internal Investigations and Securities Litigation Practice Groups. Prior to joining Paul, Weiss, Mark served as the deputy chief of the Fraud Section of the Criminal Division of the United States Department of Justice (DOJ), and is internationally acknowledged and respected as the architect and key enforcement official of DOJ’s modern Foreign Corrupt Practices Act (FCPA) enforcement program.
Mark’s practice emphasizes white collar matters, internal corporate investigations and compliance counseling. He regularly represents clients in FCPA and corruption-related internal investigations, designing and implementing compliance programs, transactional anti-corruption diligence and responding to and defending against government investigations, prosecutions and trials on behalf of both business entities and individuals.
EXPERIENCE
Mark's experience includes representation of the following:
Public and Private Companies
- JPMorgan Chase in the favorable resolution of an investigation conducted by various authorities, including the DOJ and SEC, into whether hiring practices in Asia complied with anti-corruption laws;
- The Audit Committee of a leading international commercial real estate firm in a DOJ and SEC FCPA investigation of alleged improper payments to an official with a Middle Eastern sovereign wealth fund in connection with the putative purchase of a skyscraper in Vietnam;
- a private Ukrainian technology company in connection with multiple sanctions proceedings before the World Bank arising from corruption, collusion, and obstruction allegations involving multiple World Bank-financed government tenders;
- Fichtner GmbH & Co. KG in its favorable settlement of a World Bank investigation in relation to sanctionable misconduct in the Southern Africa Power Market Project in the Democratic Republic of the Congo;
- a special committee of the board of directors of The Stars Group (formerly known as Amaya, Inc.), the world’s largest online gaming company, with regard to U.S. law issues related to the largest insider trading case in Canadian history, in addition to conducting an investigation of potential improper payments to foreign officials in multiple countries in Latin America, Eastern Europe and Africa;
- a public real estate and financial services company in connection with an internal FCPA investigation of conduct in its Indian subsidiary;
- a private financial services firm in connection with an internal FCPA investigation of conduct in its China affiliate;
- a commodities trading company in connection with an internal FCPA investigation of conduct in its joint venture in a South American country;
- a private equity fund in connection with an anti-corruption risk assessment and the design and implementation of an anti-corruption compliance program;
- a technology company in connection with an anti-corruption risk assessment and the design and implementation of an anti-corruption compliance program;
- a global non-profit organization in connection with a DOJ FCPA investigation of its operations in Eastern Europe and the former Soviet Union;
- a multilateral development bank in connection with an internal investigation of corruption by one if its directors; and
- numerous companies, private equity funds and financial institutions in connection with third-party and transactional diligence in Africa, Asia, Europe, North, Central and South America and the Middle East.
Individual Executives
- the general counsel of a public oil and gas drilling services company in connection with an internal FCPA investigation; and
- executives and managers of the Indian subsidiary of a listed U.S. company in connection with DOJ and SEC FCPA investigations.
As deputy chief of the Fraud Section from 2005 to 2010, Mark was responsible for overseeing all DOJ investigations and prosecutions under the FCPA, and for supervising a team of trial attorneys with respect to investigations and prosecutions of a wide variety of federal white collar crimes including money laundering, mail and wire fraud, procurement fraud, Arms Export Control Act and International Traffic in Arms Regulations (ITAR) violations and violations of economic and trade sanctions laws and regulations, including with respect to the United Nations Oil for Food Program. During his tenure, Mark handled hundreds of voluntary disclosures of illicit corporate payments, worked closely with attorneys in the Division of Enforcement at the U.S. Securities and Exchange Commission, helped establish and worked closely with the Federal Bureau of Investigation’s FCPA squad at the Washington Field Office, negotiated numerous corporate plea, deferred and non-prosecution agreements on behalf of DOJ and participated in the appointment of, interaction with and reporting by more than 16 corporate compliance monitors. Mark led an effort to forge closer working relationships with foreign regulators in connection with transnational bribery cases, resulting in coordinated settlements with the Munich Public Prosecutor in Germany in the Siemens prosecutions and coordinated settlements with the U.K.’s Serious Fraud Office in the BAE and Innospec prosecutions, among others. Mark was also responsible for administering DOJ’s FCPA Opinion Release Procedure, including issuing the seminal opinion on FCPA transactional diligence and successor liability (Op. Rel. 08-02).
In addition to case-related responsibilities, Mark had significant policy responsibilities, including principal policy responsibilities related to the Organisation for Economic Co-operation and Development (OECD) Anti-bribery Convention. As a member of the U.S. delegation to the OECD Bribery Working Group, Mark served as a lead examiner for the follow-up review of Japan’s implementation of the OECD Anti-bribery Convention, played a key role in peer review of the United Kingdom including consultation regarding its Bribery Act of 2010, negotiated the 2009 Anti-Bribery Recommendation and played a leading role in the drafting and adoption of the OECD’s “Good Practice Guidance on Internal Controls, Ethics and Compliance.”
During his tenure administering the DOJ’s FCPA enforcement program, the DOJ brought more than 50 prosecutions against corporations for violations of the FCPA and related offenses, resulting in more than $1.5 billion in criminal penalties. During that same period, DOJ brought approximately 80 prosecutions against individuals. Among the notable prosecutions were the following: U.S. v. Siemens AG, et al.; U.S. v. Kellogg Brown & Root, LLC and U.S. v. Albert “Jack” Stanley; U.S. v. Congressman William J. Jefferson; U.S. v. BAE Systems plc; U.S. v. Baker Hughes, et al.; U.S. v. Titan Corp.; U.S. v. Statoil ASA; U.S. v. Monsanto; Lucent Technologies, Inc.; U.S. v. Willbros Group, Inc., et al.; U.S. v. Christian Sapsizian, et al.; U.S. v. Viktor Kozeny and Frederick Bourke, Jr.; U.S. v. Gerald and Patricia Green; U.S. v. Innospec, Inc.; and U.S. v. Daimler AG.
Prior to joining the Fraud Section, Mark was senior counsel in the DOJ’s Computer Crime and Intellectual Property Section in Washington, D.C., and prior to that served for nearly six years as an assistant U.S. attorney in the U.S. Attorney’s Office in the Southern District of New York. During his service with the U.S. Attorney’s Office, Mark tried numerous cases to verdict and argued several appeals before the United States Court of Appeals for the Second Circuit. As a federal prosecutor, Mark was a recipient of the Attorney General’s Award for Distinguished Service for the “Investigation into Corrupt Payments by Siemens AG,” and a recipient of the Assistant Attorney General’s Award for “The Safeguarding and Maintenance of Confidence in the American Marketplace.” Mark has been recognized by Ethisphere Institute in 2011 as a “Top Gun” among “Attorneys Who Matter,” in 2009 as a “Government Star” among “Attorneys Who Matter In Corporate Compliance,” and in 2007 and 2008 as one of the “100 Most Influential People in Business Ethics.” Mark has been selected to Lawdragon “500 Leading Lawyers in America” numerous times. Mark is also ranked by Chambers for his work as an FCPA practitioner.
Mark has spoken frequently as a faculty member, panelist and keynote speaker at numerous FCPA, anti-corruption, corporate compliance, securities fraud, money laundering and white collar crime programs and conferences. He teaches International Criminal Law as a visiting professor at the University of Virginia School of Law and has also been an adjunct lecturer-in-law at Columbia Law School. Mark is member of the Edward Bennett Williams Inn of Court and a member of the Board of Directors of Transparency International-USA.
Related Resources
FinCEN Proposes New Requirements for Reporting and Recordkeeping on Certain Transactions Involving Convertible Virtual Currency and Digital Asset Transactions
- Dec 29, 2020
- Publications
FinCEN Proposes New Requirements for Reporting and Recordkeeping on Certain Transactions Involving Convertible Virtual Currency and Digital Asset Transactions
The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) recently proposed rulemaking that would extend existing Bank Secrecy Act reporting and recordkeeping requirements on financial institutions for certain…
Paul, Weiss and ACLU Secure Release of 13 More Individuals in Immigration Detention Litigation
- Nov 30, 2020
- Client News
Paul, Weiss and ACLU Secure Release of 13 More Individuals in Immigration Detention Litigation
Paul, Weiss, along with co-counsel ACLU Fund of Michigan and ACLU Foundation National Prison and Immigrants’ Rights Projects, secured the release of 13 additional ICE immigration detainees held at the Calhoun County Correctional…
United States Imposes Sanctions on Turkey under CAATSA Section 231 for Purchase of Russian Missile System
- Dec 21, 2020
- Publications
United States Imposes Sanctions on Turkey under CAATSA Section 231 for Purchase of Russian Missile System
The United States recently imposed sanctions on Turkey’s Presidency of Defense Industries under the Countering America’s Adversaries Through Sanctions Act (CAATSA), which mandates sanctions against non-U.S. persons who conduct…
Congress to Include Significant Expansion of Beneficial Ownership Disclosure Requirements for U.S. Companies and non-U.S. Companies Registered to do Business in the United States as a Part of the 2021 NDAA
- Dec 08, 2020
- Publications
Congress to Include Significant Expansion of Beneficial Ownership Disclosure Requirements for U.S. Companies and non-U.S. Companies Registered to do Business in the United States as a Part of the 2021 NDAA
As part of the fiscal year 2021 National Defense Authorization Act (2021 NDAA), which is expected to be passed in the coming weeks, Congress has included a significant expansion of beneficial ownership disclosure requirements for U.S. …
Mark Mendelsohn and Alex Oh to Participate in FCPA Conference
- Dec 02, 2020
- Events
Mark Mendelsohn and Alex Oh to Participate in FCPA Conference
Litigation partners Mark Mendelsohn and Alex Oh will participate in panels as part of the 37th Annual International Conference on the Foreign Corrupt Practices Act.
D1 Capital to Acquire Collectors Universe in $700 Million Group Investment
- Nov 30, 2020
- Client News
D1 Capital to Acquire Collectors Universe in $700 Million Group Investment
Paul, Weiss is advising D1 Capital Partners L.P. in its group acquisition of Collectors Universe, Inc., a leading provider of value-added authentication and grading services to dealers and collectors of collectibles.
President Trump Issues an Executive Order Prohibiting U.S. Persons from Investing in Listed “Communist Chinese Military Companies”
- Nov 18, 2020
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President Trump Issues an Executive Order Prohibiting U.S. Persons from Investing in Listed “Communist Chinese Military Companies”
President Trump recently issued new sanctions prohibiting U.S. persons from engaging in transactions involving securities of any identified “Communist Chinese military company” (CCMC) as of January 11, 2021, subject to a one year…
FCPA Developments: Q3 2020
- Oct 16, 2020
- Publications
FCPA Developments: Q3 2020
Despite COVID-related challenges, FCPA enforcement by the DOJ and the SEC continued at full speed in the third quarter of 2020. Enforcement activity included three corporate resolutions by the DOJ and four resolutions by the SEC, as…
Paul, Weiss and ACLU Secure Immediate Release of Eight More Individuals in Immigration Detention Litigation
- Sep 04, 2020
- Client News
Paul, Weiss and ACLU Secure Immediate Release of Eight More Individuals in Immigration Detention Litigation
Paul, Weiss, along with co-counsel ACLU Fund of Michigan and ACLU Foundation National Prison and Immigrants’ Rights Projects, secured the release of an additional eight medically vulnerable ICE detainees held at the Calhoun County…
Second Circuit Rejects Evasion-of-Secondary-Sanctions Theory; Upholds DOJ’s Use of Bank Fraud Statute in Sanctions Prosecution
- Aug 31, 2020
- Publications
Second Circuit Rejects Evasion-of-Secondary-Sanctions Theory; Upholds DOJ’s Use of Bank Fraud Statute in Sanctions Prosecution
In a decision that offers greater clarity on what conduct is, and is not, subject to criminal prosecution with regards to sanctions-related violations, the Second Circuit recently upheld the conviction of a former executive of…
Mark Mendelsohn to Speak at PLI’s FCPA Program
- Sep 03, 2020
- Events
Mark Mendelsohn to Speak at PLI’s FCPA Program
Litigation partner Mark Mendelsohn will speak at the Practising Law Institute’s program on The Foreign Corrupt Practices Act and International Anti-Corruption Developments 2020.
Roark Invests in Divisions Maintenance Group
- Aug 17, 2020
- Client News
Roark Invests in Divisions Maintenance Group
Paul, Weiss is representing Atlanta-based private equity firm Roark Capital in its investment in Divisions Maintenance Group. Divisions is a leading tech-based provider of integrated facilities maintenance services for prominent…
Paul, Weiss and ACLU Secure Class Certification and Deposition of ICE in COVID-19 Immigration Detention Litigation
- Jul 31, 2020
- Client News
Paul, Weiss and ACLU Secure Class Certification and Deposition of ICE in COVID-19 Immigration Detention Litigation
Paul, Weiss, along with co-counsel ACLU Fund of Michigan and ACLU Foundation National Prison and Immigrants’ Rights Projects, secured a class certification of ICE immigration detainees held at the Calhoun County Correctional Center in …
Paul, Weiss and ACLU Secure Release of Six Additional Immigration Detainees in Expansive Ruling
- Jun 28, 2020
- Client News
Paul, Weiss and ACLU Secure Release of Six Additional Immigration Detainees in Expansive Ruling
Paul, Weiss, along with co-counsel ACLU Fund of Michigan and ACLU Foundation National Prison and Immigrants’ Rights Projects, secured the immediate release of an additional six medically vulnerable ICE detainees held at Calhoun County …
Supreme Court Upholds the SEC’s Authority to Seek Disgorgement in Civil Actions, But Imposes Important Limiting Principles
- Jun 25, 2020
- Publications
Supreme Court Upholds the SEC’s Authority to Seek Disgorgement in Civil Actions, But Imposes Important Limiting Principles
The Supreme Court held on June 22 that the SEC may seek disgorgement in enforcement actions, as long as the disgorgement does not exceed a wrongdoer’s net profits and is to be awarded for victims.
DOJ 2020 Guidance for Evaluating Corporate Compliance Incorporates Feedback From Business and Compliance Communities
- Jun 08, 2020
- Publications
DOJ 2020 Guidance for Evaluating Corporate Compliance Incorporates Feedback From Business and Compliance Communities
The DOJ’s Criminal Division released updated guidance regarding the manner in which prosecutors evaluate the effectiveness of corporate compliance programs. The guidance makes clear that companies should continuously update their…
Paul, Weiss and ACLU Secure Immediate Release of Immigration Detainees and Obtain Key Discovery from ICE
- May 12, 2020
- Client News
Paul, Weiss and ACLU Secure Immediate Release of Immigration Detainees and Obtain Key Discovery from ICE
Paul, Weiss, along with co-counsel ACLU Fund of Michigan and ACLU Foundation’s National Prison and Immigrants’ Rights projects, secured the immediate release of two medically vulnerable ICE detainees held at Calhoun County…
DOJ Announces Preliminary Inquiry into Potential Fraud in the Paycheck Protection Program
- May 05, 2020
- Publications
DOJ Announces Preliminary Inquiry into Potential Fraud in the Paycheck Protection Program
A senior DOJ official recently stated publicly that the DOJ has initiated a preliminary inquiry into potential fraud in the CARES Act’s Paycheck Protection Program and has already found possible fraud among businesses seeking relief.
Bank Hapoalim Enters into Criminal and Civil Resolutions for Its Participation in Separate Tax Evasion and Money Laundering Conspiracies, and Agrees to Pay Nearly $1 Billion in Penalties
- May 05, 2020
- Publications
Bank Hapoalim Enters into Criminal and Civil Resolutions for Its Participation in Separate Tax Evasion and Money Laundering Conspiracies, and Agrees to Pay Nearly $1 Billion in Penalties
The DOJ, Federal Reserve and the New York State Department of Financial Services announced nearly $875 million in penalties against Bank Hapoalim and its Swiss subsidiary.
Eni S.p.A. Agrees to Resolve FCPA Charges As Controlling Minority Shareholder of Saipem S.p.A.
- Apr 30, 2020
- Publications
Eni S.p.A. Agrees to Resolve FCPA Charges As Controlling Minority Shareholder of Saipem S.p.A.
On April 17, 2020, the U.S. Securities and Exchange Commission (“SEC”) announced that it had resolved charges against Eni S.p.A., an Italian headquartered multinational oil and gas company, for violations of the recordkeeping and…
Industrial Bank of Korea Reaches $86 Million AML Resolution with DOJ, NY Attorney General, and NY DFS
- Apr 24, 2020
- Publications
Industrial Bank of Korea Reaches $86 Million AML Resolution with DOJ, NY Attorney General, and NY DFS
The DOJ, the N.Y. Attorney General and the N.Y. Department of Financial Services (DFS) recently announced an $86 million resolution with Industrial Bank of Korea (IBK) in connection with criminal violations of the Bank Secrecy Act and …
White-Collar Enforcement Priorities in the Wake of COVID-19
- Mar 31, 2020
- Publications
White-Collar Enforcement Priorities in the Wake of COVID-19
The DOJ and SEC have signaled an intention to focus on misconduct related specifically to the coronavirus, at least temporarily. Combined with ongoing practical limitations, that focus has slowed down traditional white-collar…
2020 FCPA Developments: A Judge Overturns Hoskins’s FCPA Guilty Verdict Under an Agency Theory; Cardinal Health Resolves FCPA Investigation with the SEC
- Mar 13, 2020
- Publications
2020 FCPA Developments: A Judge Overturns Hoskins’s FCPA Guilty Verdict Under an Agency Theory; Cardinal Health Resolves FCPA Investigation with the SEC
On February 26, 2020, the U.S. District Court for the District of Connecticut entered a judgment of acquittal for Lawrence Hoskins on all Foreign Corrupt Practices Act (“FCPA”) charges.[1] The ruling partly overturns a jury’s verdict…
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- Mar 09, 2020
- Publications
FinCEN Imposes Its First Penalty on a Bank Compliance Officer for $450,000 for Failing to Prevent AML Violations
On March 4, 2020, the Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) issued a consent order assessing a $450,000 civil money penalty against Michael LaFontaine, a former Chief Operational Risk Officer at U.S.…
FCPA Enforcement and Anti-Corruption Developments - 2019 Year in Review
- Jan 24, 2020
- Publications
FCPA Enforcement and Anti-Corruption Developments - 2019 Year in Review
In this annual review, we reflect on the most significant anti-corruption and FCPA enforcement and policy trends of 2019 and share our insights on developing U.S. and global anti-corruption efforts in 2020.
DOJ Announces Revised Export Control and Sanctions Enforcement Policy for Companies, Including Financial Institutions
- Dec 19, 2019
- Publications
DOJ Announces Revised Export Control and Sanctions Enforcement Policy for Companies, Including Financial Institutions
The U.S. Department of Justice’s National Security Division recently announced a revised policy designed to encourage companies, including financial institutions, to make voluntary self-disclosures to the DOJ in connection with…
Mark Mendelsohn and Alex Oh to Participate in ACI FCPA Conference
- Dec 05, 2019
- Events
Mark Mendelsohn and Alex Oh to Participate in ACI FCPA Conference
Litigation partners Mark Mendelsohn and Alex Oh will speak at the American Conference Institute’s 36th International Conference on the Foreign Corrupt Practices Act.
Samsung Heavy Industries Agrees to Pay $75 Million to DOJ and Brazilian Authorities to Resolve FCPA Charges
- Dec 05, 2019
- Publications
Samsung Heavy Industries Agrees to Pay $75 Million to DOJ and Brazilian Authorities to Resolve FCPA Charges
On November 22, 2019, the Department of Justice announced that it had reached a resolution with Samsung Heavy Industries Company Ltd. (“SHI”) relating to a scheme to pay millions of dollars in bribes to officials of Petróleo…
Jury Convicts Foreign National of FCPA Violations under Agency Theory
- Nov 21, 2019
- Publications
Jury Convicts Foreign National of FCPA Violations under Agency Theory
On November 8, 2019, a Connecticut jury found Lawrence Hoskins, a British national and former executive of the French power and rail transportation company, Alstom S.A., guilty of participating in a scheme to bribe Indonesian…
DOJ Announces Government Procurement Collusion Strike Force
- Nov 05, 2019
- Publications
DOJ Announces Government Procurement Collusion Strike Force
U.S. Department of Justice announced that it and several other federal agencies are forming a “Procurement Collusion Strike Force” to investigate and prosecute collusion, including bid rigging, among companies and individuals involved …
DOJ Announces Guidance for “Inability-to-Pay” Claims
- Oct 10, 2019
- Publications
DOJ Announces Guidance for “Inability-to-Pay” Claims
On October 8, 2019, the Criminal Division of the U.S. Department of Justice released guidance on how federal prosecutors should evaluate claims that corporations are unable to pay a proposed fine or monetary penalty.
SEC Concludes the 2018-19 Fiscal Year with Four FCPA Enforcement Actions
- Oct 08, 2019
- Publications
SEC Concludes the 2018-19 Fiscal Year with Four FCPA Enforcement Actions
The SEC closed out its 2018-19 fiscal year by resolving four FCPA enforcement actions and assessing over $25 million in combined penalties, bringing the total number of SEC resolutions in 2019 to twelve.
Brookfield to Invest in BrandSafway
- Sep 30, 2019
- Client News
Brookfield to Invest in BrandSafway
Paul, Weiss is representing Brookfield in its acquisition of half of Clayton, Dubilier & Rice’s ownership interest in BrandSafway, the leading provider of specialized services to the global industrial, commercial and…
OFAC Reaches Settlement Agreement with U.K. Bank for Complex Payment Structures Used to Circumvent U.S. Sanctions
- Sep 19, 2019
- Publications
OFAC Reaches Settlement Agreement with U.K. Bank for Complex Payment Structures Used to Circumvent U.S. Sanctions
On September 17, 2019, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced a $4,000,000 settlement agreement with the British Arab Commercial Bank plc (“BACB”), a commercial bank located in the…
D1 Capital Invests in Unity Technologies
- Jul 25, 2019
- Client News
D1 Capital Invests in Unity Technologies
Paul, Weiss is representing D1 Capital Partners LP in its investment, alongside Canada Pension Plan Investment Board, Light Street Capital, Sequoia Capital and Silver Lake Partners, in Unity Technologies, creator of the world’s most…
Does President Trump Have Authority to Force U.S. Companies to Leave China?
- Aug 26, 2019
- Publications
Does President Trump Have Authority to Force U.S. Companies to Leave China?
On August 23, 2019, President Trump tweeted that “American companies are hereby ordered to immediately start looking for an alternative to China, including bringing. . .your companies [home] and making products in the USA.” In further …
D.C. Circuit Upholds Decision Requiring Three Chinese Banks to Produce Documents Located in China to the U.S. Government
- Aug 12, 2019
- Publications
D.C. Circuit Upholds Decision Requiring Three Chinese Banks to Produce Documents Located in China to the U.S. Government
On July 30, 2019, the U.S. Court of Appeals for the District of Columbia affirmed civil contempt orders by the D.C. District Court against three Chinese banks for their failure to produce documents in response to U.S. government…
FCPA Enforcement and Anti-Corruption Developments: 2019 Mid-Year Review
- Jul 18, 2019
- Publications
FCPA Enforcement and Anti-Corruption Developments: 2019 Mid-Year Review
Robust FCPA enforcement activity continued in the first half of 2019. The DOJ and the SEC—resolving four and five corporate enforcement actions, respectively—assessed a combined total of $1.5 billion in corporate penalties, of which…
Privilege Caselaw Developments (July 2019)
- Jul 16, 2019
- Publications
Privilege Caselaw Developments (July 2019)
In our second in a series of occasional alerts on the law of privilege, we present three recent federal court cases of potential interest, each concerning circumstances that can lead to waiver of privilege.
TechnipFMC Agrees to Pay $296 Million to DOJ and Brazilian Authorities to Resolve Criminal FCPA Charges; SEC Civil Charges Pending
- Jul 02, 2019
- Publications
TechnipFMC Agrees to Pay $296 Million to DOJ and Brazilian Authorities to Resolve Criminal FCPA Charges; SEC Civil Charges Pending
On June 25, 2019, the Department of Justice announced a resolution with Technip FMC PLC (“TFMC”), a London-headquartered, global provider of oil and gas technology and services that is listed on the New York Stock Exchange, for…
Walmart Pays $282 Million for Failing to Maintain a Sufficient Anti-Corruption Compliance Program
- Jun 25, 2019
- Publications
Walmart Pays $282 Million for Failing to Maintain a Sufficient Anti-Corruption Compliance Program
On June 20, 2019, the Department of Justice and the Securities and Exchange Commission announced long-awaited resolutions with Walmart, Inc. for violations of the books and records and internal accounting provisions of the Foreign…
New York DFS Creates New Cybersecurity Division
- May 29, 2019
- Publications
New York DFS Creates New Cybersecurity Division
On May 22, 2019, the New York State Department of Financial Services (“DFS”) announced the creation of a new Cybersecurity Division, which it described as the “first of its kind at a banking or insurance regulator.”
Mark Mendelsohn and Harris Fischman to Speak at ACI FCPA Conference
- May 15, 2019
- Events
Mark Mendelsohn and Harris Fischman to Speak at ACI FCPA Conference
Litigation partners Mark Mendelsohn and Harris Fischman will speak on panels at the American Conference Institute’s (ACI) FCPA New York conference.
SEC Fines Telefônica Brasil S.A. $4.125 Million Relating to World Cup Tickets Given to Government Officials
- May 13, 2019
- Publications
SEC Fines Telefônica Brasil S.A. $4.125 Million Relating to World Cup Tickets Given to Government Officials
On May 9, 2019, the SEC fined Telefônica Brasil S.A. a $4.125 million civil penalty to resolve allegations that the company‘s internal accounting controls failed to protect sufficiently against the risk that things of value, like…
DOJ Updated Guidance for Evaluating Corporate Compliance Programs Focuses on Effectiveness
- May 06, 2019
- Publications
DOJ Updated Guidance for Evaluating Corporate Compliance Programs Focuses on Effectiveness
On April 30, 2019, the Criminal Division of the U.S. Department of Justice released updated guidance on how prosecutors evaluate the effectiveness of corporate compliance programs.
DOJ, FBI, and CFTC Announce FCPA Policy Revisions and Initiatives
- Mar 15, 2019
- Publications
DOJ, FBI, and CFTC Announce FCPA Policy Revisions and Initiatives
The Department of Justice announced last week several revisions to its Foreign Corrupt Practices Act (“FCPA”) Corporate Enforcement Policy, which includes relaxing prior guidance on how companies should deal with employees’ use of…
Mobile TeleSystems PJSC Reaches $850 Million Resolutions with DOJ and SEC Over FCPA Violations
- Mar 12, 2019
- Publications
Mobile TeleSystems PJSC Reaches $850 Million Resolutions with DOJ and SEC Over FCPA Violations
In the latest dramatic chapter of the long-running bribery saga that has pervaded the telecommunications sector in Uzbekistan, on March 6 and 7, 2019, the Department of Justice (“DOJ”) and the Securities and Exchange Commission…
FCPA Enforcement and Anti-Corruption Developments: 2018 Year in Review
- Jan 17, 2019
- Publications
FCPA Enforcement and Anti-Corruption Developments: 2018 Year in Review
In this memo, we offer reflections on the year’s most significant developments in anti-corruption and FCPA enforcement and policy.
DOJ Announces New Standards for Corporate Cooperation
- Dec 05, 2018
- Publications
DOJ Announces New Standards for Corporate Cooperation
The Department of Justice announced last week significant changes to its policies for granting corporations credit for cooperating with criminal investigations.
Mark Mendelsohn and Alex Oh Speak at ACI Conference on FCPA
- Nov 27, 2018
- Events
Mark Mendelsohn and Alex Oh Speak at ACI Conference on FCPA
Litigation partners Mark Mendelsohn and Alex Oh participated in the American Conference Institute’s 35th International Conference on the Foreign Corrupt Practices Act.
Preparing for an Uptick in Congressional Investigations of Corporations
- Dec 03, 2018
- Publications
Preparing for an Uptick in Congressional Investigations of Corporations
Beginning next month, Democrats will control the House of Representatives for the first time since 2010. Given the pent-up demand for House Democrats to make robust use of their oversight and investigative authorities, the current…
DOJ Announces New Guidance for Imposing Compliance Monitors in Criminal Division Matters
- Oct 17, 2018
- Publications
DOJ Announces New Guidance for Imposing Compliance Monitors in Criminal Division Matters
On October 12, 2018, Brian A. Benczkowski, the Assistant Attorney General for the Criminal Division, announced new guidance (the “Benczkowski Memorandum”) setting forth a “pragmatic approach to monitorships,” highlighting the factors…
Behind Petrobras $1.8 Billion FCPA Settlement, An Interesting Accounting
- Oct 02, 2018
- Publications
Behind Petrobras $1.8 Billion FCPA Settlement, An Interesting Accounting
On September 27, 2018, the U.S. Department of Justice (“DOJ”) and the U.S. Securities and Exchange Commission (“SEC”) announced coordinated enforcement resolutions with Petróleo Brasileiro S.A. – Petrobras, the Brazilian state-owned…
The Financial Crisis 10 Years Later: Lessons Learned
- Sep 15, 2018
- Publications
The Financial Crisis 10 Years Later: Lessons Learned
Ten years after the collapse of Lehman Brothers, market participants and other global companies operate in a markedly changed regulatory enforcement and compliance landscape. This memorandum discusses the legal and business…
The Second Circuit Rejects FCPA Liability for Foreign Persons under Accessory Liability Theories
- Aug 27, 2018
- Publications
The Second Circuit Rejects FCPA Liability for Foreign Persons under Accessory Liability Theories
On August 24, 2018, the Court of Appeals for the Second Circuit held in United States v. Hoskins that a foreign national who does not otherwise fall within the specific categories of defendants enumerated in the Foreign Corrupt…
Charlottesville Clients Obtain Favorable Settlement in Case Arising From “Unite the Right” Rally
- Jul 13, 2018
- Client News
Charlottesville Clients Obtain Favorable Settlement in Case Arising From “Unite the Right” Rally
Paul, Weiss represented the City of Charlottesville and a coalition of local business owners and neighborhood associations in the favorable resolution of a lawsuit brought against groups and individuals who participated in the violent …
The Stars Group Completes Acquisition of Sky Betting & Gaming and $6.8 Billion Financing
- Jul 13, 2018
- Client News
The Stars Group Completes Acquisition of Sky Betting & Gaming and $6.8 Billion Financing
Paul, Weiss advised Canadian online gaming company The Stars Group in its $6.8 billion financing in connection with Stars’ acquisition of U.K.-based Sky Betting & Gaming.
Société Générale and Legg Mason to Pay Nearly $650 Million to Resolve DOJ Investigation of Libyan Bribery Scheme
- Jun 07, 2018
- Publications
Société Générale and Legg Mason to Pay Nearly $650 Million to Resolve DOJ Investigation of Libyan Bribery Scheme
On June 4, 2018, the U.S. Department of Justice (“DOJ”) announced a pair of Foreign Corrupt Practices Act (“FCPA”) resolutions, one involving Paris-based Société Générale S.A. (“Société Générale”) and its wholly-owned subsidiary, SGA…
GIS and HireRight to Merge
- May 25, 2018
- Client News
GIS and HireRight to Merge
Paul, Weiss is representing General Information Services (GIS), a portfolio company of Paul, Weiss client General Atlantic, in its merger with HireRight.
DOJ Issues New Policy on Coordination of Corporate Penalties to Address “Piling On”
- May 10, 2018
- Publications
DOJ Issues New Policy on Coordination of Corporate Penalties to Address “Piling On”
Yesterday, Rod Rosenstein, Deputy Attorney General of the U.S. Department of Justice, announced a new policy, in the form of an addition to the United States Attorneys’ Manual (“USAM”), concerning the coordination of corporate…
President Trump Withdraws the United States from the Iran Nuclear Deal
- May 09, 2018
- Publications
President Trump Withdraws the United States from the Iran Nuclear Deal
On May 8, President Trump announced the unilateral withdrawal of the United States from the Iran nuclear deal, the Joint Comprehensive Plan of Action.
Panasonic Reaches Global Settlement with DOJ and SEC Over FCPA Violations
- May 08, 2018
- Publications
Panasonic Reaches Global Settlement with DOJ and SEC Over FCPA Violations
On April 29, 2018, the U.S. Department of Justice entered into a deferred prosecution agreement with California-based Panasonic Avionics Corp.
Aero OpCo Acquires Nautica® Brand Operations
- Apr 30, 2018
- Client News
Aero OpCo Acquires Nautica® Brand Operations
Paul, Weiss advised Simon Property Group, L.P. and Aero OpCo LLC (Aero), an operating partner to global brands, in the acquisition of VF Corporation’s Nautica® brand business by Authentic Brands Group, LLC (ABG) and the subsequent…
The Stars Group to Acquire Sky Betting & Gaming for $4.7 Billion
- Apr 21, 2018
- Client News
The Stars Group to Acquire Sky Betting & Gaming for $4.7 Billion
Paul, Weiss is representing Canadian online gaming company The Stars Group Inc. in its $4.7 billion cash-and-stock acquisition of U.K.-based gambling company Sky Betting & Gaming from CVC Capital Partners and Sky plc.
FCPA Enforcement and Anti-Corruption Developments: Q1 2018
- Apr 13, 2018
- Publications
FCPA Enforcement and Anti-Corruption Developments: Q1 2018
The first quarter of 2018 saw a flurry of declinations of FCPA prosecutions by the DOJ and the SEC, and only one FCPA corporate enforcement resolution by the DOJ and two resolutions by the SEC.
Mark Mendelsohn to Participate in ACI’s New York Conference on FCPA
- May 08, 2018
- Events
Mark Mendelsohn to Participate in ACI’s New York Conference on FCPA
Litigation partner Mark Mendelsohn will participate in a roundtable discussion, “The New Corporate Enforcement Policy in Practice: What Changes, What Stays the Same in Your Disclosure Calculus and Investigation Management” at the…
Trump Administration Imposes New Sanctions on Russian Oligarchs and Government Officials
- Apr 10, 2018
- Publications
Trump Administration Imposes New Sanctions on Russian Oligarchs and Government Officials
On April 6, 2018, the Trump administration imposed new sanctions on 7 Russian oligarchs, 12 companies they own or control, 17 Russian government officials, and a state-owned Russian weapons trading company and its subsidiary, a…
Elbit Imaging Settles with SEC in First FCPA Resolution of 2018
- Mar 15, 2018
- Publications
Elbit Imaging Settles with SEC in First FCPA Resolution of 2018
The SEC recently announced a settlement against an Israel-based company and its majority-owned indirect subsidiary, alleging violations of the internal accounting controls and books and records provisions of the Foreign Corrupt…
Mark Mendelsohn to Participate in PLI Seminar on FCPA and International Anti-Corruption Developments
- Apr 23, 2018
- Events
Mark Mendelsohn to Participate in PLI Seminar on FCPA and International Anti-Corruption Developments
Litigation partner Mark Mendelsohn will speak on a panel at a Practising Law Institute program, The Foreign Corrupt Practices Act and International Anti-Corruption Developments 2018.
Mark Mendelsohn to Participate at GW Law’s FCPA Conference
- Mar 09, 2018
- Events
Mark Mendelsohn to Participate at GW Law’s FCPA Conference
Litigation partner Mark Mendelsohn will speak on a panel at a conference sponsored by the George Washington University Law School, “Emerging Issues in FCPA Enforcement.”
U.S. Bancorp Enters into Deferred Prosecution Agreement and Related Resolutions and Agrees to Pay $613 million for BSA/AML Failures
- Feb 21, 2018
- Publications
U.S. Bancorp Enters into Deferred Prosecution Agreement and Related Resolutions and Agrees to Pay $613 million for BSA/AML Failures
A week after the announcement of a guilty plea and penalty related to Rabobank N.A.’s anti-money laundering violations, the DOJ announced on February 15 that it had entered into a deferred prosecution agreement with U.S. Bancorp,…
Rabobank Pleads Guilty to Obstructing OCC Supervision and Agrees to Pay $368 Million for Permitting and Concealing BSA/AML Failures
- Feb 13, 2018
- Publications
Rabobank Pleads Guilty to Obstructing OCC Supervision and Agrees to Pay $368 Million for Permitting and Concealing BSA/AML Failures
The DOJ and the Office of the Comptroller of the Currency recently imposed a $368 million penalty on the U.S. subsidiary of Dutch-based Rabobank. The bank also pleaded guilty to conspiracy to obstruct regulatory oversight of its Bank …
Treasury Department Releases Report Listing Russian Senior Political Figures and Oligarchs
- Feb 05, 2018
- Publications
Treasury Department Releases Report Listing Russian Senior Political Figures and Oligarchs
On January 29, 2018, the Treasury Department submitted to Congress a report pursuant to Section 241 of the Countering America’s Adversaries Through Sanctions Act (“CAATSA”).
FCPA Enforcement and Anti-Corruption Developments: 2017 Year In Review
- Jan 19, 2018
- Publications
FCPA Enforcement and Anti-Corruption Developments: 2017 Year In Review
Despite significant FCPA enforcement activity in 2017, the Trump administration’s approach to enforcement remains elusive and not readily characterized. While actions against individuals were at the highest level in recent years,…
DOJ Issues New FCPA Corporate Enforcement Policy
- Nov 30, 2017
- Publications
DOJ Issues New FCPA Corporate Enforcement Policy
The Department of Justice recently announced a new FCPA Corporate Enforcement Policy, which states that when a company voluntarily self-discloses misconduct, fully cooperates, and timely and appropriately remediates, there will be a…
Mark Mendelsohn to Participate in Panel Discussion at Annual Sokol Colloquium on Private International Law
- Nov 10, 2017
- Events
Mark Mendelsohn to Participate in Panel Discussion at Annual Sokol Colloquium on Private International Law
Litigation partner Mark Mendelsohn will participate in a panel discussion at the University of Virginia School of Law’s “30th Annual Sokol Colloquium on Private International Law.”
Mark Mendelsohn to Participate in IBA Conference in Brazil
- Nov 06, 2017
- Events
Mark Mendelsohn to Participate in IBA Conference in Brazil
Litigation partner Mark Mendelsohn will participate in a panel discussion at the International Bar Association’s “IBA Latin American Anti-Corruption Enforcement and Compliance” conference.
Mitel Completes Acquisition of ShoreTel
- Sep 25, 2017
- Client News
Mitel Completes Acquisition of ShoreTel
Paul, Weiss represented Mitel Networks Corporation in its $531 million all-cash acquisition of Sunnyvale, California-based communications solutions company ShoreTel, Inc.
Telia Agrees to $965 Million Global Foreign Bribery Resolution
- Sep 28, 2017
- Publications
Telia Agrees to $965 Million Global Foreign Bribery Resolution
U.S. authorities recently announced the first major FCPA settlement under the Trump administration: a $965 million global resolution with a Sweden-based telecommunications company Telia Company AB and its indirectly-owned Uzbek…
Mitel to Acquire ShoreTel for $530 Million
- Jul 27, 2017
- Client News
Mitel to Acquire ShoreTel for $530 Million
Paul, Weiss is representing Ottawa-based Mitel Networks Corporation in its proposed $530 million all-cash acquisition of Sunnyvale, California-based communications solutions company ShoreTel.
Kokesh Raises Questions About Declinations with Disgorgement Under the FCPA Pilot Program
- Jun 29, 2017
- Publications
Kokesh Raises Questions About Declinations with Disgorgement Under the FCPA Pilot Program
The U.S. Department of Justice recently declined to prosecute two U.S. subsidiaries of a German chemical company while requiring them to disgorge profits from the allegedly corrupt scheme, the third declination requiring disgorgement…
U.S. Supreme Court Holds That Five-Year Statute of Limitations Applies to Claims for Disgorgement Brought by the SEC
- Jun 06, 2017
- Publications
U.S. Supreme Court Holds That Five-Year Statute of Limitations Applies to Claims for Disgorgement Brought by the SEC
On June 5, the Supreme Court unanimously held that SEC claims for disgorgement are governed by a five-year statute of limitations. The Court rejected the SEC’s position that the claims are not subject to time limits. The decision…
How Regulators Are Assessing Corporate Compliance Programs
- May 17, 2017
- Videos
How Regulators Are Assessing Corporate Compliance Programs
What makes an effective corporate compliance program? And how do regulators evaluate them? The U.S. Department of Justice recently issued guidance on evaluating the effectiveness of corporate compliance programs in criminal…
New DOJ Guidance For Evaluating Corporate Compliance Programs
- Mar 20, 2017
- Publications
New DOJ Guidance For Evaluating Corporate Compliance Programs
The Department of Justice recently released guidance on the Evaluation of Corporate Compliance Programs containing 119 questions the Fraud Section may ask in the context of an investigation. As we describe in this memorandum, the…
Mark Mendelsohn to Participate at PLI’s FCPA and International Anti-Corruption Seminar
- Apr 24, 2017
- Events
Mark Mendelsohn to Participate at PLI’s FCPA and International Anti-Corruption Seminar
Litigation partner Mark Mendelsohn will participate in a panel discussion at the Practising Law Institute’s seminar “The Foreign Corrupt Practices Act and International Anti-Corruption Developments 2017.”
Mark Mendelsohn and Farrah Berse to Participate at ACI’s Annual New York Conference on FCPA Act
- Apr 20, 2017
- Events
Mark Mendelsohn and Farrah Berse to Participate at ACI’s Annual New York Conference on FCPA Act
Litigation partner Mark Mendelsohn and counsel Farrah Berse will participate at the American Conference Institute’s (ACI) 19th Annual New York Conference on the Foreign Corrupt Practices Act.
A Flurry of FCPA Enforcement Actions Marks the End of the Obama Administration
- Feb 17, 2017
- Publications
A Flurry of FCPA Enforcement Actions Marks the End of the Obama Administration
Following on the heels of a record-breaking enforcement year,1 the Department of Justice and the Securities and Exchange Commission continued their FCPA enforcement activities at a breakneck pace in December 2016 and January 2017.
Client Memo: FCPA Enforcement and Anti-Corruption Developments: 2016 Year In Review
- Jan 20, 2017
- Publications
Client Memo: FCPA Enforcement and Anti-Corruption Developments: 2016 Year In Review
The year 2016 was, by any measure, an extraordinary year for the enforcement of the Foreign Corrupt Practices Act.
Why Anti-Corruption Due Diligence Is Important in M&A Transactions
- Jan 12, 2017
- Videos
Why Anti-Corruption Due Diligence Is Important in M&A Transactions
Enforcement of the U.S. Foreign Corrupt Practices Act (FCPA) and other international anti-corruption laws is increasing dramatically. In 2016 alone, DOJ and the SEC collected a record-shattering total of nearly $2.5 billion to…
Client Alert: Embraer SA Pays $205 Million to the SEC and DOJ to Settle FCPA Violations
- Nov 01, 2016
- Publications
Client Alert: Embraer SA Pays $205 Million to the SEC and DOJ to Settle FCPA Violations
On October 24, 2016, U.S. authorities announced that Brazilian aircraft manufacturer Embraer SA agreed to pay more than $205 million to resolve violations of the Foreign Corrupt Practices Act's anti-bribery, books and records and …
Mark Mendelsohn and Alex Oh to Participate in ACI’s International Conference on FCPA
- Nov 29, 2016
- Events
Mark Mendelsohn and Alex Oh to Participate in ACI’s International Conference on FCPA
Litigation partners Mark Mendelsohn and Alex Oh will speak on panels at the American Conference Institute's International Conference on the Foreign Corrupt Practices Act.
Recent DOJ and SEC Actions Underscore Regulators’ Pronouncements That “Vigorous Enforcement” of FCPA Violations Remains a “High Priority”
- Oct 13, 2016
- Publications
Recent DOJ and SEC Actions Underscore Regulators’ Pronouncements That “Vigorous Enforcement” of FCPA Violations Remains a “High Priority”
As the end of their fiscal years approached on September 30, the Department of Justice and Securities and Exchange Commission announced a number of resolutions, underscoring their pronouncements that "vigorous enforcement" of…
Client Alert: $1.4 Billion Global Settlement Offer to Telia Portends Major Foreign Bribery Prosecution
- Sep 23, 2016
- Publications
Client Alert: $1.4 Billion Global Settlement Offer to Telia Portends Major Foreign Bribery Prosecution
On September 15, 2016, U.S. and Dutch authorities presented Telia Company AB, a global telecommunications company partially owned by the Swedish government, with a proposed settlement offer requiring Telia to pay $1.4 billion to…
Mark Mendelsohn to Moderate Panel at TI-USA Corporate Forum
- Sep 15, 2016
- Events
Mark Mendelsohn to Moderate Panel at TI-USA Corporate Forum
Litigation partner Mark Mendelsohn will moderate a panel at an upcoming Transparency International-USA Corporate Forum.
Litigation Partners and Counsel Co-Author Article on FCPA Pilot Program
- Jul 29, 2016
- Publications
Litigation Partners and Counsel Co-Author Article on FCPA Pilot Program
Litigation partners Alex Oh and Mark Mendelsohn and counsel Farrah Berse co-authored a client memorandum, titled "Analogic and Johnson Controls Settlements Shed Further Light on the Implementation of DOJ's FCPA Pilot Program,"…
Outerwall to Be Acquired by Funds Affiliated With Apollo
- Jul 27, 2016
- Client News
Outerwall to Be Acquired by Funds Affiliated With Apollo
As reported by The New York Times, The Wall Street Journal and other media outlets, Outerwall Inc, a leading provider of kiosk services such as Redbox entertainment, Coinstar money services and ecoATM electronic…
Client Alert: Analogic and Johnson Controls Settlements Shed Further Light on the Implementation of DOJ’s FCPA Pilot Program
- Jul 27, 2016
- Publications
Client Alert: Analogic and Johnson Controls Settlements Shed Further Light on the Implementation of DOJ’s FCPA Pilot Program
The U.S. Department of Justice ("DOJ") and the U.S. Securities and Exchange Commission ("SEC") recently announced two FCPA settlements that shed further light on how the DOJ is implementing its FCPA "Pilot Program."
OECD Criticizes Japan for Leniency in Combatting Foreign Bribery
- Jul 20, 2016
- Publications
OECD Criticizes Japan for Leniency in Combatting Foreign Bribery
On June 30, 2016, following a two-day high-level mission to Tokyo, Japan to meet with senior government officials and representatives, the Organization for Economic Cooperation and Development ("OECD") Working Group on Bribery in …
Litigation Partners Author Article on First DOJ Declination Letters Since Launch of Its FCPA Pilot Program
- Jul 07, 2016
- Publications
Litigation Partners Author Article on First DOJ Declination Letters Since Launch of Its FCPA Pilot Program
Litigation partners Mark Mendelsohn and Alex Oh co-authored a client memorandum, titled "DOJ Declination Letters and the FCPA," that was featured on The Harvard Law School Forum on Corporate Governance and Financial Regulation…
Client Alert: DOJ Publicly Releases First Declination Letters Since Launching Its FCPA Pilot Program
- Jun 20, 2016
- Publications
Client Alert: DOJ Publicly Releases First Declination Letters Since Launching Its FCPA Pilot Program
The Department of Justice has publicly released its first declination letters since the launch of its FCPA Pilot Program two months ago. The letters were sent to two companies, home-security and thermostat systems-maker Nortek,…
Paul, Weiss Pro Bono Client Secures Immediate Release From Federal Prison
- Jun 13, 2016
- Client News
Paul, Weiss Pro Bono Client Secures Immediate Release From Federal Prison
The U.S. District Court for the District of South Carolina (Hon. Patrick Duffy) entered an order resentencing a Paul, Weiss pro bono client to time served and ordering his immediate release.
Mark Mendelsohn and Justin Lerer to Participate in ACI’s Annual New York Conference on FCPA
- May 16, 2016
- Events
Mark Mendelsohn and Justin Lerer to Participate in ACI’s Annual New York Conference on FCPA
Litigation partner Mark Mendelsohn and counsel Justin Lerer will participate in the American Conference Institute's 18th Annual New York Conference on the Foreign Corrupt Practices Act.
Client Alert: FinCEN Issues Sweeping New Requirements on Collection of Beneficial Ownership Information and Customer Due Diligence
- May 10, 2016
- Publications
Client Alert: FinCEN Issues Sweeping New Requirements on Collection of Beneficial Ownership Information and Customer Due Diligence
On May 6, 2016, the U.S. Treasury Department's Financial Crimes Enforcement Network ("FinCEN") released a final rule codifying new and existing customer due diligence ("CDD") requirements under the Bank Secrecy Act ("BSA") for covered …
Kohlberg Acquires Interstate Hotels & Resorts
- May 04, 2016
- Client News
Kohlberg Acquires Interstate Hotels & Resorts
Paul, Weiss client Kohlberg & Company LLC announced that it has acquired Interstate Hotels & Resorts, the global leader in third-party hotel management, from Thayer Lodging and Jin Jiang International Hotels.
Client Alert: DOJ Announces a Pilot Program to Encourage Companies to Self-Report FCPA Violations
- Apr 06, 2016
- Publications
Client Alert: DOJ Announces a Pilot Program to Encourage Companies to Self-Report FCPA Violations
On April 5, 2016, the U.S. Department of Justice ("DOJ") released an FCPA "Enforcement Plan and Guidance" memorandum announcing a one-year pilot program that is designed to "motivate[e] companies to voluntarily self-disclose…
Mark Mendelsohn to Participate in Summit on Compliance Risks for Alternative Investment Industry
- Apr 05, 2016
- Events
Mark Mendelsohn to Participate in Summit on Compliance Risks for Alternative Investment Industry
Litigation partner Mark Mendelsohn will speak at the American Conference Institute's third summit on FCPA, AML and OFAC Risks for Private Equity & Hedge Funds.
Stantec to Acquire MWH for $795 Million
- Mar 29, 2016
- Client News
Stantec to Acquire MWH for $795 Million
Paul, Weiss client Stantec Inc., announced it has agreed to acquire MWH Global Inc., a Colorado-based engineering, consulting and construction firm, in an all cash transaction valued at approximately $795 million.
Client Alert: Novartis AG Settles SEC FCPA Action Involving China Subsidiaries
- Mar 29, 2016
- Publications
Client Alert: Novartis AG Settles SEC FCPA Action Involving China Subsidiaries
On March 23, 2016, the U.S. Securities and Exchange Commission ("SEC") announced a settlement with Novartis AG ("Novartis") regarding alleged violations of the books and records and internal accounting controls provisions of the…
Client Alert: The CFPB Enters the Cybersecurity Arena with Its First Enforcement Action
- Mar 04, 2016
- Publications
Client Alert: The CFPB Enters the Cybersecurity Arena with Its First Enforcement Action
On March 2, the Consumer Financial Protection Bureau entered an enforcement order against online payment platform Dwolla, Inc. for deceiving consumers about its data security practices and the safety of its online payment system.
…Client Alert: DOJ and SEC Pressure Test Accuracy of Self-Reporting and Cooperation in PTC FCPA Settlement
- Feb 29, 2016
- Publications
Client Alert: DOJ and SEC Pressure Test Accuracy of Self-Reporting and Cooperation in PTC FCPA Settlement
On February 16, 2016, the Securities and Exchange Commission and the Department of Justice announced settled parallel enforcement and criminal actions against Massachusetts-based technology company PTC, Inc. and its two…
Mark Mendelsohn to Speak at TRACE Forum
- Mar 02, 2016
- Events
Mark Mendelsohn to Speak at TRACE Forum
Litigation partner Mark Mendelsohn will participate in a panel discussion at the TRACE Forum, an annual anti-bribery compliance benchmarking conference.
Client Alert: VimpelCom Agrees to Landmark $795 Million FCPA Resolution
- Feb 26, 2016
- Publications
Client Alert: VimpelCom Agrees to Landmark $795 Million FCPA Resolution
On February 18, 2016, U.S. authorities announced a landmark resolution concerning violations of the Foreign Corrupt Practices Act.
Client Alert: SEC Settlement Highlights Importance of Third-Party Agent Guidelines
- Feb 25, 2016
- Publications
Client Alert: SEC Settlement Highlights Importance of Third-Party Agent Guidelines
On February 4, 2016, the Securities and Exchange Commission announced a settled enforcement action against Ignacio Cueto Plaza, the current CEO of Chile-based airline company LAN Airlines S.A.
Client Alert: New Federal Guidance on the Cybersecurity Information Sharing Act of 2015: What General Counsel Need to Know
- Feb 23, 2016
- Publications
Client Alert: New Federal Guidance on the Cybersecurity Information Sharing Act of 2015: What General Counsel Need to Know
The Cybersecurity Information Sharing Act of 2015 ("CISA") was signed into law on December 18, 2015. The law authorizes companies to monitor and implement defensive measures on their own information systems to counter cyber…
Client Memo: SciClone Pharmaceuticals Settles FCPA Action Over China Business Practices
- Feb 16, 2016
- Publications
Client Memo: SciClone Pharmaceuticals Settles FCPA Action Over China Business Practices
On February 4, 2016, the U.S. Securities and Exchange Commission ("SEC") announced a settled enforcement action against U.S. pharmaceutical company SciClone Pharmaceuticals, Inc. ("SciClone"), alleging violations of the anti-bribery…
Client Alert: U.S. District Court Orders Compliance Monitor’s Report Unsealed Pursuant to First Amendment Right of Public Access
- Feb 01, 2016
- Publications
Client Alert: U.S. District Court Orders Compliance Monitor’s Report Unsealed Pursuant to First Amendment Right of Public Access
On January 28, 2016, United States District Judge John Gleeson of the Eastern District of New York found that a report by a corporate compliance monitor retained to supervise HSBC under a deferred prosecution agreement ("DPA")…
Client Alert: Understanding the Changes to the Iran Sanctions Regime: OFAC Issues Guidance, General Licenses on JCPOA Implementation Day
- Jan 20, 2016
- Publications
Client Alert: Understanding the Changes to the Iran Sanctions Regime: OFAC Issues Guidance, General Licenses on JCPOA Implementation Day
On January 16, 2016, international inspectors verified that Iran had complied with the initial nuclear requirements of the Joint Comprehensive Plan of Action (the "JCPOA"), and the Secretary of State confirmed that verification.
Apollo Affiliated Funds Acquire OM Group
- Oct 28, 2015
- Client News
Apollo Affiliated Funds Acquire OM Group
OM Group, Inc., a technology-driven diversified industrial company serving global markets, including automotive systems, aerospace and defense, announced the completion of its acquisition by funds managed by affiliates of Paul, Weiss…
Client Alert: SEC FCPA Action Against Bristol-Myers Squibb Highlights Importance of Addressing Red Flags
- Oct 08, 2015
- Publications
Client Alert: SEC FCPA Action Against Bristol-Myers Squibb Highlights Importance of Addressing Red Flags
On October 5, 2015 the U.S. Securities and Exchange Commission announced it had settled an enforcement action against U.S. issuer Bristol-Myers Squibb Company, in which the SEC alleged violations of the internal controls and…
Client Alert: The SEC's FCPA Settlement with Hitachi and the Importance of Robust Anti-Corruption Procedures in Connection with Foreign Commercial Relationships
- Oct 02, 2015
- Publications
Client Alert: The SEC's FCPA Settlement with Hitachi and the Importance of Robust Anti-Corruption Procedures in Connection with Foreign Commercial Relationships
On September 28, 2015, the U.S Securities and Exchange Commission ("SEC") announced a settlement with Japanese conglomerate Hitachi, Ltd. ("Hitachi") regarding alleged violations of the internal accounting controls and books and…
Pro Bono Client Wins Unemployment Benefits Appeal
- Jul 24, 2015
- Client News
Pro Bono Client Wins Unemployment Benefits Appeal
The District of Columbia Court of Appeals has vacated a lower court judgment denying a Paul, Weiss pro bono client unemployment compensation benefits.
Paul, Weiss Client Achieves Successful Result in World Bank Sanctions Hearing
- Jul 07, 2015
- Client News
Paul, Weiss Client Achieves Successful Result in World Bank Sanctions Hearing
The World Bank Sanctions Board has determined that a Paul, Weiss public sector software company client is not subject to a period of debarment in connection with proceedings brought by the World Bank Vice Presidency for Integrity …
Apollo Affiliated Funds Acquire Protection 1 and ASG Security
- Jul 01, 2015
- Client News
Apollo Affiliated Funds Acquire Protection 1 and ASG Security
Funds managed by affiliates of Paul, Weiss client Apollo Global Management, LLC announced the concurrent closing of their acquisitions of Maryland-based ASG Security and Protection 1, a leading full-service business and home…
Client Alert: SEC Extends Application of FCPA Accounting Provisions in BHP Billiton Enforcement Action
- May 28, 2015
- Publications
Client Alert: SEC Extends Application of FCPA Accounting Provisions in BHP Billiton Enforcement Action
On May 20, 2015, the U.S. Securities and Exchange Commission ("SEC") announced a settled enforcement action against Anglo-Australian global resources firm BHP Billiton Ltd. and BHP Billiton Plc (collectively, "BHPB"), alleging…
Apollo Affiliated Funds to Acquire Protection 1 and ASG Security
- May 18, 2015
- Client News
Apollo Affiliated Funds to Acquire Protection 1 and ASG Security
Funds managed by affiliates of Paul, Weiss client Apollo Global Management, LLC announced the concurrent signing of definitive agreements to acquire Maryland-based ASG Security and Protection 1, a leading full-service business…
Awards & Recognition
Paul, Weiss and Mark Mendelsohn Win Who’s Who Legal Awards for Investigations
- Apr 12, 2016
- Awards
Paul, Weiss and Mark Mendelsohn Win Who’s Who Legal Awards for Investigations
Paul, Weiss was named Investigations Law Firm of the Year and litigation partner Mark Mendelsohn was recognized as Investigations Lawyer of the Year at the 2016 Who's Who Legal Awards.
Mark Mendelsohn Recognized by Ethisphere Magazine in Its 2015 “Attorneys Who Matter”
- Jul 10, 2015
- Awards
Mark Mendelsohn Recognized by Ethisphere Magazine in Its 2015 “Attorneys Who Matter”
Litigation partner Mark Mendelsohn is recognized as a "Top Gun" in Ethisphere Magazine's 2015 list of "Attorneys Who Matter."
Chambers USA 2013 Ranks Paul, Weiss Highly
- Jun 07, 2013
- Awards
Chambers USA 2013 Ranks Paul, Weiss Highly
District of Columbia: Antitrust, Joseph J Simons, Kenneth A Gallo, Litigation: General Commercial
AVCJ Awards "Private Equity Deal of the Year" to Paul, Weiss
- Nov 13, 2012
- Awards
AVCJ Awards "Private Equity Deal of the Year" to Paul, Weiss
Asian Venture Capital Journal (AVCJ) has recognized Morgan Stanley's investment in Tianhe Chemicals Group as its "Private Equity Deal of the Year." Tianhe is China's largest producer of lubricant-oil additives and a leading…
Chambers USA 2012 Ranks Paul, Weiss Highly
- Jun 07, 2012
- Awards