Corporate Counsel magazine recently issued a report that should cause multi-national corporations and their counsel to pay attention: Trend Watch: Foreign Bribery Actions Doubled Last Year.
Specifically, the magazine reported that enforcement actions under the Foreign Corrupt Practices Act (“FCPA”) nearly doubled in 2010, rising to 76 (with complaints against 23 companies and 53 individuals). In 2009, the SEC and Justice Department brought 45 actions (against 12 corporations and 33 individuals). That number was a significant jump again from 2008 when the government brought 37 actions against companies and individuals.
The pace seems to be continuing as well. This month, Paul Hastings, one of the leading international firms advising on FCPA investigations, issued its first Quarterly FCPA Report for 2011 [PDF]. So far this year, it reports, enforcement continues apace, with actions brought against four companies and seven individuals, along with a blockbuster forfeiture and a number of guilty pleas and settlements. The forfeiture amounted to nearly $149 million and related to a high-profile arms contract case involving 22 indicted defendants. Continue reading
This week, TransPerfect Legal Solutions, one of the world’s leading providers of global legal support services, and Catalyst announced their partnership to provide comprehensive litigation support throughout Asia. Through this partnership, clients in Asia will benefit from the combination of Catalyst’s premium hosting solution and TLS’s industry-leading multilingual translation and managed review capabilities.
In business since 1992, TLS has offices throughout Asia and the world. It offers a full suite of litigation support services, including translations and multi-language managed review.
“As data volumes increase, companies are looking for better ways to streamline reviews,” said Richard Kershaw, managing director of Catalyst Asia. “The Catalyst platform has always excelled in supporting multiple languages, and by partnering with TLS, we are now able to offer our clients full multilingual capabilities and document-focused litigation support services tailored to the needs of Asia-based projects.”
To learn more about the partnership between TLS and Catalyst, read or download the full announcement.
Catalyst and Lighthouse Document Technologies yesterday jointly announced their partnership that will enable them to provide clients with end-to-end coverage of the e-discovery lifecycle, from processing to production.
Lighthouse, based in Seattle, is a leading full-service e-discovery provider. The company offers a comprehensive suite of e-discovery services to collect, process, host and produce documents. The company’s clients include leading law firms, Fortune 500 companies and government agencies.
The partnership provides Catalyst’s clients with access to Lighthouse’s expertise in electronic data processing, data collection, scanning and reprographics. Lighthouse clients will now have easy and integrated access to Catalyst’s powerful, multi-language processing, search and review platform.
To learn more about the partnership, read the full announcement.