Legal Reform
By Todd Roberson on 12/02/2011 @ 10:48 PM
Tags: Legal Climate, Legal reform
There was some interesting news regarding the Foreign Corrupt Practices Act (FCPA) this week as a federal judge in Los Angeles dismissed the Department of Justice's first-ever conviction of a corporation under FCPA due to "flagrant" misconduct and "reckless" disregard to comply with its duties. The defendant was Lindsey Manufacturing, an Azusa, CA-based company that makes emergency electricity towers.
By Todd Roberson on 11/17/2011 @ 10:48 PM
Tags: Americans with Disabilities Act, Frivolous Lawsuits, Legal Climate, Legal Reform
This week the California Citizens Against Lawsuit Abuse (CALA) released a new report summarizing the roundtable discussions they held across the state in which they brought together local elected officials, community leaders and business owners to share different perspectives about how excessive litigation is hurting California and what can be done to stop it.
By Todd Roberson on 09/27/2011 @ 11:48 PM
Tags: Legal Reform, Legal Climate
Last Thursday New York City Corporation Counsel Michael Cardozo, the top lawyer for the city, highlighted the impact that lawsuit abuse has on local government and called for New York tort laws to be changed "to even the playing field." New York City paid out $561 million in tort and related cases in the 2011 fiscal year.
By Todd Roberson on 09/20/2011 @ 11:48 PM
Tags: Legal climate, Legal reform
Recently we blogged about the need for reforming the federal Foreign Corrupt Practices Act (FCPA). We'd like to share an editorial written by The Economist magazine last week that also points out the flaws in the FCPA and how Britain was able to craft a law that works better.
By Todd Roberson on 08/31/2011 @ 11:55 PM
Tags: Legal Climate, Legal Reform
In 1977, the Foreign Corrupt Practices Act (FCPA) was approved by Congress and signed into law to prevent companies from bribing foreign officials to receive new or continuing business from those officials' countries- a noble enough goal. However, over time, the vagueness of the law and a broad interpretation by the U.S. Department of Justice, which enforces FCPA and pursues damages from violators, has made American businesses that operate in other countries vulnerable to charges that go beyond the intent of the original FCPA. For instance, a company can be held liable for the actions of a rogue employee or subsidiary. It also unclear who exactly qualifies as a "foreign official."
By Kim Stone on 08/24/2011 @ 11:48 PM
Tags: Legal Climate, Legal Reform
Our friends with the California Citizens Against Lawsuit Abuse released a survey yesterday showing that California voters believe lawsuits are hurting our struggling economy, and that voters are more likely to vote for candidates that support legal reform. Some of the highlights of the survey are:
Comments
Leave a Comment