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In order to provide an overview for busy in-house counsel and
compliance professionals, we summarize below some of the most
important international anti-corruption developments from the past
month, with links to primary resources. This month we ask: Which
company resolved a foreign bribery case in Scotland? What was the
outcome of a three-year foreign bribery trial in Italy? Why is
Brazil s former president free to run for office again, despite
multiple corruption convictions? The answers to these questions and
more are here in our March 2021 Top 10 list.
Tips for foreign-owned U.S. companies to reduce legal costs
and risks as recovery takes shape.
All companies large and small, domestic and international, have
been affected by the international Covid-19 pandemic. The pandemic
has caused extensive disruption to international travel and
commerce, led to delinquencies in rental payments and other debt
obligations, lay-offs, international visa and tourism restrictions,
and numerous other economic hardships.
In the United States, two rounds of Small Business
Administration
Paycheck Protection Program (PPP) loans have been granted to
many companies, including foreign-owned U.S. companies. In many
cases, the loans have been forgiven by the SBA and do not need to
my Miller, shareholder in the Litigation section and co-head of the firm's Washington, D.C. office and Barbara Binzak Blumenfeld, shareholder in the firm's Life Sciences Industry Group, presented a.
Sacramento, Calif. (April 9, 2021) - As of July 1, 2020, "[e]very person who is an officer, member, responsible manager, or director of a corporation or limited liability company seeking licensure.
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On April 1, 2021, Judge Matthew F. Kennelly of the Eastern
District of Illinois denied a motion to dismiss a claim under
Sections 10(b) and 20(a) of the Securities Exchange Act of 1934
(the Exchange Act ), and Rule 10b-5 thereunder, against
a surgical implants manufacturer (the Company ) and
certain of its current and former officers.
Lowry v. RTI
Surgical Holdings Inc., No. 20-cv-01939 (N.D. Ill. Apr. 1,
2021). Plaintiffs alleged that defendants made materially
false and misleading statements regarding the Company s
accounting and revenue recognition practices which caused a stock