X
13Aug

After Soaring Settlement, SFO Propels Corruption Charges Against Airbus Subsidiary

Mere months after Airbus entered into a record-breaking, nearly $4 billion resolution with the U.S., U.K., and France to settle foreign bribery allegations, the U.K.’s Serious Fraud Office (“SFO”) moved on July 30, 2020, to bring additional corruption charges against Airbus. This time, the charges are against subsidiary GPT Special Project Management Ltd. (“GPT”) and three individuals in connection with GPT’s Saudi Arabian operations and alleged corruption by GPT’s former Managing Director when...
By: Vinson & Elkins LLP
Source Url: https://www.jdsupra.com/legalnews/after-soaring-settlement-sfo-propels-74085/

Related

Holding Up the Green: Hart-Scott-Rodino and its Impact on Cannabis M&A Transactions

Although the federal government seems to have turned a blind eye to the legalization of the medical ...

Read More >

Some “Truths” About The Retirement Plan Business

I’m very outspoken, probably too much. Many people in the industry don’t like flamethrowers who ca...

Read More >

Salary History Ban Spreads—New Jersey and New York Jump on Board!

New Jersey and New York are the latest states to prohibit employers from asking job applicants about...

Read More >

FTC Announces New Decreased HSR Filing Thresholds For 2021

On February 2, 2021, the Federal Trade Commission (FTC), the agency charged with administering preme...

Read More >

Navigating COVID-19 for the Right of Way Industry

COVID-19 has undoubtedly upended the world, including the way we do business and the future of our e...

Read More >

Fifth Circuit: Procedural Win Is Not Grounds for Attorney’s Fees

The Fifth Circuit concluded that a plan participant was not entitled to recover attorneys’ fees for...

Read More >