Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Within the movement to “reform” the Foreign Corruption Practices Act (FCPA), one of the key platforms is limiting or eliminating successor liability. Holding one company responsible for the prior bad acts of a different company seems wrong. Add to that the fact that acquiring companies won’t and can’t know about purchased companies’ bribery, and the unfairness of continuing liability through a change in ownership—and possibly even a change in corporate structure—is manifest.

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2017 ALM Media Properties, LLC. All Rights Reserved.