March 26, 2012
The Wall Street Journal blog Corruption Currents noted a client advisory authored by the White Collar Crime and Investigations and International Trade practice groups at Kelley Drye & Warren LLP. The advisory, "BizJet FCPA Settlement Illustrates the Benefits of Self-Reporting and Compliance" discusses BizJet's settlement with the Department of Justice under the Foreign Corrupt Practices Act (FCPA). The resolution was notable for its comparatively small fine. The BizJet case demonstrates how important it is for companies engaged in international business to maintain robust compliance protocols and engage in thorough and honest FCPA self-reporting. The advisory provides partner Julian Solotorovsky as the contact for more information.