The Foreign Corrupt Practices Act (“FCPA”), enacted to deter bribery and other corrupt practices in the conduct of international business, originally claimed jurisdiction over U.S. companies and individuals who used the mail or other instrumentalities of interstate commerce to further a bribe.
During the aftermath of the financial crisis, Fannie Mae and Freddie Mac have been aggressively demanding that Wall Street and big bank aggregators repurchase millions of defaulted and distressed loans for alleged breaches of representations and warranties.
When negotiating a deal, it is critical for parties to be aware of when they have reached an agreement.
When you try cases, you spend a lot of energy thinking about how to present your client’s story as persuasively as you can. There are always options and sometimes there’s no clear choice how best to proceed.
What a quagmire we find ourselves in. Actually, that the NLRB finds itself in. Although continuing to issue rulings and advice memoranda in a sort of free- and unfettered-looking way, the question of the NLRB’s authority to have issued everything since January 2012 is now beneath the gavels of the Justices of the Supreme Court.