Monday, December 1, 2008
Volume:
24
Issue:
12
496
Abstract:
“On October 6, 2008, the U.S. Supreme Court denied without comment an appeal seeking a review of the Foreign Corrupt Practices Act’s (FCPA) application to illegal acts in foreign countries that are not directly related to the acquisition of a new business. The Supreme Court declined to issue a writ of certiorari sought by David Kay and Douglas Murphy, two former executives of the Rice Corporation of Haiti. They were convicted under the FCPA for bribing tax and customs agents in Haiti.”...[more]