Former Defense Secretary Donald Rumsfeld, when speaking about the Iraq War, took a lot of “writ” for saying there are unknown unknowns and that the unknown unknowns are difficult to manage. No doubt it is a weird statement on its face. But, most folks who manage risk for a living understand that the unknown unknowns…

FOCI – Foreign Ownership, Control and Interest Given the information and technology that U.S. defense contractors have and the role they play in U.S national security, U.S. defense contractors need to be particularly concerned about the dangers of the world. To manage the wild and dangerous world, regulations, particularly those detailed in the National Industrial…

“Oh baby, baby, it’s a wild world.” -Yusuf Islam, formerly known as Cat Stevens To assist businesses in operating in this wild world, the U.S. government tries to pass laws that it thinks will protect businesses and U.S. national security. The Foreign Agent Registration Act (22 U.S.C. 611 et seq.; 28 CFR Part 5) (FARA)…

Whether your organization is building an anti-corruption program from scratch, or improving an existing one, it can be an intimidating, time-consuming and costly process. Either way, thinking about an anti-corruption program strategically and holistically can build efficiencies and effectiveness. A holistic approach to an anti-corruption program allows leadership to provide strategic direction and to actually…

Given my practice area, people often ask me why people commit white-collar crimes. I ask myself this question; and, just as often, I ask myself how can I help my corporate clients mitigate the risks of committing a crime? Despite my lifelong quest to answer both these questions, I have no good answers. Unfortunately, the…

At times, corporations and their leaders fumble when assessing legal risks. The result is trouble – corruption, procurement fraud, securities violations, inflated earnings, and trade violations. When it happens, it often results in criminal prosecutions, shareholder lawsuits, and negative media creating a perception that companies are filled with scoundrels. Often the prosecutions, the lawsuits and…

Britain’s Serious Fraud Office is Serious About Punishing Corrupt Behavior (Even Those Who Can’t Pay Serious Fines) Britain’s Serious Fraud Office (SFO) has reached a deferred prosecution agreement with a “small to medium sized” company that as of this writing it cannot yet name. So for purposes of this post we will call that “small…

DOJ has been investigating hiring practices and accusing some U.S. companies of trading jobs and internships to obtain or retain international business…. check out below ABA article for some ideas to manage this risk.    American Bar Association Business Law Today:  Practical Steps to Mitigate Corruption Risks in Hiring

Some Detroit Public School (DPS) leaders may learn about detention first-hand for allegedly taking kickbacks from a businessman selling school supplies to Detroit schools.   According to the U.S. Department of Justice (DOJ), the owner of Allstate Sales (a business which sold school supplies to the Detroit schools) submitted fake invoices to some Detroit public…

©2018 Cassidy Law PLLC. All rights reserved.
Site by Boom Creative

logo-footer