SEC Tries to Write 'Facilitating Payments' Exception Out of FCPA

Recently, a lawsuit brought by the SEC alleging FCPA violations against two individuals related to a global oil and gas drilling services company nearly went to trial in federal court in Texas. As one of the only civil FCPA cases to proceed to that stage of litigation, the case provided unique insights into the SEC's interpretation of key provisions of the FCPA.

18 minute read January 31, 2015 at 11:00 PM
By
David Krakoff, Lauren Randell And Paige Ammons
SEC Tries to Write 'Facilitating Payments' Exception Out of FCPA

Last summer, a lawsuit brought by the Securities and Exchange Commission (SEC) alleging Foreign Corrupt Practices Act (FCPA) violations against two individuals related to Noble Corporation, a global oil and gas drilling services company, nearly went to trial in federal court in Texas.

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