Law.com Subscribers SAVE 30%
Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
Conducting Internal Investigations When Parent Is a Foreign Company
When suspicions of wrongdoing or illegal activity have arisen in your organization, an internal investigation should be considered to minimize damage to the organization's reputation and to limit the organization's exposure to criminal, civil and regulatory enforcement, and related action.
An internal investigation should be considered when there is a credible indication that a law or an important organizational policy has been violated within the global organization. The alleged misconduct may be at the parent or subsidiary level. Regardless of whether the allegation is at the parent or the subsidiary level, the organization has an obligation to investigate the allegation and remedy the situation promptly. What steps should the organization take to investigate the conduct? It is prudent that internal investigations regarding serious allegations should be conducted by external counsel that is not engaged as counsel for the parent or the subsidiary for other representation. Independence is the key.
It presents a significant challenge when the parent is a foreign company, and the conduct is alleged to have occurred at a United States subsidiary. What criteria should the foreign parent organization use to select counsel in the United States to conduct the independent internal investigation? These issues will be discussed in this article.
This premium content is locked for Entertainment Law & Finance subscribers only
ENJOY UNLIMITED ACCESS TO THE SINGLE SOURCE OF OBJECTIVE LEGAL ANALYSIS, PRACTICAL INSIGHTS, AND NEWS IN ENTERTAINMENT LAW.
- Stay current on the latest information, rulings, regulations, and trends
- Includes practical, must-have information on copyrights, royalties, AI, and more
- Tap into expert guidance from top entertainment lawyers and experts
Already a have an account? Sign In Now Log In Now
For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473
'Huguenot LLC v. Megalith Capital Group Fund I, L.P.': A Tutorial On Contract Liability for Real Estate Purchasers
In June 2024, the First Department decided Huguenot LLC v. Megalith Capital Group Fund I, L.P., which resolved a question of liability for a group of condominium apartment buyers and in so doing, touched on a wide range of issues about how contracts can obligate purchasers of real property.
Strategy vs. Tactics: Two Sides of a Difficult Coin
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
CoStar Wins Injunction for Breach-of-Contract Damages In CRE Database Access Lawsuit
Latham & Watkins helped the largest U.S. commercial real estate research company prevail in a breach-of-contract dispute in District of Columbia federal court.
The Power of Your Inner Circle: Turning Friends and Social Contacts Into Business Allies
Practical strategies to explore doing business with friends and social contacts in a way that respects relationships and maximizes opportunities.