Post Merger Liability For Import-Related Trade Risks

Law360, New York (March 25, 2010, 12:03 PM EDT) -- In the nearly 10 years that have elapsed since the 9-11 attacks, U.S. Federal agencies regulating international trade have significantly stepped up their enforcement and penalty actions in the name of national security. Press reports are filled with stories of large penalties imposed and settlements reached for violation of export control regulations and the Foreign Corrupt Practices Act.

In March 2007, the U.S. Department of Justice issued a press release announcing an agreement by a major U.S. defense contractor to pay a $100 million penalty and...
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