Case Study: US V. BNP Paribas

Law360, New York (September 4, 2012, 5:38 PM EDT) -- On Aug. 6, 2012, in United States v. BNP Paribas SA, Case No. 11-3718 (S.D. Tex.), the United States District Court for the Southern District of Texas addressed a significant issue regarding the circumstances in which the statute of limitations for civil claims brought under the False Claims Act can be suspended under the Wartime Suspension of Limitations Act ("WSLA").

The defendant in U.S. v. BNP Paribas allegedly violated the FCA by filing fraudulent claims for federal credit guarantees between April of 2005 and September of...
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