Recovering Damages When FCPA Prosecution Misfires: Part 2
December 10, 2012, 12:31 PM EST
Law360, New York (December 10, 2012, 12:31 PM EST) -- In part 1 of this article, we discussed the impact of sovereign immunity — the immunity of suits directly and indirectly against the United States for money damages — following a failed prosecution under the U.S. Foreign Corrupt Practices Act. Those rules, including the limitations of the Equal Access to Justice Act (EAJA), establish daunting obstacles to those seeking compensation for a prosecution that misfires.
But what if, instead of suing the government itself, former defendants were to seek relief from the government officials who caused...
Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.