GCs Say FCPA Fears Spur More Careful Dealmaking

Law360, New York (February 26, 2013, 12:03 AM EST) -- As merger activity picks up and emerging markets lure growth-hungry companies, buyers continue to be on high alert for bribery and corruption in overseas acquisitions, according to a new survey of corporate counsel from Fulbright & Jaworski LLP.

The firm's annual litigation report, which surveyed 392 in-house lawyers, found that 18 percent of American companies engaged in Foreign Corrupt Practices Act due diligence for a cross-border deal in 2012, up from 11 percent a year earlier. For U.K. companies, the figures spiked from 20 percent to...
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