In the context of mergers and acquisitions under the FCPA, in a near perfect example of the Howard Sklar maxim that 'water is wet" the 2012 FCPA Guidance stated "mergers and acquisitions present both risks and opportunities. A company that does not perform adequate FCPA due diligence prior to a merger or acquisition may face both legal and business risks. Perhaps most commonly, inadequate due diligence can allow a course of bribery to continue-with all the attendant harms to a business's profitability and reputation, as well as See more +

In the context of mergers and acquisitions under the FCPA, in a near perfect example of the Howard Sklar maxim that 'water is wet" the 2012 FCPA Guidance stated "mergers and acquisitions present both risks and opportunities. A company that does not perform adequate FCPA due diligence prior to a merger or acquisition may face both legal and business risks. Perhaps most commonly, inadequate due diligence can allow a course of bribery to continue-with all the attendant harms to a business's profitability and reputation, as well as potential civil and criminal liability." While most compliance practitioners have been long aware of the requirement in the post-acquisition context, the 2012 FCPA Guidance focused many compliance practitioners for the need to engage in robust pre-acquisition due diligence. See less -