International Symposium Focuses on Foreign Corrupt Practices Act
The Indiana International & Comparative Law Review symposium on March 2, 2012 presented a day-long program titled “Recent Developments in the War on Corruption: The U.S. Foreign Corrupt Practices Act (FCPA) and Beyond” in the law school’s Wynne Courtroom.
Participants discussed the merits of the FCPA, which makes a distinction between illegal bribery and “grease payments” that may be legal under the Act if such payments do not break local laws. Another hot topic of discussion was the United Kingdom’s Bribery Act, which just went into effect in summer 2011 and is considered among the toughest anti-corruption statutes in the world. The UK’s law is so stringent, some fear it will put the UK at a competitive disadvantage. One presentation examined the United Nations Convention Against Corruption, which prohibits bribe paying and receiving within countries that have ratified the pact.
Participants included Professor Elizabeth K. Spahn of New England School of Law; Assistant Professor of Business Law Michael Koehler of Butler University; Mark Vlasic, Principal at Madison Law & Strategy Group PLLC and Senior Fellow and Adjunct Professor at Georgetown Law; Herbert Igbanugo, Founding Shareholder at Igbanugo Partners International Law Firm, PLLC; Bruce W. Bean, lecturer in Global Corporate Law at Michigan State University College of Law; Dr. A. Neil Campbell, Partner at McMillian LLP in Toronto; Mohamed Arafa, S.J.D. Candidate at the law school and Professor of Criminal Law and Criminal Justice Systems at Alexandria University in Egypt; Andrew Spalding, Visiting Assistant Professor of Law at IIT Chicago-Kent College of Law; and Angie Castille, partner at Faegre Baker Daniels.