Jonathan B. Wilson

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Jonathan Wilson is an Atlanta attorney with more than 19 years of experience guiding growing private and public companies.  He currently serves as the outside general counsel of several companies and is the former general counsel of (NASDAQ: WWWW) and EasyLink Services (NASDAQ: ESIC).  He is also the founding chair of the Renewable Energy Committee of the American Bar Association's Public Utility Section.

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Tuesday, August 28, 2012

DOJ to Issue Guidance on Foreign Corrupt Practices Act
Assistant Attorney General Lanny Breur announced at a conference recently that the Department of Justice would be issuing new guidance on the U.S. Foreign Corrupt Practices Act. 

The Foreign Corrupt Practices Act (or "FCPA") is a U.S. law that dates back to the 1970s and prohibits U.S. companies and their agents from making payments to foreign government officials to induce them to act in derogation of their duties.

The law was originally intended to prevent U.S. oil companies from bribing their way into lucrative drilling contracts in the Middle East but the law is flexible enough to cover many other situations.  Because the law can bring criminal
sanctions, officers and employees of U.S. companies need to exercise extreme care when negotiating contracts outside the U.S.  

The new guidance should be helpful to attorneys who advise U.S. companies on international sales representative and reseller contracts.   
8:48 am edt 

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Jonathan B. Wilson is an Atlanta attorney at the law firm of Taylor English Duma LLP.  Jonathan B. Wilson provides legal advice to investors, companies and business executives involving corporate law, securities law, SEC matters, intellectual property, website and Internet legal issues, start-ups, limited liability companies, partnerships, 1934 Act matters, outsourcing, strategic alliance agreements, contracts, and other matters of importance to growing private and publicly-traded companies.