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Business Crimes Hotline
CALIFORNIA
Former Shoe Company Executive Pleads Guilty to Taking Bribes from Chinese Manufacturers
Scott Andrew Brabson, a former VP of the California-based shoe company Vans Inc., pled guilty to taking bribes and kickbacks from Chinese factories that manufactured Vans shoes and clothing. According to the plea agreement, in February 1999, Brabson arranged for Vans to hire Jay William Rosendahl as a product development consultant. Brabson and Rosendahl subsequently met with owners and managers of Chinese factories and informed them that in order to continue receiving product orders from Vans, the factories would have to send kickbacks amounting to 3% of Vans' orders. Brabson and Rosendahl provided the factories with a Hong Kong bank account number, and the factories wire-transferred the kickbacks into that account.
Also as part of his plea agreement, Brabson admitted that he fabricated e-mails and other communications that
The DOJ's New Parameters for Evaluating Corporate Compliance Programs
The parameters set forth in the DOJ's memorandum have implications not only for the government's evaluation of compliance programs in the context of criminal charging decisions, but also for how defense counsel structure their conference-room advocacy seeking declinations or lesser sanctions in both criminal and civil investigations.
The DOJ's Corporate Enforcement Policy: One Year Later
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
Use of Deferred Prosecution Agreements In White Collar Investigations
This article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.
Marketing Analytics: More Is Not Always Best
In the past few decades, law firms have made great strides in catching up with the rest of the corporate world and are reaping the benefits of all kinds of marketing. This acceptance by firm management is in great part due to an increased appreciation of analytics, made possible by digital marketing and social media.
Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.