James Tillen Quoted Regarding FCPA Due Diligence of Targets in The Deal Pipeline

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The Deal Pipeline
03.20.15James Tillen was quoted regarding certain FCPA due diligence necessary as U.S. companies acquire or merge with companies offshore. In discussing the DOJ's recent Opinion Procedure Release addressing M&A due diligence, he noted that more guidance is needed when it comes to accounting and recordkeeping shortcomings that result from acquiring operations with FCPA issues: "The opinion release remarked on how bad a shape the target's books were. It didn't address whether that created the potential for successor liability under FCPA's accounting provisions."
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