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Apr 24, 2015

LaVigne and Newcomb Publish Article on DOJ’s Expanded Criminal Enforcement Tools in the Sanctions Arena

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Shearman & Sterling’s Christopher LaVigne and Danforth Newcomb (both New York-Litigation) co-authored an article, titled “A New Tool for Extraterritorial Sanctions Enforcement,” that was published by Law360 on April 22.

The article discusses the Department of Justice’s latest criminal enforcement actions in the sanctions arena. Relying on a theory of “facilitation,” the DOJ recently obtained a guilty plea from a multinational manufacturing corporation, based on the oversight practices of its U.S. business segment. Unlike DOJ’s past criminal charges against financial institutions for “stripping,” DOJ’s latest case outlines a new theory and potential set of targets. As a result, the authors say, “Prudent multinational corporations must both understand the scope of the DOJ’s newest tool and adopt and implement compliance programs that will be effective in avoiding violations in this area.”

View article, A New Tool for Extraterritorial Sanctions Enforcement

Authors and Contributors

Christopher L. LaVigne

Partner

Litigation

+1 212 848 4432

+1 212 848 4432

New York

Danforth Newcomb

Of Counsel

Litigation

+1 212 848 4184

+1 212 848 4184

New York