The potential fines and costs arising from corporate bribery can be sizeable. But there is another risk for companies that have won government contracts because they bribed foreign officials: private lawsuits brought by clean competitors that have lost out on business as a result of bribery. In an age of ever-increasing public information about bribery, from governments, non-governmental organizations, anti-corruption activists and others, competitors on the losing side of bidding processes have more evidence to pursue these claims. In a guest article, Steve Huggard and James Maton, partners, and Katie Guarino, associate, at Edwards Wildman Palmer LLP, explain how suits against bribing competitors can be initiated and what is at stake.
In honor of International Women’s Day, some of ION Analytics' editorial teams led by women interviewed notable women in the markets and industries we cover. This part highlights notable women in compliance and hedge fund, data privacy and cybersecurity, and anti-corruption law, including Amii Barnard-Bahn, Abigail Bell, Genna Garver, Jane Horvath, Barbara Li, Amy Mushahwar, Mara Senn and Carol Widger. The interviews are here.