Pure Law
From the Law Blog
- At DOJ's Request, Judge Dismisses FCPA Sting Case A federal judge on Tuesday dismissed a high-profile foreign bribery prosecution as he questioned the government's litigation tactics and legal theories underpinning the case. "This appears to be the end of a long and sad day in the annals of white-collar enforcement," U.S. District Judge Richard Leon said in court, several hours after prosecutors asked him to dismiss with prejudice the largest-ever Foreign Corrupt Practices Act case against individuals.
- Simpson Helps BC Partners Raise $8.6 Billion for Acquisitions Simpson Thacher & Bartlett is acting for London-based private equity giant BC Partners on one of the largest fundraising efforts in Europe since the global financial crisis began in 2008. BC has closed its BC European Capital IX fund after surpassing its target of raising $8.6 billion for leveraged buyouts.
- D.C. Circuit Upholds SEC's Permanent Bar Against Investment Adviser The D.C. Circuit has refused to erase an SEC order permanently barring a lawyer from associating with an investment adviser or an investment company. The court said the commission didn't step out of line when it issued its permanent bar in 1998 against John G. Black.
