Archive for the ‘Legal’ Category

February 22nd

Great Interview at Law Offices in LA

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Things were tough at my job, so it’s not like I just up and decided to quit, but sometimes you have to walk through the open door and into what ever the next portion of your life is. In this case I had barely stepped off the plane from Salt Lake City, lawyers from one of the hottest law offices in LA joined me just as I walked out of the secure area and started talking. It felt like a million miles a minute, but it turns out that someone who knew me and knew them had told them about me and they were curious if I wanted a job. This was somehow no joke, so I told them I would have my assistant call his assistant, but I had an appointment to be at right away.

I spent the whole day thinking about it after letting Jennifer know that I needed her to set up the interview. It seemed like a long shot, moving from Salt Lake City to Los Angeles, but I knew it would be really good for me if I picked up the nerve to do it. It might even be the thing that changes my life. As it turns out, the interview was a success. He really liked me, I really liked him, and I liked the rest of the staff I had a chance to meet. It wasn’t just easy though, it was really easy. I told him part of my fear in moving to Los Angeles would be that I wouldn’t be able to find a place to live in the area, and I don’t really like to deal with traffic too much. He said he knew someone, and we figured out a time I would be able to see a little apartment down the road from the law offices .

I went back to meeting with my client again and anticipated seeing this apartment. If there was a place for me to live when I got to Los Angeles it would make me feel a lot better about making this change. It turns out when I was done and met the agent, it wasn’t such a little apartment. Actually it was a three bedroom two bathroom apartment and was so cheap that I felt like I couldn’t pass it up. I called back the law office and my boss and broke to everyone the news. That’s how I got to this place where I am about to move to Los Angeles.

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September 28th

Anti-Bribery Provision of the Foreign Corruption Practices Act

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The anti-bribery provisions of the FCPA, Foreign Corruption Practices Act, makes it unlawful for a U.S. Citizen and certain foreign issuers of securities, to make an illegal payment to a foreign official for the purpose of obtaining and/or retaining a business for or with, or directing business to any person. The Act also applies to any foreign firm and the people who take any act in furtherance of such a corrupt payment while staying in the U.S.

The FCPA also requires all companies whose securities are listed in the U.S. To meet the accounting provisions that are listed in 15 U.S.C. At 78m. These accounting provisions are designed to operate alongside the anti-bribery provisions of the FCPA and require companies covered by the provisions to create and keep books and record accurately and that fairly reflects the transactions of the company, plus devise and maintain an adequate system of internal accounting controls.

The FCPA’s Anti-bribery provisions basic prohibition makes it illegal to bribe foreign government officials in order to obtain and/or retain business. There are five elements, with respect to the basic prohibition, which must be met to constitute a violation of the Act: 1). Any individual, officer, director, firm, employee or agent of a company and any stockholder acting on behalf of said company will be penalized if they authorize, assist or order someone else to violate the anti-bribery provisions. 2). The person authorizing or making the payment must have a corrupt intent and the payment must be intended to induce the recipient to misuse his or hers official position. 3). Paying, promising, offering to pay money or anything else of value. 4). The recipient extends only to corrupt payments to a foreign official, a foreign political party or party official, or any candidate for foreign political office. 5). payment made in order to assist the firm in obtaining or retaining business for or with, or directing business to, any person.

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