In its June 20, 2016 ruling in RJR Nabisco, Inc. v. European Community, the U.S. Supreme Court settled a long-running debate on the extraterritorial application of the Racketeering Influenced and Corrupt Organizations Act

The ABA Antitrust Section’s Spring Meeting took place over three days in April in Washington DC. Keen to hear about and debate cutting edge issues in antitrust, over 3,000 antitrust lawyers attended, with more than 20% coming from outside the US. Three Baker & McKenzie attorneys participated in panels. Here…

As companies expand into overseas markets, they are increasingly turning to joint ventures (“JVs”) with local companies instead of acquisitions or establishing their own local greenfield operations. This trend is not surprising and is likely to continue. A JV with a local company usually offers faster market entry and can…

On December 10, 2014, the United States Court of Appeals for the Second Circuit vacated the insider trading convictions of two hedge fund portfolio managers, Todd Newman and Anthony Chiasson. United States v. Newman, No. 13-1837-cv (L) (2d Cir. Dec. 10, 2014), The decision substantially raises the government’s burden in…

On 18 November 2014, the US Securities and Exchange Commission (“SEC”) published its 2014 Annual Report to Congress on the Dodd-Frank Whistleblower Program (“Report”)– a program designed under Section 922 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”) to encourage the submission of information about violations of the…

Violation Means Compliance Program Was By Definition Ineffective Stark Contrast With New Draft Canadian Guidance In a pair of noteworthy and ultimately disappointing recent speeches, leading U.S. antitrust enforcers delivered the message that while they expect companies to invest substantially in antitrust compliance programs, they will not consider a company’s…