Introduction
<a Hilton v Guyot, is the most influential case in the United States—and perhaps globally—on the use of comity as a basis for recognising and enforcing foreign judgments. In that case, Justice Gray of the United States Supreme
Petition Summary: Silicon Metal from the Republic of Angola, Australia, the Lao People’s Democratic Republic, Norway, and the Kingdom of Thailand
On April 24, 2025, Ferroglobe USA, Inc. (“Ferroglobe”) and Mississippi Silicon LLC (Mississippi Silicon”) (collectively, “Petitioners”), filed a petition for the imposition of antidumping and countervailing duties on U.S. imports of ferrosilicon from the Republic of Angola (“Angola”), Australia, the
Issues To Consider From The Boston Consulting Group Enforcement Action
This previous post highlighted the recent $14.4 million Foreign Corrupt Practices Act enforcement actions against Boston Consulting Group (BCG) concerning conduct in Angola.
This post highlights additional issues to consider.
Voluntary Disclosure
The DOJ’s “declination with disgorgement” letter mentions “BCG’s
A Focus On Angola
Angola is probably not a country that tops most people’s list of the location of Foreign Corrupt Practices Act enforcement actions.
Yet, Angola is one of the largest oil producing countries in Africa. This means that oil and gas and
Checking In On Trafigura
Trafigura, a global commodities company has been under Foreign Corrupt Practices Act, and related scrutiny, for several years.
Last week, the Office of the Attorney General of Switzerland announced that a criminal indictment was filed against the company (and others)
Issues To Consider From The Frank’s Enforcement Action
This recent post highlighted the approximate $8 million FCPA enforcement action against Frank’s International based on conduct in Angola.
This post highlights additional issues to consider.
Timeline
As highlighted in this prior post, in June 2016 Frank’s International disclosed:
Frank’s International Resolves $8 Million FCPA Enforcement Action
The SEC has announced that Frank’s International N.V., (a Dutch oilfield services provider) now known as Expro Group Holdings N.V., has resolved an approximate $8 million Foreign Corrupt Practices Act enforcement action.
The conduct at issue based focuses on Angola and
Angola’s Back! Five Key 2020 Moves to Increase Oil and Gas Stakeholder Returns
For a brief period in 2009, Angola was Africa’s largest oil producer with production reaching 2 million barrels per day. Current production is around 1.37 million barrels per day. This reduction is generally attributed to (i) naturally production profile declines
The Limits of the G20’s Debt Service Suspension Initiative
As of May 1, G20’s Debt Service Suspension Initiative (DSSI) for 76 International Development Association (IDA) countries and least developed countries (LDCs) has become operational. However, it remains unclear whether private-sector creditors will collaborate on such efforts for those countries,
Angola: Ramping Up the Fight Against Corruption
For the first time in 133 years, Angola has a new penal code. On January 23, 2019, the National Congress of Angola approved the new code, which will replace the one put in place by the Portuguese just after