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                                                Private costs, public gains – the reality of SFO policy
                                            
                                            
                                                
                                        
                                    
                                                
                                                    Self reporting and civil recovery are appealingly pragmatic elements of the new Serious Fraud Office approach but they leave individual suspects more exposed, warns Neill Blundell of Eversheds.
                                                    
                                                    
                                                
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                                    Online Published Date: 
                                                    
                                                        21 December 2009
                                                    
                                                
                                                
                                                    Appeared in issue: 
                                                    
                                                            Dec 09 / Jan 10 - 01 December 2009
                                                    
                                                
                                            
                                            
                                                Private costs, public gains – the reality of SFO policy
                                            
                                            
                                                
                                        
                                    
                                                
                                                    Self reporting and civil recovery are appealingly pragmatic elements of the new Serious Fraud Office approach but they leave individual suspects more exposed, warns Neill Blundell of Eversheds.
                                                    
                                                    
                                                
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                                    Online Published Date: 
                                                    
                                                        21 December 2009
                                                    
                                                
                                                
                                                    Appeared in issue: 
                                                    
                                                            Dec 09  / Jan 10 - 01 December 2009
                                                    
                                                
                                            
                                            
                                                SFO charges first executive with overseas corruption
                                            
                                            
                                                
                                        
                                    
                                                
                                                    
                                                    
                                                    
Robert Dougall, former vice-president of DePuy International, a subsidiary of Johnson & Johnson (J&J), been charged has with conspiracy to corrupt in the first criminal prosecution of an executive for overseas corruption brought by the..
                                                
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                                    Online Published Date: 
                                                    
                                                        21 December 2009
                                                    
                                                
                                                
                                                    Appeared in issue: 
                                                    
                                                            Dec 09  / Jan 10 - 01 December 2009
                                                    
                                                
                                            
                                            
                                                SFO charges first executive with overseas corruption
                                            
                                            
                                                
                                        
                                    
                                                
                                                    
                                                    
                                                    
Robert Dougall, former vice-president of DePuy International, a subsidiary of Johnson & Johnson (J&J), been charged has with conspiracy to corrupt in the first criminal prosecution of an executive for overseas corruption brought by the..
                                                
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                                    Online Published Date: 
                                                    
                                                        21 December 2009
                                                    
                                                
                                                
                                                    Appeared in issue: 
                                                    
                                                            Dec 09 / Jan 10 - 01 December 2009
                                                    
                                                
                                            
                                            
                                                Downside up
                                            
                                            
                                                
                                        
                                    
                                                
                                                    
                                                    Timon Molloy, Editor
                                                    
                                                
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                                    Online Published Date: 
                                                    
                                                        21 December 2009
                                                    
                                                
                                                
                                                    Appeared in issue: 
                                                    
                                                            Dec 09 / Jan 10 - 01 December 2009
                                                    
                                                
                                            
                                            
                                                Downside up
                                            
                                            
                                                
                                        
                                    
                                                
                                                    
                                                    Timon Molloy, Editor
                                                    
                                                
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                                    Online Published Date: 
                                                    
                                                        21 December 2009
                                                    
                                                
                                                
                                                    Appeared in issue: 
                                                    
                                                            Dec 09  / Jan 10 - 01 December 2009
                                                    
                                                
                                            
                                            
                                                Corporate identity theft: a forged signature may bind the company
                                            
                                            
                                                
                                        
                                    
                                                
                                                    It is trite law that contracts made by an agent within the scope of his actual or ostensible authority are binding on the principal, so that the principal’s liability on them is primary and personal. After the case of Alan Lovett [1], it seems that the same principle will apply to contracts in which the agent has forged the signature of his principal. Andrew Keltie and Charles Thomson of Baker & McKenzie analyse this case of ‘corporate identity theft’.
                                                    
                                                    
                                                
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                                    Online Published Date: 
                                                    
                                                        21 December 2009
                                                    
                                                
                                                
                                                    Appeared in issue: 
                                                    
                                                            Dec 09 / Jan 10 - 01 December 2009
                                                    
                                                
                                            
                                            
                                                Corporate identity theft: a forged signature may bind the company
                                            
                                            
                                                
                                        
                                    
                                                
                                                    It is trite law that contracts made by an agent within the scope of his actual or ostensible authority are binding on the principal, so that the principal’s liability on them is primary and personal. After the case of Alan Lovett [1], it seems that the same principle will apply to contracts in which the agent has forged the signature of his principal. Andrew Keltie and Charles Thomson of Baker & McKenzie analyse this case of ‘corporate identity theft’.
                                                    
                                                    
                                                
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                                    Online Published Date: 
                                                    
                                                        21 December 2009
                                                    
                                                
                                                
                                                    Appeared in issue: 
                                                    
                                                            Dec 09  / Jan 10 - 01 December 2009
                                                    
                                                
                                            
                                            
                                                Keep the red flags flying
                                            
                                            
                                                
                                        
                                    
                                                
                                                    Internal threats from rogue employees are pernicious but tried and tested alert mechanisms offer effective defence as Les Dobie of Grant Thornton describes.
                                                    
                                                    
                                                
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                                    Online Published Date: 
                                                    
                                                        21 December 2009
                                                    
                                                
                                                
                                                    Appeared in issue: 
                                                    
                                                            Dec 09 / Jan 10 - 01 December 2009
                                                    
                                                
                                            
                                            
                                                Keep the red flags flying
                                            
                                            
                                                
                                        
                                    
                                                
                                                    Internal threats from rogue employees are pernicious but tried and tested alert mechanisms offer effective defence as Les Dobie of Grant Thornton describes.
                                                    
                                                    
                                                
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                                    Online Published Date: 
                                                    
                                                        21 December 2009
                                                    
                                                
                                                
                                                    Appeared in issue: 
                                                    
                                                            Dec 09  / Jan 10 - 01 December 2009
                                                    
                                                
                                            
                                            
                                                An AMECable arrangement
                                            
                                            
                                                
                                        
                                    
                                                
                                                    
                                                    Jeremy Summers, Partner, Russell Jones & Walker (+44 (0) 20 7657 1786, J.Summers@rjw.co.uk, www.rjw.co.uk) © Jeremy Summers December 2009.
                                                    
                                                
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                                    Online Published Date: 
                                                    
                                                        21 December 2009
                                                    
                                                
                                                
                                                    Appeared in issue: 
                                                    
                                                            Dec 09  / Jan 10 - 01 December 2009
                                                    
                                                
                                            
                                            
                                                An AMECable arrangement
                                            
                                            
                                                
                                        
                                    
                                                
                                                    
                                                    Jeremy Summers, Partner, Russell Jones & Walker (+44 (0) 20 7657 1786, J.Summers@rjw.co.uk, www.rjw.co.uk) © Jeremy Summers December 2009.
                                                    
                                                
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                                    Online Published Date: 
                                                    
                                                        21 December 2009
                                                    
                                                
                                                
                                                    Appeared in issue: 
                                                    
                                                            Dec 09 / Jan 10 - 01 December 2009
                                                    
                                                
                                            
                                            
                                                US surge
                                            
                                            
                                                
                                        
                                    
                                                
                                                    
                                                    Bill Waite is Group Chief Executive Officer, The Risk Advisory Group (+44 (0) 20 7578 0000, Bill.Waite@riskadvisory.net)
                                                    
                                                
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                                    Online Published Date: 
                                                    
                                                        21 December 2009
                                                    
                                                
                                                
                                                    Appeared in issue: 
                                                    
                                                            Dec 09 / Jan 10 - 01 December 2009
                                                    
                                                
                                            
                                            
                                                US surge
                                            
                                            
                                                
                                        
                                    
                                                
                                                    
                                                    Bill Waite is Group Chief Executive Officer, The Risk Advisory Group (+44 (0) 20 7578 0000, Bill.Waite@riskadvisory.net)
                                                    
                                                
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                                    Online Published Date: 
                                                    
                                                        21 December 2009
                                                    
                                                
                                                
                                                    Appeared in issue: 
                                                    
                                                            Dec 09  / Jan 10 - 01 December 2009
                                                    
                                                
                                            
                                            
                                                Pulling it all together – systems, rules and case management
                                            
                                            
                                                
                                        
                                    
                                                
                                                    
                                                    
                                                    
A large organisation is likely to run multiple fraud detection tools; the problem lies less in generating alerts, although sifting the genuine from false positives is a challenge, than in how to read across the diverse outputs. Business process..
                                                
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                                    Online Published Date: 
                                                    
                                                        21 December 2009
                                                    
                                                
                                                
                                                    Appeared in issue: 
                                                    
                                                            Dec 09 / Jan 10 - 01 December 2009
                                                    
                                                
                                            
                                            
                                                Pulling it all together – systems, rules and case management
                                            
                                            
                                                
                                        
                                    
                                                
                                                    
                                                    
                                                    
A large organisation is likely to run multiple fraud detection tools; the problem lies less in generating alerts, although sifting the genuine from false positives is a challenge, than in how to read across the diverse outputs. Business process..
                                                
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                                    Online Published Date: 
                                                    
                                                        21 December 2009
                                                    
                                                
                                                
                                                    Appeared in issue: 
                                                    
                                                            Dec 09  / Jan 10 - 01 December 2009
                                                    
                                                
                                            
                                            
                                                Too good to be true?
                                            
                                            
                                                
                                        
                                    
                                                
                                                    
                                                    Andrew Watt is Managing Director, Tax Disputes & Investigations, Alvarez & Marsal Taxand UK, LLP (+ 44 (0) 20 7715 5200, awatt@alvarezandmarsal.com)
                                                    
                                                
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                                    Online Published Date: 
                                                    
                                                        21 December 2009
                                                    
                                                
                                                
                                                    Appeared in issue: 
                                                    
                                                            Dec 09 / Jan 10 - 01 December 2009
                                                    
                                                
                                            
                                            
                                                Too good to be true?
                                            
                                            
                                                
                                        
                                    
                                                
                                                    
                                                    Andrew Watt is Managing Director, Tax Disputes & Investigations, Alvarez & Marsal Taxand UK, LLP (+ 44 (0) 20 7715 5200, awatt@alvarezandmarsal.com)
                                                    
                                                
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                            
                                                    Online Published Date: 
                                                    
                                                        21 December 2009
                                                    
                                                
                                                
                                                    Appeared in issue: 
                                                    
                                                            Dec 09  / Jan 10 - 01 December 2009