On April 21, 2012, the New York Times published an article concerning Wal-Mart Stores Inc. (“Wal-Mart” or the “Company”) covering up a bribery campaign in Mexico. An internal Wal-Mart investigation had revealed widespread bribery. The story led to a steep decline in Wal-Mart’s stocks, and because the investors were misled about the bribery, they sued […]
In our article, “Supreme Court Framework for Extraterritorial Cases,” we analyzed the requirements international cases face before being tried under United States laws, such as the requirement that the “focus” of the relevant statute pertain to regulating foreign organizations. However, finding the proper jurisdiction is the first hurdle an international lawsuit must overcome before proceeding […]
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