Partners Carole Rendon, George Stamboulidis and John Carney, together with Associate Rachel Ofori, authored an article for Law360 titled “7 Takeaways for Companies After Justices’ Bribery Ruling” about the controversial Supreme Court decision on Snyder v. U.S. Published Sept. 24, 2024, the article provides context to the decision and lists seven issues that companies should consider moving forward:
- “Thank you” gifts may be okay in limited circumstances.
- Stay vigilant when it comes to local, state and federal laws and regulations regarding gift giving and lobbying.
- Consider self-disclosure to the relevant authorities should a potential bribery payment arise.
- Be aware of how Snyder applies to other corruption statutes.
- Note the limits on prosecutorial authority.
- Review existing policies and procedures regarding government interactions and gift giving.
- Document retention is key - retain accurate gift records to clarify the timing of the relative conduct.