Morvillo Abramowitz Partner Jonathan S. Sack shares insights on Glencore's $29.6M restitution in this recent article featured in the Anti-Corruption Report
May 31, 2023 | Anti-Corruption Report
Morvillo Abramowitz partner, Jonathan Sack, was recently interviewed regarding Glencore’s 2022 FCPA settlement and the related February 2023 restitution order against the company issued in the Southern District of New York.
In "Lessons from Glencore's $29.6 Million Restitution Order," a recent Anti-Corruption Report article, Jonathan Sack commented on the restitution order, which required Glencore, a global mining and commodity trading company, to pay substantial restitution after pleading guilty to conspiring to violate the Foreign Corrupt Practices Act (“FCPA”).
Jonathan Sack provides insights into the complex legal proceedings surrounding Glencore's restitution case and offers key takeaways for defense counsel representing companies in similar situations. Jonathan emphasized, above all, the importance of analyzing the claims of potential victims before entering into a plea agreement and having such claims in mind when negotiating statements of facts with the government. The article underscores Jonathan’s expertise in FCPA and international anti-corruption matters.
Lessons from Glencore’s $29.6 Million Restitution Order (pdf | 172.11 KB)