The FCPA Professor reports that a group of non-governmental organizations (NGOs) has requested that Blackfire Exploration, a Canadian mining and exploration company, be investigated for possible violations of Canada’s Corruption of Foreign Officials Act (CFPOA) for alleged improper payments to the Mayor of Chicomuselo, Chiapas.
The NGOs claim that Blackfire provided the mayor with benefits, including airline tickets for himself, his family and his associates, but acknowledge that Blackfire stopped honoring the “ridiculous propositions” after the the mayor asked it to arrange a sexual affair with a Playboy model.
John Rogers of Strasburger & Price, LLP and Ramiro Rangel of Forastieri Abogados, S.C. have published an article entitled Liquidation of Multinational Companies: Implications for Mexican Subsidiaries. Copies are available here and on the website of the National Association of Bankruptcy Trustees.