Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

Responding to Mounting Pressure on Inhouse Lawyers

Inhouse lawyers face increasing challenges guiding their company through the international business environment.

In this session Nick Burkill and Jan M. Greve address a range of different challenges and provide practical guidance.

INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 1

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

Bribery: Anti bribery standards and challenges currently facing Norwegian and other West European companies:

 For Asia as a whole it is estimated that 40% of all firms depend on bribes to maintain or develop business and the similar number for Russia is said to be 60%  Angola is seen as Norway’s main trading partner in Africa despite estimates from Global Witness indicating that at least 15% of the country’s oil revenues are paid to governmental officials

INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 2

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Bribery:

In the headlines:

BLE ADVART

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

D ØMT ULOVLIGE: Jon Fredrik Baksaas trosset advarsler om at de indiske lisensene var kjøpt …….

INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 3

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Bribery:

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 4

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

Bribery: Anti bribery standards and challenges currently facing Norwegian and other West European companies:

     Experiences of Norwegian and other European companies The solution to the dispute over dividing the Barentz Sea and part of the Arctic Ocean into clear economic zones may open the way for cooperation on a grand scale Lack of transparent and efficient bureaucratic procedures, problems with finding reliable local partners, tax regime and corruption as obstacles to investments The fine balancing act between efforts to control risk and efforts to build trust Increasing enforcement activity in the US and UK

INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 5

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Bribery: UK Law

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

    Basic offences of bribing, being bribed, bribing foreign public officials New offences:  Corporate: failing to prevent corruption  Senior officers: consenting to or conniving (turning a blind eye) in corruption UK courts’ Jurisdiction under the Act:    Basic offences: act or omission within the UK jurisdiction; or a relevant person having a close connection with the UK Failing to prevent corruption offence: UK commercial organisation or foreign commercial organisation doing part of its business in the UK Senior officers offence: individual with close connection to the UK Requirement of compliant adequate procedures

INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 6

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

Bribery: Real life challenges re zero tolerance for corruption

:

 Partners of a law firm in Asian country turned out to play poker on a regular basis with governmental officials  Corrupt custom control officer claimed small amount of cash to release critical software package (and to avoid millions in penalties for late delivery)  Immigration officer who offered to waive visa obligation for $50 in cash  $500 to avoid blood test at immigration in African country with widespread HIV  Invites to football matches, tennis tournaments, etc  Police issuing on the spot fines in cash

INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 7

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Bribery: Responses

: Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

 Assess the risks faced by the company  The introduction or updating of effective anti-corruption policies and procedures tailored to the risks        leading from the top prohibition of bribery dealings with agents gifts, hospitality & donations conflicts of interest record keeping reporting  The enforcement of anti-corruption policies and procedure  Use relevant recognised principles

INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 8

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Long Arm Jurisdiction: Legal framework

 Anti-trust laws  Securities fraud laws  Foreign Corrupt Practices Act  Bribery Act  Export Administration Regulations

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 9

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

EMBARGO: In the headlines: Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

Derfor ble kubanerne Utestengt

INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 10

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Anti Trust:

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

Dawn raids and legal protection

 Range of laws and regulations authorise competition authorities to secure evidence and issue fines to those suspected of breaking competition laws

INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 11

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Anti Trust:

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

BØTELAGT: Tolv flyselskaper er ilagt til sammen 800 millioner euro, tilsvarende 6,5 milliarder kroner, i bøter av EU-kommisjonen, skriver Le Monde. Blant selskapene er KLM, Air France og British Airways - og SAS. Foto:

ODD ANDERSEN/Afp

INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 12

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

Long Arm Jurisdiction: Solutions

 Anti-trust     employee training prohibitions on commitments breaching anti-trust laws encouraging employees to take advice informal  FCPA/Bribery Act    risk review policies & procedures enforcement  Generally  relevant local advice

INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 13

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Insider dealing in Norway:

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

    1985: 2000: 2008: Now: New legislation One conviction in 1995 (Vesta) Six further convictions

Eitek-Jervan fikk ubetinget fengsel Tross full tilst åelse, ble det ubetinget fengselsstraff for Kongsberg-mannen Lars Jervan (44).

Han var i utgangspunktet anklaget b åde for innsidehandel og skattesvik knyttet til virksomheten i Nera Networks, datterselskap til det børsnoterte Drammens-firmaet Eltek. Jervan var leder i Nera Networks.

P åtalemyndigheten har frafait punktet om innsidehandel.

Fem m åneder

Kongsberg tingrett ved sorenskriver Stein Husby er kommet til at Jervans skattesvik kvalifiserer til ubetinget fengsel. Hvis tilst åelsesdommen blir stående, venter en fengeisstraff på fem måneder frarukket 59 dager i varetekt.

Stangeland beskyldes for innsidehandel

Solgte et stort antall aksjer rett f ør svake kvartalstall ble lagt fram. Les mer

Dnb Nor f år 26 millioner i straff for innsidehandel

Forelegg og inndragning fra Økokrim etter flere brudd på verdipapirhandelloven.

Nettavisen-journalist d ømt for ulovlig innsidehandel

Domt til å sone fire måneder i fengsel. Les mer

Journalist risikerer 3,5 års fengsel for innsidehandle Journalist d ømt for innsidehandel

Nettavisen-ansatte Thomas Gulbrandsen m å i fengsel for innsidehandel i Sinvest. VEDTAR BOTEN : Statkraft innr ømmer markedsmanipulasjon og innsidehandel.

Straffes for innsidehandel Sju tiltales for innsidehandel

Onsdag vil statsadvokat Harald L. Gr ønlien offentiggjøre p åtaleavgjørelsen I saken mot de sju som er siktet for innsidehandel med Acta-aksjer. Fred A. Ingebrigtsen tiltales som hovedmann, mens de øvrige seks siktede tiltales for medvirkning.

INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 14

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Insider dealing: The Law

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

   Insider with inside information    deals in securities encourages another to deal in securities discloses the information Inside information is specific information about particular securities that is not public and would be likely to have significant effect on price if made public Insiders may not be aware of the relevance of their disclosure .

INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 15

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Insider dealing: Solutions

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

     Employee training Identify and protect relevant transactions Reporting internally Clearance requirements Internal investigations and enforcement .

INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 16

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Money Laundering: The threat

In the headlines: Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

Swansea mortgage fraud solicitor jailed

INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 17

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Money Laundering: The law

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

 Principle offences:    concealing, disguising, converting, transferring the proceeds of crime assisting the acquisition, retention or use of the proceeds of crime acquiring, using or possessing the proceeds of crime  Terrorism offences:  similar offences relating to terrorist funding  Regulated sector offence of failing to report suspicion of money laundering  Offence of making a disclosure likely to harm an investigation once a report has been made to the authorities

INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 18

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

Money Laundering: Responses



Due diligence

  

understanding transactions understanding counter-parties risk analysis



Enforcement of policy



internal investigation INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 19

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

Corporate Governance and Liabilities of Individual Officers: Legal advice giving rise to criminal charges

: INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 20

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

Corporate Governance and Liabilities of Individual Officers :

 Among challenges faced by Kvaerner in 2001 was the risk of parent becoming unable to repay group debt and the potential liability of management and board members (of subsidiaries) contributing to group cash pooling.

 Over the last 10 years in Norway

:

About 50 decisions by Lagmannsrettene and H øyesterett on individual liability for board members  About another 50 decisions on such liabilities by Tingrettene  Anticipated that about another 100 such cases were settled out of court  Courts in Norway apply stricter judgement in such cases for individuals with special competences; especially for auditors, but reason to believe also applicable to (inhouse) lawyers

INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 21

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

Corporate Governance and Liabilities of Individual Officers:

  Ensuring compliance with laws and regulations impacting companies Requirements of individuals

INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 22

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

Corporate Governance and Liabilities of Individual Officers: Solutions

  Policies           group controls/authorities framework tenders and contract policy legal company secretariat financial planning & property control taxation group audit environment, health & safety business ethics intercompany trading Individuals     understand and comply with fiduciary duties documenting decision-making monitoring business activities keep asking critical questions

INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS

.

2012 23

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

Corporate Governance and Liabilities of Individual Officers: Piercing the Corporate Veil From DN Article in 2004:

“Truer Aker Kværner

Det australske gruveselskapet Equatorial Mining truer med nye rettssaker mot hele Aker Kv ærner dersom selskapet gjør alvor av truselen om å slå det amerikanske datterselskapet Kvaerner (US) Inc. konkurs.

Dersom Aker Kv ærner erklærer sitt amerikanske datterselskap konkurs for å unng å å betale den idømte erstatningen, vil Aker Kværners ledelse utsette hele sin globale virksomhet for risikoen for nye rettssaker. En konkurs vil medføre at hele Aker Kværner-konsernet blir dratt inn i Equatorials rettsprosesser mot det amerikanske datterselskapet, sier Equatorials amerikanske advocat, Robert J. Quinn til Dagens Næringsliv.

Quinn sier et fors øk på å erklære det amerikanske datterselskapet konkurs, vil kreve en enda nærmere granskning av Aker Kværners regnskapspraksis.

Ingen kommentar I Aker Kv ærner ønsker man ikke å kommentere saken.

- Vi har h ørt, og respondert på, vår motparts argumentasjon i rettssalen, og domstolen har slått fast at denne saken er isolert til et av våre amerikanske datterselskaper. Nye partsinnlegg fra deres advokat nå ser vi ingen grunn til å kommentere nærmere, sier informasjonsdirektør Geir Arne Drangeid i Aker Kværner til DN.”

INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 24

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

Corporate Governance and Liabilities of Individual Officers: Piercing the Corporate Veil Legal framework

 A way in which corporations can fail to accomplish their purpose of limiting and containing liability  When courts “pierce the corporate veil” they treat different corporations as if they were a single corporation  The key question is often if the parent and its subsidiary acted and presented themselves as one corporation to such an extent that it is fair to treat them in legal proceedings as if in fact they are one corporation  Corruption

INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 25

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

Corporate Governance and Liabilities of Individual Officers: Piercing the Corporate Veil Solutions

 It is in practice primarily the task of in-house lawyers to maintain the “walls” between the corporations and thereby in multinational groups often save millions of dollars when “walls” successfully withstand attack  Precautionary measures eg

:

 arms length inter company agreements  clear company policies  website information  corporate formalities, business cards, stationery used in correspondence, marketing materials, e-mail signatures, etc.

 documented training, audit of business practices, etc.

INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 26

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

Discovery:



Electronic Documents



Risks of



providing inadequate disclosure



not understanding the effect of disclosure



destruction of documents



competing document retention and discovery laws



losing privilege and its limitations INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 27

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Discovery: The law

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]



The obligation to produce relevant documents to an opponent whether or not a document harms or supports the case



This extends in the US to production of witnesses for pre-trial examination



Documents may be privileged from production INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 28

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Discovery: Responses

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]



Document preservation



Preventing dangerous documents being created



Document management



Proportionate reviews and analysis INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 29

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 30

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

Nicholas Burkill

  

Nick has broad experience of representing and advising clients on a wide range of domestic and international disputes.

His experience includes advising and representing companies on fraud and corruption issues, including recovering the proceeds of fraud and corruption and conducting internal corporate investigations.

Nick is a solicitor advocate.

From 2002 – 2008 he served as a member of the Civil Procedure Rule Committee and in 2009-2010 served as a member of working parties responsible for drafting the innovative electronic disclosure practice direction and questionnaire now in use in English courts.

Third party comments include

 “Burkill … scores highly with observers, who admire the “professionalism and confidence” he displays in complex cases.” (Chambers UK)     “Nicholas Burkill is instrumental in shaping strategy for clients embroiled in major fraud and commercial disputes. Peers deeply approve of an approach that “combines force with judgment.” “[Nick] works around the clock for clients ”who commend him for his talent in “explaining complex concepts to the non-specialist.” (Chambers UK) “Nicholas Burkill is an expert in bribery and corruption matters, and is widely considered by sources to be an authority on the implications of the new Bribery Act. Sources describe Burkill as "extremely personable, very bright, client-focused and always looking for the best commercial solutions." (Chambers UK) “Nicholas Burkill … is ‘an enormously experienced fraud litigator, with great depth of knowledge; intelligent and hardworking, with an excellent sense of humour. One of the best around’.” (Legal 500) An opponent who gave evidence to the High Court that “I cannot recall another case in 30 years of practice that has been defended more ferociously”

INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 31

Nicholas Burkill

Partner T: +44 (0)207 826 4583 [email protected]

Jan M. Greve

Of Counsel T: +44 (0)207 826 4545 [email protected]

Jan Greve



Of Counsel attorney in Dorsey’s Corporate group, Norwegian Advokat. Practice areas include international mergers and acquisitions, corporate finance, engineering and construction contracts, resolution of legal disputes, risk management, corporate policies and procedures, management training on contracts and commercial awareness, general corporate and commercial work, including negotiations, contact with authorities etc.

 

Related Experience



Kvaerner Group

1989 to 2002. Group Legal Director and Senior Vice President (based in London from 1996). Several board memberships in many of the most important subsidiary companies of the Kvaerner Group.   

Norsk Hydro

1985 to 1989. Four and a half years as in-house counsel, including one and a half years as Head of Legal in one of Norsk Hydro’s subsidiary companies in Germany.

Norwegian Tax Authorities

1978 to 1985. Including approximately 3 years as tax inspector in one of the principal inland revenue offices (Baerum) in Norway.

Lier, Röyken, Hurum County Court

1981 to 1982. 1 year as assistant judge in a Norwegian County Court.

Professional Activities

 Rica Hotels - 1989 to 2010. Non-executive director of one of Norways foremost hotel chains  Aker Insurance AS - 1991 to date. Chairman of the Control Committee

INDUSTRIJURISTGRUPPENS VINTERSEMINAR 8. – 11. MARS 2012 Wadahl Høyfjellshotell 32