Phonachiari LawyerIn recent years, many Japanese companies have been investigated by the US government, and there have been many cases of prosecution or conviction and criminal penalties such as huge compensation and imprisonment of employees.Most of them were due to the detection of car parts cartels, but the investigation by these governments has finally come to an end, and now many companies are forced to deal with civil lawsuits (class action) following criminal cases, and many companies have huge settlement money. It is a situation to pay.The anti-trust investigation by the U.S. government, which has seemingly slowed down, will continue to calm down, or the investigation by the U.S. Department of Justice will be activated again due to fraudulent inspections and data falsification cases that have been making noise in the media these days. He talked about how Japanese companies should reduce costs from the perspective of legal defense, such as the legal costs of being investigated by the US government and the costs of subsequent civil proceedings.Many of the cartel cases were launched by Amnesty International, and one day an investigator suddenly came in (called Dawn Raid, an on-site inspection without prior notice) to cooperate with the U.S. Department of Justice. Must be decided within 24 hours.The task of discovery (discovery procedure) becomes important because it is necessary to inform the Ministry of Justice of what kind of content to cooperate with, and it is necessary to grasp the content immediately within the company.Information usually needs to be provided within a couple of weeks, so early discovery and early submission of useful information will lead to a reduction in fines, and the order in which the information is provided to the Justice Ministry is crucial. The commentary with specific stories continued.
Dr. Warren BoltonDr. Warren Bolton explained specific guidelines for calculating "fines", which was often talked about by Attorney Fonatiari, and best practices for minimizing fines.The fine calculation guideline is calculated by multiplying 20% of the affected transaction amount (due to the violation) by the liability score.The multiplier is based on the liability score and varies from 0.75 to 4 depending on the nature of the offense.To minimize this fine, it is effective to reduce the Volume of Commerce (VOC). The smaller the VOC, the lower the payment.In the US proceedings, the seminar was closed with the words that it would be wise to hire an economist immediately, as it is possible to reduce fines and damages by effectively calculating the figures involved in the proceedings.
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