Tuesday, December 16, 2008

Legal corruption will road-trip to Russia

Siemens AG is, no doubt, bringing its Davis Polk & Wardwell lawyers with them to Russia as it invests in nanotechnology.

In Russia, bribery is often simply a built-in cost of doing business, and Davis Polk, among others, appears to be quite proud of helping Siemens get off a little lighter after a decade of corrupt business practices.

Update: At Siemens, bribery was just a line item

No comments: