ILMA Compoundings December 2016 - 21

INTERNATIONAL INSIGHT

Import & Export Compliance
Personal Liability:
The Real Risk Grows
James Eggenschwiler

I

n 2014, a ground-shaking judicial decision introduced the
controversial notion that individual employees and officers
of corporate importers could face personal liability for
corporate import infractions. The import community was
understandingly left in disbelief. Following on the heels of
that development, Assistant U.S. Attorney General Sally Yates
published an equally polarizing and mind-numbing policy
memo to all Department of Justice (DOJ) staff announcing a
shift that prohibits extension of settlement to corporations (and
other entities) that are investigated for suspicion of wrongdoing

until the corporation has provided complete details concerning
every individual that is potentially involved with or responsible
for the suspected infraction. The potential scope of this second
event not only included import activity, but also included all
other corporate activity within the scope of DOJ enforcement.
The global trade community, as a whole, began to take stock of
the implications posed by this one-two punch. Initially, doubts
persisted that enforcement would withstand scrutiny. Not
anymore.

Compoundings December 2016 * 21 * Vol. 66 No. 12



ILMA Compoundings December 2016

Table of Contents for the Digital Edition of ILMA Compoundings December 2016

ILMA Compoundings December 2016 - 1
ILMA Compoundings December 2016 - 2
ILMA Compoundings December 2016 - 3
ILMA Compoundings December 2016 - 4
ILMA Compoundings December 2016 - 5
ILMA Compoundings December 2016 - 6
ILMA Compoundings December 2016 - 7
ILMA Compoundings December 2016 - 8
ILMA Compoundings December 2016 - 9
ILMA Compoundings December 2016 - 10
ILMA Compoundings December 2016 - 11
ILMA Compoundings December 2016 - 12
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ILMA Compoundings December 2016 - 15
ILMA Compoundings December 2016 - 16
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ILMA Compoundings December 2016 - 40
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