How to be – and stay – successful in the U.S. market

Business Breakfast with Factwell, LLC

A German-owned company in the U.S. finds out from the newspapers that their contract partner had been involved in a criminal case and had to pay punitive and compensatory damages of several million dollars. One of three counts in Volkswagen’s $4.3 billion guilty-plea was for the crime of obstruction of justice – arising from document destruction based on the advice of internal legal counsel. German companies often limit their due diligence efforts to M&A transactions, and cry out “data privacy!” when requested to produce comprehensive data and documentation before court. However, in the U.S., a comprehensive and constant collection of information in every phase of every business activity in the market is not only legal, but an indispensable and essential part of the responsibility of CEOs, managers, or executives of any active enterprise in this market. If the rules of data transfer and information exchange are being ignored, or if the value of intelligence regarding customers, contract partners, and other third parties is being underestimated, companies may suffer not only severe financial losses, but also reputational damage.

In this seminar, we will:
-Explain which information you need why and when
-Provide best practices how to avoid the risk of costly rule violations.

Topics we will cover:
-The Power Of Information:
-E-Discovery, Big Data and German privacy rules
-Due Diligence XXL: Do you really know your business partner?
-Industrial espionage – Is the danger real?
-Compliance and White Collar Crime
-U.S. litigation tips and traps