Worldwide: Emerging Anticorruption Trends in Latin America

Joseph Mamounas and Marcelo Ovejero are attorneys in Holland & Knight's Miami office

Whether fair or not, Latin America historically has been regarded as a region where corruption is deep and pervasive.1

Between 2000 and 2001, various Latin American nations ratified the Convention on Combating Bribery of Foreign Public Officials in International Business Transactions (Anti-Bribery Convention), adopted under the auspices of the Organization for Economic Cooperation and Development (OECD). The Anti-Bribery Convention requires its signatories to introduce significant anticorruption measures into their legal systems. In Latin America, however, the situation remained unchanged for many years, and it took almost ten years for significant anticorruption efforts to develop in the region.

The purpose of this article is to provide a brief overview of the most recent anticorruption trends in three Latin American countries that, due to their importance for international business, are—and should be—of great interest to practitioners in anticorruption and internal investigations.

Argentina: A New Anticorruption Law on the Horizon

Argentina is one of five Latin American signatories to the OECD's Anti-Bribery Convention.2 Generally, the Anti-Bribery Convention obliges Argentina to adopt measures to criminalize, investigate and sanction the bribery of foreign officials committed in its territory and abroad, when Argentine nationals are involved.3 Although it ratified the Anti-Bribery Convention in April 2001,4 Argentina remains noncompliant with its obligations.5

Efforts to change the current situation, though, began after President Mauricio Macri assumed office in December 2015. Indeed, the Macri administration recently submitted to the Argentine Congress a bill (Argentina Bill) intended to address Argentina's compliance with several articles of the Anti-Bribery Convention.6 Two aspects of the Argentina Bill are relevant for the purposes of this article.

First, the Argentina Bill creates a criminal liability regime for legal entities involved in foreign bribery,7 thereby fulfilling Argentina's obligation under the Anti-Bribery Convention to establish the liability of legal persons for the bribery of a foreign public official.8

The Argentina Bill holds a legal entity criminally liable for the acts of corruption—including the bribery of foreign officials—of its owners, controlling shareholders, directors, officers, agents and even independent contractors, provided that these acts (1) are directly or indirectly committed on the entity's behalf or to advance its interest; (2) have the potential to benefit the entity; and (3) result from the entity's "inadequate control and supervision," which means not having in place a compliance program prior to the commission of these acts.9 Under the Argentina Bill, a legal entity is subject to a wide array of sanctions that include fines ranging from 10% to 20% of its gross revenue for the fiscal year immediately preceding the commission of the corrupt acts; suspension of its activities, patents or trademarks; prohibition to receive government contracts or benefits; publication of the sentence; and compulsory dissolution.10

Perhaps the most salient feature of the Argentina Bill is that the legal entity's criminal liability does not derive from the act of corruption itself, but rather from the entity's failure to implement a compliance program designed to prevent the commission of such an act.11 Liability for the corrupt act pertains only to the individuals who committed it, and it is wholly independent from the legal entity's liability.12 This omission-based model is followed in other Anti-Bribery Convention countries (e.g., Chile), and notably differs from the commission-based model of the pioneering U.S. Foreign Corrupt Practices Act of 1977, where the legal entity is criminally liable for the act of corruption itself13 and the existence of a compliance program only impacts the applicable sanction.14

One potential issue that Argentina could face if it finally adopts this criminal liability regime is that the Argentina Bill is remarkably vague in its description of the elements a compliance program must contain to defeat the "inadequate control and supervision" standard. The Argentina Bill merely states that a compliance program is adequate when it is commensurate with the risks of the legal entity's activity, the entity's size and its economic capability.15 The Argentina Bill also lists various elements that a compliance program "may" contain (e.g., a code of ethics, whistleblower protections and third-party due diligence),16 but it does not indicate whether the presence or absence of some or all of these elements is determinative for liability purposes. Because the adequacy of a compliance program is the main element of the criminal offense, the Argentina Bill could be constitutionally challenged as being vague, and thus as failing to give notice of the legal entity's conduct's illegality.

Second, the Argentina Bill establishes Argentina's jurisdiction over acts of bribery committed abroad by Argentine nationals and legal entities domiciled in Argentina.17

Argentina's Penal Code already makes it a crime to bribe foreign officials in connection with an economic, financial or commercial matter.18 But currently, the Penal Code applies solely to (1) crimes committed, or having effects, in Argentina; and (2) crimes committed abroad by Argentine officials.19 In other words, Argentina's Penal Code does not apply to crimes committed abroad by Argentine nationals who are not Argentine officials, i.e., the class of Argentine nationals that—for obvious reasons—could be expected to be more often involved in foreign bribery. At present, therefore, Argentina has jurisdiction to prosecute the bribery of foreign officials when it takes place within its territorial limits, but not when it occurs abroad, except for the rare case where the bribe is offered or paid by an Argentine official.

The Argentina Bill's jurisdictional proposal not only would cure this peculiar deficiency in Argentine law, but also would make Argentina compliant with its obligation under the Anti-Bribery Convention to exercise jurisdiction to prosecute its nationals for offenses committed abroad.20

Brazil: Anticorruption Plea Agreements in Limbo

Brazil's Law No. 12846, more commonly known as the Clean Companies Act (CCA), is considered to be one of the toughest anticorruption regimes in the world, as it imposes strict administrative or civil liability on legal entities for acts of corruption committed in their interest or benefit.21 To date, however, there has been almost no enforcement of the CCA.22

Part of the reason for this dearth of enforcement has to do with the CCA's leniency program. Conceived as a key investigative tool under the CCA, the leniency program basically allows legal entities that violated the CCA to enter into a plea agreement with the Brazilian authorities by offering their cooperation to investigate the violation, in exchange for avoiding possible sanctions and mitigating other ones.23 In practice, though, application of the CCA's leniency program has met substantial opposition.

The major issue with this program is that it authorizes the executive branch of the government—through its Transparency Ministry—to execute plea agreements with legal entities liable for acts of corruption without the intervention or control of any other public institutions.24 The exclusion of other public institutions encompasses the Federal Public Prosecutor's Office, which operates independently from the other three branches of government and has the specific mission of investigating and prosecuting criminal and civil wrongdoing against the state,25 including corruption cases.

As expected, federal prosecutors in Brazil strongly have opposed such unsupervised plea agreements between the government and legal entities that the Federal Public Prosecutor's Office is investigating for corruption.26 Among other things, the federal prosecutors have pointed out that these agreements have been negotiated by executive branch officials working under the authority of politicians who themselves were believed to be involved in the acts of corruption that motivated the negotiations!27

The objections of the Federal Public Prosecutor's Office to the CCA's leniency program have had a tremendous impact in the context of the renowned Operação Lava Jato (Operation Car Wash). Operation Car Wash is the name given to a federal criminal investigation that has uncovered massive acts of corruption in contracts between the Brazilian state-owned company Petrobras and multiple companies in the private sector. Dozens of high-profile politicians and businessmen have been detained or implicated in the investigation.

In early 2016, the government of former President Dilma Rousseff commenced leniency program negotiations with several companies involved in the Petrobras corruption scandal. The exclusion of the Operation Car Wash prosecutors from these negotiations was so heavily criticized that when President Michel Temer replaced Rousseff after her removal from office via impeachment, the government decided to suspend the negotiations.28 In May 2016, the Transparency Ministry, responsible for the negotiations, explained that the government would wait for the Brazilian Congress to pass a new law for the CCA's leniency program.29

Only a few months later, in July 2016, though, the government resumed plea-agreement discussions with the Operation Car Wash companies without waiting for the enactment of new legislation.30 Interestingly, this time the government conditioned the execution of the plea agreements on the approval of the Federal Public Prosecutor's Office, among other public institutions.31 As explained above, there is no such requirement in the current CCA—the government can by itself enter into plea agreements,32 but in this case evidently believed it prudent not to act unilaterally.

Unfortunately, the government's de facto regime for plea agreements did not contribute to further progress in the Operation Car Wash negotiations. When the government was about to finalize the first plea agreement under the CCA's leniency program in September 2016, the Federal Public Prosecutor's Office objected on the ground that the legal entity involved in the agreement was receiving excessive benefits.33 Moreover, in October 2016, the head of the Transparency Ministry announced that all plea-agreement discussions pertaining to Operation Car Wash had been halted to allow the federal prosecutors to conclude their investigation.34

The bottom line is that plea agreements under the CCA's leniency program, i.e., Brazil's main tool in its combat of corporate corruption, are in limbo.

Chile: Enhanced Standards for Anticorruption Compliance Programs

A reputed international anticorruption practitioner observes that, while most international companies have compliance programs in place, it is often the case that these programs are not vigorously enforced within the company, and as result, the robustness of these programs is not sufficiently tested.35 In Chile, this issue and its legal implications are at the heart of an ongoing, high-profile matter arising under Chile's criminal statute for legal entities.

In Chile, Law No. 20393 follows an omission-based model for the anticorruption liability of legal entities.36 As explained before, a legal entity is criminally liable under this model not for the corrupt act itself, but for its failure to implement a compliance program designed to prevent the commission of such an act.37 Thus, a compliance program and its adequacy are central to criminal liability under Chile's corporate anticorruption statute. In this regard, a distinctive feature of the Chilean system is that a legal entity may have its compliance program certified by entities authorized and regulated by Chile's insurance regulator.38 The legal effect of this certification—as well as the legal consequences that an entity issuing an improper certification would suffer— remains unclear.39 No tribunal has yet ruled on this question, and while some maintain that a certification excuses a legal entity from criminal liability,40 the Public Prosecutor's Office is of the opinion that a certification merely heightens the state's burden of proof.41

The meaning and scope of Law 20393's provisions on the adequacy and certification of a compliance program are currently being explored in the criminal investigation of Corpesca S.A. (Corpesca). The largest fishing company in Chile, Corpesca is under investigation for alleged violations of Law No. 20393 stemming from the bribery, by Corpesca officials, of Chilean legislators responsible for passing a new statute for the fishing industry.

In a recent arraignment hearing, Corpesca denied the charges against it, and stressed the fact that, prior to the commission of the bribery, it had in place a compliance program that was certified by a prestigious external auditor.42 The Chilean prosecutors acting in the case countered that Corpesca's program basically was a façade adopted to feign compliance with Law 20393.43 Specifically, the prosecutors alleged that (1) key Corpesca personnel, including its general manager, were not even aware of the program's existence; (2) employment agreements within the company were not modified to incorporate basic aspects of the program; (3) Corpesca conducted no compliance training for its personnel; and (4) the company's compliance officer was not given the autonomy and resources needed to carry out his mission.44

Essentially, the position of the Public Prosecutor's Office is that the existence of a certified compliance program alone is not sufficient to avoid criminal liability under Law 20393—rather, effective implementation of the compliance program is required.45 While this position does not constitute the law in Chile, it does provide clear guidance on how the statute will be enforced in future cases, and ultimately, on the standards to which companies subject to Chilean jurisdiction will be held until—and if—a court takes a different position on this matter.

The recent anticorruption developments in Argentina, Brazil and Chile show that a more robust anticorruption culture is taking hold in Latin America, with concrete consequences in the legal and economic ends of the spectrum. There is no question that Latin American nations still must implement significant structural adjustments to their legal systems, but the anticorruption environment in the region is changing rapidly. As anticorruption efforts remain a focus of governments and prosecutors globally, further developments should be expected in Latin America, which underscores the need for practitioners to stay abreast of future anticorruption trends in the region.


1 Scheherazade S. Rehman & Frederick V. Perry, Corruption, Constitutions and Crude in Latin America, 20 L. & Bus. Rev. Am. 163, 169 (2014).

2 Law No. 25319 art. 1, 6 Oct. 2000, 29506 B.O. 9 (Arg.).

3 See Convention on Combating Bribery of Foreign Public Officials in International Business Transactions arts. 1, 4, 17 Oct. 1997, 37 I.L.M. 1 [hereinafter Anti-Bribery Convention].

4 See Organization for Economic Cooperation and Development, Ratification Status as of 21 May 2014, OECD, daf/anti-bribery/WGBRatificationStatus.pdf (last visited 18 Nov. 2016). 5 OECD Working Group on Bribery, Phase 3 Report on Implementing the OECD Anti-Bribery Convention in Argentina, OECD

5 OECD Working Group on Bribery, Phase 3 Report on Implementing the OECD Anti-Bribery Convention in Argentina, OECD 5 (11 Dec. 2014), Phase-3-Report-ENG.pdf. The OECD Working Group on Bribery conducts on-site visits to the signatory countries "to monitor and promote the full implementation of th[e] Convention." Anti-Bribery Convention, supra note 3, art. 12.

6 Poder Ejecutivo Nacional, Mensaje No. 127, Argentina.gob. ar (20 Oct. 2016) , oa-responsabilidad_penal_personas_juridicas_-_proyecto_pen.pdf . [hereinafter Argentina Bill].

7 Id. art. 1.

8 Anti-Bribery Convention, supra note 3, art. 2.

9 Argentina Bill, supra note 6, art. 3.

10 Id. art. 16.

11 Id. at 7 ("In its Article 3, [the bill] proposes to hold legal entities liable for a defect in its internal organization").

12 See id. art. 8.

13 15 U.S.C. §§ 78dd1, 78dd2, 78dd3 (2016).

14 See U.S. Sentencing Guidelines Manual § 8C2.5(f) (U.S. Sentencing Comm'n 2016).

15 Argentina Bill, supra note 6, art. 30.

16 Id. art. 31. On this point, the Argentina Bill differs from the laws of other countries using a similar omission-based model for liability of legal entities, such as Chile, whose legislation lists elements that an entity's compliance program "must" contain to avoid liability. See Law No. 20393 art. 4, 25 Noviembre 2009, Diario Oficial [D.O.] (Chile) [hereinafter Law No. 20393].

17 Argentina Bill, supra note 6, art. 35.

18 Código Penal [Cód. Pen.] [Criminal Code] art. 258 bis (Arg.).

19 Id. art. 1.

20 Anti-Bribery Convention, supra note 3, art. 4.2.

21 Lei No. 12.846 art. 2, de 1 de Agosto de 2013, Diario Oficial da União [D.O.U.] de 2.8.2013 (Braz.) [hereinafter CCA].

22 See Shin J. Kim et al., Brazil, in Anti-Corruption Regulation 31, 33 (Homer E. Moyer Jr. ed., 2016) ("There have been no conclusive decisions yet on investigations or enforcement proceedings involving foreign bribery in Brazil").

23 CCA, supra note 21, art. 16.

24 Id.

25 See Constituição Federal [C.F.] [Constitution] art. 129 (Braz.).

26 See Procuraduria-Geral da República, Medida Provisória que Trata de Acordos de Leniência é Inconstitucional, Diz PGR, MPF (26 Apr. 2016, 3:07 PM), que-trata-de-acordos-de-leniencia-e-inconstitucional-dizpgr.

27 Id.

28 Leandro Colon, Temer Congela Novos Acordos com Citadas na Operação Lava Jato, Folha de S. Paulo (17 May 2016, 2:00 AM), novos-acordos-com-citadas-na-operacao-lava-jato.shtml.

29 Id.

30 As a matter of fact, to this day, the Brazilian Congress has not yet passed new legislation on the CCA's leniency program. See Projetos de lei Sobre Acordo de Leniência Estão Parados no Congresso, MPD., parados-no-congresso/ (last visited 18 Nov. 2016).

31 See Gustavo Uribe & Aguirre Talento, Governo Temer Prepara Acordo de Leniência com Empresas na Lava Jato, Folha de S. Paulo (9 Jul. 2016, 2:00 AM), br/poder/2016/07/1789986-governo-temer-prepara-acordo-deleniencia- com-empresas-na-lava-jato.shtml ; Vinicius Sassine, Acordos de Leniência com Empreiteiras Investigadas na Lava-Jato Estão Emperrados, O Globo (19 Sep. 2016, 5:24 PM), com/brasil/acordos-de-leniencia-com-empreiteiras-investigadas-nalava- jato-estao-emperrados-20136330.

32 See supra p. 4.

33 Sassine, supra note 31.

34 Anthony Boadle, Acordos de Leniência Estão em Suspenso Devido a Pactos de Delação, diz Ministro Jardim, Reuters Brasil (5 Oct. 2016, 6:04 PM), idBRKCN1252K2.

35 Juan P. Morillo, Trends in International White Collar Crime Enforcement, Int'l White Collar Enforcement, March 2013, at 1, 7.

36 See Law No. 20393, supra note 16, art. 3.

37 See supra p. 2. See also Fiscal Nacional del Ministerio Público, Instrucción General que Imparte Criterios de Actuación Para la Investigación y Persecución Penal de las Personas Jurídicas, Fiscalia 7, (last visited 18 Nov. 2016) [hereinafter Instrucción General] ("[T]he company's liability does not derive directly from the crime committed by one of its executives or agents, but it is rather a consequence of the noncompliance of the company's direction and supervision duties").

38 Law No. 20393, supra note 16, art. 4(4)(b).

39 See OECD Working Group on Bribery, Chile: Follow-up to the Phase 3 Report & Recommendations, OECD 4 (31 May 2016), http:// Report-ENG.pdf ("[M]ore precise clarification of the legal effect of certification would be beneficial").

40 See Matteson Ellis, Anti-Corruption Laws in Chile: Three Things Companies Should Know, FCPAméricas (19 Dec. 2013), http:// chile-companies/.

41 Instrucción General, supra note 37, at 9-10.

42 See Matías Balmaceda, Modelos de Prevención de Papel, Capital Online (27 Oct. 2016), 2016/10/27/171009-modelos-de-prevencion-de-papel.

43 See id.

44 See id.

45 Instrucción General, supra note 37, at 7, 10.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

To print this article, all you need is to be registered on

Click to Login as an existing user or Register so you can print this article.

In association with
Related Topics
Related Articles
Up-coming Events Search
Font Size:
Mondaq on Twitter
Register for Access and our Free Biweekly Alert for
This service is completely free. Access 250,000 archived articles from 100+ countries and get a personalised email twice a week covering developments (and yes, our lawyers like to think you’ve read our Disclaimer).
Email Address
Company Name
Confirm Password
Mondaq Topics -- Select your Interests
 Law Performance
 Law Practice
 Media & IT
 Real Estate
 Wealth Mgt
Asia Pacific
European Union
Latin America
Middle East
United States
Worldwide Updates
Registration (you must scroll down to set your data preferences)

Mondaq Ltd requires you to register and provide information that personally identifies you, including your content preferences, for three primary purposes (full details of Mondaq’s use of your personal data can be found in our Privacy and Cookies Notice):

  • To allow you to personalize the Mondaq websites you are visiting to show content ("Content") relevant to your interests.
  • To enable features such as password reminder, news alerts, email a colleague, and linking from Mondaq (and its affiliate sites) to your website.
  • To produce demographic feedback for our content providers ("Contributors") who contribute Content for free for your use.

Mondaq hopes that our registered users will support us in maintaining our free to view business model by consenting to our use of your personal data as described below.

Mondaq has a "free to view" business model. Our services are paid for by Contributors in exchange for Mondaq providing them with access to information about who accesses their content. Once personal data is transferred to our Contributors they become a data controller of this personal data. They use it to measure the response that their articles are receiving, as a form of market research. They may also use it to provide Mondaq users with information about their products and services.

Details of each Contributor to which your personal data will be transferred is clearly stated within the Content that you access. For full details of how this Contributor will use your personal data, you should review the Contributor’s own Privacy Notice.

Please indicate your preference below:

Yes, I am happy to support Mondaq in maintaining its free to view business model by agreeing to allow Mondaq to share my personal data with Contributors whose Content I access
No, I do not want Mondaq to share my personal data with Contributors

Also please let us know whether you are happy to receive communications promoting products and services offered by Mondaq:

Yes, I am happy to received promotional communications from Mondaq
No, please do not send me promotional communications from Mondaq
Terms & Conditions (the Website) is owned and managed by Mondaq Ltd (Mondaq). Mondaq grants you a non-exclusive, revocable licence to access the Website and associated services, such as the Mondaq News Alerts (Services), subject to and in consideration of your compliance with the following terms and conditions of use (Terms). Your use of the Website and/or Services constitutes your agreement to the Terms. Mondaq may terminate your use of the Website and Services if you are in breach of these Terms or if Mondaq decides to terminate the licence granted hereunder for any reason whatsoever.

Use of

To Use you must be: eighteen (18) years old or over; legally capable of entering into binding contracts; and not in any way prohibited by the applicable law to enter into these Terms in the jurisdiction which you are currently located.

You may use the Website as an unregistered user, however, you are required to register as a user if you wish to read the full text of the Content or to receive the Services.

You may not modify, publish, transmit, transfer or sell, reproduce, create derivative works from, distribute, perform, link, display, or in any way exploit any of the Content, in whole or in part, except as expressly permitted in these Terms or with the prior written consent of Mondaq. You may not use electronic or other means to extract details or information from the Content. Nor shall you extract information about users or Contributors in order to offer them any services or products.

In your use of the Website and/or Services you shall: comply with all applicable laws, regulations, directives and legislations which apply to your Use of the Website and/or Services in whatever country you are physically located including without limitation any and all consumer law, export control laws and regulations; provide to us true, correct and accurate information and promptly inform us in the event that any information that you have provided to us changes or becomes inaccurate; notify Mondaq immediately of any circumstances where you have reason to believe that any Intellectual Property Rights or any other rights of any third party may have been infringed; co-operate with reasonable security or other checks or requests for information made by Mondaq from time to time; and at all times be fully liable for the breach of any of these Terms by a third party using your login details to access the Website and/or Services

however, you shall not: do anything likely to impair, interfere with or damage or cause harm or distress to any persons, or the network; do anything that will infringe any Intellectual Property Rights or other rights of Mondaq or any third party; or use the Website, Services and/or Content otherwise than in accordance with these Terms; use any trade marks or service marks of Mondaq or the Contributors, or do anything which may be seen to take unfair advantage of the reputation and goodwill of Mondaq or the Contributors, or the Website, Services and/or Content.

Mondaq reserves the right, in its sole discretion, to take any action that it deems necessary and appropriate in the event it considers that there is a breach or threatened breach of the Terms.

Mondaq’s Rights and Obligations

Unless otherwise expressly set out to the contrary, nothing in these Terms shall serve to transfer from Mondaq to you, any Intellectual Property Rights owned by and/or licensed to Mondaq and all rights, title and interest in and to such Intellectual Property Rights will remain exclusively with Mondaq and/or its licensors.

Mondaq shall use its reasonable endeavours to make the Website and Services available to you at all times, but we cannot guarantee an uninterrupted and fault free service.

Mondaq reserves the right to make changes to the services and/or the Website or part thereof, from time to time, and we may add, remove, modify and/or vary any elements of features and functionalities of the Website or the services.

Mondaq also reserves the right from time to time to monitor your Use of the Website and/or services.


The Content is general information only. It is not intended to constitute legal advice or seek to be the complete and comprehensive statement of the law, nor is it intended to address your specific requirements or provide advice on which reliance should be placed. Mondaq and/or its Contributors and other suppliers make no representations about the suitability of the information contained in the Content for any purpose. All Content provided "as is" without warranty of any kind. Mondaq and/or its Contributors and other suppliers hereby exclude and disclaim all representations, warranties or guarantees with regard to the Content, including all implied warranties and conditions of merchantability, fitness for a particular purpose, title and non-infringement. To the maximum extent permitted by law, Mondaq expressly excludes all representations, warranties, obligations, and liabilities arising out of or in connection with all Content. In no event shall Mondaq and/or its respective suppliers be liable for any special, indirect or consequential damages or any damages whatsoever resulting from loss of use, data or profits, whether in an action of contract, negligence or other tortious action, arising out of or in connection with the use of the Content or performance of Mondaq’s Services.


Mondaq may alter or amend these Terms by amending them on the Website. By continuing to Use the Services and/or the Website after such amendment, you will be deemed to have accepted any amendment to these Terms.

These Terms shall be governed by and construed in accordance with the laws of England and Wales and you irrevocably submit to the exclusive jurisdiction of the courts of England and Wales to settle any dispute which may arise out of or in connection with these Terms. If you live outside the United Kingdom, English law shall apply only to the extent that English law shall not deprive you of any legal protection accorded in accordance with the law of the place where you are habitually resident ("Local Law"). In the event English law deprives you of any legal protection which is accorded to you under Local Law, then these terms shall be governed by Local Law and any dispute or claim arising out of or in connection with these Terms shall be subject to the non-exclusive jurisdiction of the courts where you are habitually resident.

You may print and keep a copy of these Terms, which form the entire agreement between you and Mondaq and supersede any other communications or advertising in respect of the Service and/or the Website.

No delay in exercising or non-exercise by you and/or Mondaq of any of its rights under or in connection with these Terms shall operate as a waiver or release of each of your or Mondaq’s right. Rather, any such waiver or release must be specifically granted in writing signed by the party granting it.

If any part of these Terms is held unenforceable, that part shall be enforced to the maximum extent permissible so as to give effect to the intent of the parties, and the Terms shall continue in full force and effect.

Mondaq shall not incur any liability to you on account of any loss or damage resulting from any delay or failure to perform all or any part of these Terms if such delay or failure is caused, in whole or in part, by events, occurrences, or causes beyond the control of Mondaq. Such events, occurrences or causes will include, without limitation, acts of God, strikes, lockouts, server and network failure, riots, acts of war, earthquakes, fire and explosions.

By clicking Register you state you have read and agree to our Terms and Conditions