ArticleController :: show
Request
GET Parameters
None
POST Parameters
None
Uploaded Files
None
Request Attributes
Key | Value |
---|---|
_controller | "App\Controller\ArticleController::show" |
_firewall_context | "security.firewall.map.context.main" |
_links | Symfony\Component\WebLink\GenericLinkProvider {#3537 -links: [ 3658 => Symfony\Component\WebLink\Link {#3658 -href: "/build/runtime.js" -rel: [ "preload" => "preload" ] -attributes: [ "as" => "script" ] } 3656 => Symfony\Component\WebLink\Link {#3656 -href: "/build/644.js" -rel: [ "preload" => "preload" ] -attributes: [ "as" => "script" ] } 3655 => Symfony\Component\WebLink\Link {#3655 -href: "/build/502.js" -rel: [ "preload" => "preload" ] -attributes: [ "as" => "script" ] } 3654 => Symfony\Component\WebLink\Link {#3654 -href: "/build/app.js" -rel: [ "preload" => "preload" ] -attributes: [ "as" => "script" ] } 3653 => Symfony\Component\WebLink\Link {#3653 -href: "/build/view-more.js" -rel: [ "preload" => "preload" ] -attributes: [ "as" => "script" ] } 3652 => Symfony\Component\WebLink\Link {#3652 -href: "/build/term-condition.js" -rel: [ "preload" => "preload" ] -attributes: [ "as" => "script" ] } 3651 => Symfony\Component\WebLink\Link {#3651 -href: "/build/contact.js" -rel: [ "preload" => "preload" ] -attributes: [ "as" => "script" ] } 3650 => Symfony\Component\WebLink\Link {#3650 -href: "/build/scroll-infinite-article.js" -rel: [ "preload" => "preload" ] -attributes: [ "as" => "script" ] } 3649 => Symfony\Component\WebLink\Link {#3649 -href: "/build/app.css" -rel: [ "preload" => "preload" ] -attributes: [ "as" => "style" ] } 3648 => Symfony\Component\WebLink\Link {#3648 -href: "/build/cookie-style.css" -rel: [ "preload" => "preload" ] -attributes: [ "as" => "style" ] } 3647 => Symfony\Component\WebLink\Link {#3647 -href: "/build/term-condition-css.css" -rel: [ "preload" => "preload" ] -attributes: [ "as" => "style" ] } 3646 => Symfony\Component\WebLink\Link {#3646 -href: "/build/contact-css.css" -rel: [ "preload" => "preload" ] -attributes: [ "as" => "style" ] } 3645 => Symfony\Component\WebLink\Link {#3645 -href: "/build/comment-css.css" -rel: [ "preload" => "preload" ] -attributes: [ "as" => "style" ] } ] } |
_route | "article_show" |
_route_params | [ "category" => "companies" "slug" => "white-collar-firms-such-as-dechert-are-a-growing-niche-on-both-sides-of-the-atlantic" ] |
_security_firewall_run | "_security_main" |
_stopwatch_token | "ac5183" |
category | "companies" |
slug | "white-collar-firms-such-as-dechert-are-a-growing-niche-on-both-sides-of-the-atlantic" |
Request Headers
Header | Value |
---|---|
accept | "*/*" |
accept-encoding | "gzip, br, zstd, deflate" |
connection | "close" |
cookie | "PHPSESSID=tblfokhtl5f8pcc4ohn2dlir5q" |
host | "rct.dev.bbntimes.com" |
user-agent | "Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)" |
x-php-ob-level | "1" |
Request Content
Request content not available (it was retrieved as a resource).
Response
Response Headers
Header | Value |
---|---|
cache-control | "no-cache, private" |
content-type | "text/html; charset=UTF-8" |
date | "Mon, 23 Jun 2025 04:20:54 GMT" |
link | "</build/runtime.js>; rel="preload"; as="script",</build/644.js>; rel="preload"; as="script",</build/502.js>; rel="preload"; as="script",</build/app.js>; rel="preload"; as="script",</build/view-more.js>; rel="preload"; as="script",</build/term-condition.js>; rel="preload"; as="script",</build/contact.js>; rel="preload"; as="script",</build/scroll-infinite-article.js>; rel="preload"; as="script",</build/app.css>; rel="preload"; as="style",</build/cookie-style.css>; rel="preload"; as="style",</build/term-condition-css.css>; rel="preload"; as="style",</build/contact-css.css>; rel="preload"; as="style",</build/comment-css.css>; rel="preload"; as="style"" |
x-debug-token | "80b4a7" |
Cookies
Request Cookies
Key | Value |
---|---|
PHPSESSID | "tblfokhtl5f8pcc4ohn2dlir5q" |
Response Cookies
No response cookies
Session 6
Session Metadata
Key | Value |
---|---|
Created | "Mon, 23 Jun 25 04:20:53 +0000" |
Last used | "Mon, 23 Jun 25 04:20:53 +0000" |
Lifetime | 0 |
Session Attributes
Attribute | Value |
---|---|
_csrf/https-comment | "fp1VHVrQ5e0bCwG5ZyKCvIp0hW_ljHIYnGltSbtN9Po" |
_csrf/https-cookie_accept | "o0inyRsaW2aBhtY0jpQBsJcT2WrTfphX-NknT8183io" |
Session Usage
6
Usages
Stateless check enabled
Usage |
---|
Symfony\Component\Security\Csrf\TokenStorage\SessionTokenStorage:76
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Symfony\Component\Security\Csrf\TokenStorage\SessionTokenStorage:79
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Symfony\Component\Security\Csrf\TokenStorage\SessionTokenStorage:52
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Symfony\Component\Security\Csrf\TokenStorage\SessionTokenStorage:56
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Symfony\Component\Security\Core\Authentication\Token\Storage\UsageTrackingTokenStorage:41
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current_article | App\Entity\Article {#1094 -id: 11049 -title: "White-Collar Firms Such as Dechert Are a Growing Niche on Both Sides of the Atlantic" -slug: "white-collar-firms-such-as-dechert-are-a-growing-niche-on-both-sides-of-the-atlantic" -introtext: "<p>China’s ZTE Corporation is back in the news five years after it entered into a $900 million settlement with the Department of Justice (DoJ).</p>\r\n" -content: """ \r\n <p>The reason? Its monitorship: the appointment of an overseeing individual who ensures compliance with the settlement. </p>\r\n <p>The ZTE situation shows the importance of having expert and well-qualified legal advice in the context of monitorships. For example, global law firm Dechert LLP frequently advises companies on entering into voluntary or court-appointed monitorships, and acts as monitors themselves, although it was not involved in the ZTE matter. </p>\r\n <p>In 2017 ZTE pleaded guilty to DoJ charges of illegally exporting sensitive <a href="technology/how-virtual-reality-is-transforming-military-training" target="_blank">U.S. technologies</a> to Iran. As part of the court settlement, a monitor, Dallas lawyer James Stanton, was appointed. According to the Wall Street Journal, Stanton is now seeking to extend his term beyond its expiration in March 2022. The newspaper claims Stanton is threatening to leverage his friendship with the judge, U.S. District Judge Ed Kinkeade.</p>\r\n <p>Not every corporation opts to settle for a monitorship. Chinese telecom giant Huawei appointed Dechert’s white-collar team to vigorously defend it from a spate of actions initiated by the U.S. government, including accusations of stealing trade secrets, trading with sanctioned countries such as Iran, spying for Beijing, and racketeering. As a large company with a global footprint over several continents, Huawei is determined to fight what is shaping up to be a case of an unusual magnitude. </p>\r\n <p><img src="/images/White_Collar_Firms.jpeg" alt="White_Collar_Firms.jpeg" width="600" height="400" /></p>\r\n <h2>The Pros and Cons of Monitorships</h2>\r\n <p>The ZTE case highlights some of the difficulties that can arise with monitorships. These arrangements are not supposed to be an extra sanction, but the cost is borne by the company concerned. Monitorships are also a source of considerable revenue for the monitor. It’s therefore of the utmost importance that the monitor is unimpeachable. </p>\r\n <p>Law firms, accountants, or specialist risk consultancies are the customary pool for monitors. They are, above all, expected to act independently. When <a href="https://www.inhouselawyer.co.uk/feature/firms-pile-into-fast-moving-corporate-crime-sphere-but-is-there-enough-work-to-keep-all-hands-busy/" target="_blank" rel="noopener">a lawyer</a> is chosen as a monitor, they do not owe a traditional lawyer-client duty to the company or its shareholders. </p>\r\n <p>Law firms with <a href="https://benchmarklitigation.com/NewsAndAnalysis/Dechert-adds-white-collar-crime-partner-in-Philly/Index/4885" target="_blank" rel="noopener">leading white-collar practices</a> such as Dechert regularly undertake monitorships. Their lawyers serve as independent monitors either appointed by the company or imposed by the court under a deferred prosecution agreement (DPA). A monitor’s focus is on ensuring that the company complies with the terms of the DPA. Compliance infrastructure is also critical; the monitor should ensure that this is well designed to effectively detect and prevent regulatory violations. </p>\r\n <p>The monitorship has limitations — it’s not imposed to investigate historical misconduct. Instead, the goal of the monitorship should always be the successful conclusion of the role. It also helps that many appointees have experience working for the regulators as well as in private practice, as they act as a conduit between the company and the government. David Kelley, co-leader of the white-collar and securities litigation practice of Dechert, previously served as U.S. Attorney for the Southern District of New York from 2003 to 2005. Prior to that, he was Deputy U.S. Attorney from 2002 to 2003.</p>\r\n <h2>Difference in Approach to Monitorships in the US and the UK </h2>\r\n <p>The U.S. has a history of using monitors in both civil and criminal settlements. In the U.K., the use of monitors is more of a recent development. Prior to the introduction of the DPA <a href="https://www.legal500.com/firms/9038-dechert-llp/523-london-england/" target="_blank" rel="noopener">in the U.K</a>. in 2013, non-statutory monitors were appointed in overseas bribery cases. Examples of monitors installed by voluntary arrangement include the cases of Balfour Beatty, BAE Systems, and Innospec, to name but a few. </p>\r\n <p>Since 2013, monitors can be appointed as part of the DPA-negotiated settlement authorized by the court. The arrival of Lisa Osofsky as director of the U.K. The Serious Fraud Office (SFO) in 2018 was a further shift. Osofsky is a former U.S. prosecutor and corporate monitor. Since her appointment, she’s hired practitioners from the FBI and DoJ to advise the U.K. SFO staff. </p>\r\n <p>There have, so far, been 12 DPAs in total since the legislation was introduced. The most significant DPA involving an informal monitor was that of Rolls-Royce, which entered into a DPA in 2017. The car manufacturer admitted to paying bribes through intermediaries to secure contracts in multiple countries between 1989 and 2013. </p>\r\n <p>Rolls-Royce retained Lord Gold as a quasi-monitor at the very start of the SFO <a href="https://globalinvestigationsreview.com/organisation/dechert-llp" target="_blank" rel="noopener">investigation</a>. By the time of the DPA, Lord Gold had produced two interim compliance reports with a third in progress. The DPA imposed financial penalties of nearly £300 million and disgorgement of profits on Rolls-Royce. It also stipulated that Rolls-Royce should implement Lord Gold’s plans to his satisfaction within two years of the settlement. </p>\r\n <p>Not everyone is a fan of monitorships, however. Lord Chief Justice Thomas said in sentencing remarks on the Innospec <a href="https://www.legalbusiness.co.uk/blogs/on-trend-white-case-launches-london-white-collar-practice-with-dechert-hire/" target="_blank" rel="noopener">case</a> that a monitor was an “expensive form of ‘probation order.” In his view, a monitor was “unnecessary for a company which will also be audited by auditors well aware of the past conduct and whose directors will be well aware of the penal consequences of any similar criminal conduct.”</p>\r\n <p>If a company has a proactive and effective compliance program when negotiating a DPA, a monitor should not be essential. This is the position in the U.K. and the U.S. As laid bare by the ZTE story, the cost of a monitor can run into millions. This is borne by the company, yet a monitor should not be seen as an extra sanction. In addition, the monitor should be completely above reproach. </p>\r\n <p>All these factors are tricky to balance. The regulators are attempting to do this with an increased emphasis on transparency. In 2020 the DoJ published a list identifying all corporate monitors for the first time. Approaching established accountants, risk consultancies, or law firms with relevant <a href="https://www.expertguides.com/experts/dechert/black-caroline/laozyvdq" target="_blank" rel="noopener">white-collar expertise such as Dechert</a> to take on monitorships is the best bet.</p> """ -user: Proxies\__CG__\App\Entity\User {#1092 …} -createdAt: DateTime @1647079094 {#1145 : 2022-03-12 09:58:14.0 UTC (+00:00) } -updatedAt: DateTime @1647079246 {#1150 : 2022-03-12 10:00:46.0 UTC (+00:00) } -deletedAt: null -category: App\Entity\Category {#445 …} -status: "published" -imageCard: Proxies\__CG__\App\Entity\File {#1184 …} -ImageHeader: Proxies\__CG__\App\Entity\File {#1184 …} -featured: false -mainView: false -clicks: 2276 -comments: Doctrine\ORM\PersistentCollection {#1125 …} -reviewed_at: DateTime @1647079094 {#1148 : 2022-03-12 09:58:14.0 UTC (+00:00) } -metakey: "White-Collar Firms Such as Dechert Are a Growing Niche on Both Sides of the Atlantic" -metadesc: "China’s ZTE Corporation is back in the news five years after it entered into a $900 million settlement with the Department of Justice (DoJ)." -robots: null -publishedAt: DateTime @1647079094 {#1147 : 2022-03-12 09:58:14.0 UTC (+00:00) } -canonical: null -superTag: null } |
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