KirklandPEN Kirkland & Ellis LLP

Private Equity Newsletter – July 30, 2012

This issue includes the article “NDA Use Restrictions – Use With Caution,” which discusses a recent New York court finding that a “use restriction” in a confidentiality agreement prevented a private equity fund from pursuing an alternative transaction. Also featured is “U.S. Regulators Penalize Fund Advisers,” which shows how recent enforcement actions against private fund advisers arising out of violations of the U.S. Foreign Corrupt Practices Act and U.S. Iranian Transaction Regulations demonstrate the value of effective compliance programs.