Nosedive: Boeing and the Corruption of the Deferred Prosecution Agreement
Harvard Corporate Governance
MAY 25, 2022
Posted by John C. Coffee (Columbia University), on Wednesday, May 25, 2022 Editor's Note: John C. Coffee Jr. is the Adolf A. Berle Professor of Law at Columbia University Law School. This post is based on his recent paper. For public corporations, the deferred prosecution agreement (or “DPA”) has become the default rule. Whatever the crisis or scandal—foreign corrupt practices, securities fraud, opioids—the response of the public corporation is to cut a deal with the U.S.
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