kaal:claim:2486570-009

The McCallum Memorandum failed as a corrective because it only supplemented rather than replaced the Thompson Memorandum and did little if anything to curb the widespread use of attorney client and work product privilege waivers in deferred prosecution agreements.

Source quote, verbatim
McCallum Memo did not replace the Thompson Memorandum; it only supple- mented it and did little, if anything, to quell the widespread use of attorney-client and work-product privilege waivers in DPAs.
From

Wulf A. Kaal, Timothy Lacine, The Effect of Deferred and Non-Prosecution Agreements on Corporate Governance Evidence from 1993-20 (2014), II.A. HISTORICAL BACKGROUND, p. 15
https://ssrn.com/abstract=2486570 · source PDF

Cite as

Wulf A. Kaal, Timothy Lacine, The Effect of Deferred and Non-Prosecution Agreements on Corporate Governance Evidence from 1993-20 (2014). SSRN: https://ssrn.com/abstract=2486570

Classification

failuresupport: arguedfailure: supplemental-guidance-ineffectivefamily: enforcement-gapinstitutional-design

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