Call it music to the ears of corporate counsel. A capital markets reform committee issued a report recommending that the U.S. Department of Justice stop punishing companies under investigation for refusal to waive attorney-client privilege and cutting off legal fees for executives.

The 135-page Committee on Capital Markets Regulation report, released on Nov. 30, would be a stake in the heart of the infamous Thompson memorandum, written by former Deputy Attorney General Larry Thompson at the height of the corporate scandals involving Enron Corp., WorldCom Inc. and others.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]