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Apr 15, 2013

The DOJ’s Antitrust Division Cuts Back on Its Carve-out Policy for Corporate Officers in Plea Agreements

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Last Friday, Bill Baer, Assistant Attorney General for the Department of Justice’s Antitrust Division, announced that the Division will no longer publicly name the executives excluded from immunity granted in corporate cartel plea agreements, nor will it carve out individuals for reasons unrelated to culpability. Going forward, the Division will ask the court to seal the names of carved-out individuals in an appendix that will not be publicly available. These changes infuse principles of fairness and justice into cartel plea agreements.

View full memo, "The DOJ’s Antitrust Division Cuts Back on Its Carve-out Policy for Corporate Officers in Plea Agreements"

Authors and Contributors

Jessica K. Delbaum

Partner

Antitrust

+1 212 848 4815

+1 212 848 4815

New York

Stephen Fishbein

Partner

Litigation

+1 212 848 4424

+1 212 848 4424

New York

Patrick D. Robbins

Partner

Litigation

+1 415 616 1210

+1 415 616 1210

San Francisco

Matthew Readings

Partner

Antitrust

+44 20 7655 5937

+44 20 7655 5937

London

Masahisa Ikeda

Partner

Capital Markets

+1 212 848 5378

+1 212 848 5378

New York