Saturday, December 1, 2007
Corporate deferred prosecution agreements allow the government and a company to reach an agreement where the company can continue its business, institute increased reform within the entity, and avoid a criminal conviction. The agreements have been controversial, in large part because of some of the terms within these agreements (see here). The increased use of corporate deferred prosecution agreements started several years ago. And some companies that reached an agreement are starting to see the end of their corporate probation without conviction. Roger Williams Medical Center is such an example, as the U.S. Attorney in Rhode Island has agreed to terminate this agreement, although several measures will remain in effect. (see here and here).