Posted by Michael W. Peregrine, McDermott Will & Emery LLP, on Monday, October 23, 2017
Editor's Note: Michael W. Peregrine is a partner at McDermott Will & Emery LLP. This post is based on an article by Mr. Peregrine. Rebecca Martin and Joshua T. Buchman assisted in the preparation of this post. Their views do not necessarily represent the views of McDermott Will & Emery or its clients.
In an October 6, 2017 speech, Deputy U.S. Attorney General Rod J. Rosenstein offered further hints on the proposed “soft repeal” of the long-controversial “Yates Memorandum” on corporate liability and individual accountability.
Mr. Rosenstein had first raised the possibility of a change to Yates in a September 14, 2017 speech to the Heritage Foundation. In that speech, he stated that the policy set forth in that Memorandum was “under review”. In his October 6 speech, to the NYU program on Corporate Compliance and Enforcement, he elaborated on the pending change in policy.