U.S. House Adopts Attorney-Client Protection Act

Law360, New York (November 14, 2007, 12:00 AM EST) -- The U.S. House of Representatives voted on Tuesday to approve a bill that would bar federal prosecutors from asking companies under investigation for antitrust violations or fraud to waive their attorney-client privilege. A similar bill awaits a vote in the Senate.

Advocates of the bill have said that prosecutors with the U.S. Department of Justice pressure corporations to waive their attorney-client privilege by threatening that refusal to waive the privilege could hurt them.

If the bill is passed, prosecutors could not ask corporations to waive the...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.