I cannot disagree with much of what Mr. Crane has said in his very articulate presentation. One must be careful about trying to prove too much. I have not argued against individual criminal liability, but I do not believe we can rely on it exclusively. Let me therefore confine my reply to this question and to Mr. Crane's criticisms of my equity fine proposal.
Business Organizations Law | Criminal Law | Law
Center on Corporate Governance
Center for Contract and Economic Organization
John C. Coffee Jr.,
Rebuttal: The Individual or The Firm? Focusing The Threat of Criminal Liability,
N. Ill. U. L. Rev.
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