Boeing case puts focus on plea agreements involving corporate defendants

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Boeing case puts focus on plea agreements involving corporate defendants - Business Standard

Quick Summary:

Experts on corporate behaviour say whether the new agreement has a more lasting impact on safety than the earlier settlement could come down to how much power is placed in the hands of an independent monitor who is assigned to oversee Boeing for three years.

After two jetliner crashes killed 346 people, a USD 2.5 billion settlement that let Boeing avoid criminal prosecution failed to resolve questions about the safety of the aerospace giant's planes.

Boeing has agreed to plead guilty to a felony fraud charge in a new deal with the Justice Department.