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Dechert LLP

High Court Rejects Shareholder Privilege Rule in "Aabar v Glencore"

Dechert LLP on

The High Court ruled that companies can assert privilege against their shareholders, rejecting the “Shareholder Rule” which had been alluded to in some previous authorities. The decision clarifies that there is no general...more

Proskauer - Minding Your Business

Without Merit: A Cautionary Tale About Boilerplate Litigation Disclosures in Public Company Filings

Counsel for public companies—it may be time to take another look at your litigation disclosures. A recent federal district court opinion held that one company’s use of the phrase “without merit” to describe ongoing litigation...more

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