- Category
- Client Alerts
- Date
- Jan. 14, 2008
- Title
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Litigation Alert: When a Special Committee of a Corporation's Board of Directors Discloses the Findings of an Internal Investigation to the Full Board of Directors, the Special Committee May Find That It Has Waived Its Attorney-Client Privilege with Committee Counsel
This alert discusses the recent Delaware Chancery Court case of Ryan v. Gifford, which held that where a special committee retains outside counsel to investigate corporate wrongdoing in response to litigation, the special committee waives the attorney-client privilege with committee counsel if it discloses the investigation’s results to the full board, including to board members accused of the misconduct under investigation.
Related People
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Alan R. Friedman
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- Counsel
- Co-author
- New York
- vcard
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Arthur H. Aufses III
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- Counsel
- Co-author
- New York
- vcard
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