Corporate
Jul. 15, 2011
The ironies of attorney-client privilege in shareholder derivative litigation
How California courts stand apart from other state and federal courts in their treatment of derivative malpractice actions. By J. Daniel Sharp of Crowell & Moring LLP
"Corporations are people, too!" That ironic slogan gained currency after the U.S. Supreme Court's 2010 decision in Citizens United recognized that corporations have a First Amendment right to spend money in political campaigns. Judicial solicitude for the rights of corporations can also impact the arena of legal malpractice, with occasionally ironic results for the human beings involved. Take the recent decision in Reill...
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