In TCV VI  v. TradingScreen, C.A. No. 10164-VCL (Del. Ch. April 23, 2018), clarified by order (Del. Ch. May 22, 2018), Vice Chancellor J. Travis Laster addressed the scope of the materials that a lawyer must produce to a former client upon request.

The underlying action from which this dispute arose involved a suit against directors of TradingScreen by holders of preferred stock in the company. The plaintiffs alleged that the company had breached its obligation to redeem their preferred stock and the defendant directors had not acted in good faith and breached their fiduciary duties when they determined how much of the preferred stock to redeem. A single law firm represented all of the defendant directors through trial.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]