Bankruptcy Newsletter Is Protected by NY Shield Law, Appellate Court Rules
The First Department ruled Thursday that Reorg Research, a specialty publisher with a narrow audience and tech-driven business model, is covered by New York's Shield Law, overturning the trial court.
July 13, 2017 at 06:01 PM
9 minute read
The Appellate Division, First Department, on Thursday ruled that a company that provides information about distressed businesses to high-end institutional subscribers is exempt from having to disclose the names of its sources, overturning the trial court's decision.
The appellant, Murray Energy Corporations, has vowed to continue litigating the suit.
Bloomberg LP, Reuters, Dow Jones & Co., The Financial Times, Politico and several other large media companies had joined as amici curiae for the newsletter publisher.
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