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Investigations
August 17, 2021
What to Know When Joining a Special Litigation Committee (SLC)
Companies often investigate alleged misconducts of their current or former administrators at the counsel of shareholders. When this occurs, a lengthy screening will follow, performed by a special litigation committee (SLC). An SLC is empowered by a company's board to investigate and determine whether the prosecution of claims is in the best interest of its company. It is the most constructive method of dispute resolution for the company.
We published a series of articles for Corporate Compliance Insights designed to provide a pinnacle overview of what being a member of an SLC means. These articles provide readers with a thorough understanding of SLCs and the steps it takes to confirm it is an effective method for dispute resolution.
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These materials have been prepared for informational purposes only and are not legal advice. This information is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Internet subscribers and online readers should not act upon this information without seeking professional counsel.
