Wal-Mart Asks to Keep Alleged Bribery Records Confidential

, The Legal Intelligencer


A Delaware Court of Chancery order requiring Wal-Mart to release internal documents regarding its directors' knowledge of alleged wrongdoing by the company's Mexican affiliate was too broad, the retailer's attorney told the Delaware Supreme Court last week. But an attorney representing the company's shareholders said the number of documents it requested was essential for the purpose of pursuing derivative claims against the retailer.

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