D.C. Circuit Hands Media General Mixed Decision

Law360, New York (July 3, 2008, 12:00 AM EDT) -- A federal appeals court has affirmed Media General Inc.'s request for limited damages from representatives of Park Communications for allegedly hiding a former executive's multimillion-dollar suit in 1996 merger negotiations. But the court has repudiated Media General's additional $10 million securities fraud claim.

In a unanimous ruling on June 27, a three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit partially overturned a district court's finding of summary judgment for the defendants.

Richmond, Va.-based Media General may seek the nearly $500,000...
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