Regulatory Cooperation In International E-Discovery
December 2, 2009, 2:07 PM EST
Law360, New York (December 2, 2009, 2:07 PM EST) -- The country of Switzerland made headlines in July when it threatened to seize data from UBS to prevent enforcement of a U.S. court order seeking names of account holders suspected of tax evasion, an order the Swiss government claimed would force UBS to violate Swiss privacy law.
Indeed, for several years, the legal community has been debating the dilemma faced by companies when data subject to discovery is stored in a foreign country whose privacy laws prohibit or limit the export of data to the United...
Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.